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Property Image
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For Sale: £70,000

Sold

Land South-East Of 9 Newland Street, Witham, Essex, CM8

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Property Image
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  • Area

    area
    0Acres

FOR SALE BY AUCTION - WEDNESDAY 11TH DECEMBER 2024

LOCATION AND DESCRIPTION
This freehold land extending to 0.041 hectares (0.1 acres) is situated to the rear of 9-13 Newland Street, Witham and is accessed via Mayland Road to the rear. The land is currently let. Long term it may offer potential for alternative uses, subject to all necessary consents being obtainable.

TENANCY
Let under the terms of a commercial lease for a period of 50 years (less 6 days) from 3rd July 2019 and ending on 27th June 2069, at a current rental of £5,000 per annum.

LOCAL AUTHORITY
Braintree District Council
T. 01376 552525

SERVICES
Interested parties are to rely on their own investigations.

BUSINESS RATES
Interested parties are to rely on their own investigations and advised to contact the local authority for further information.

SALE PROCESS
The freehold property is offered for sale subject to the existing leases via Clive Emson Auctioneers on Wednesday 11th December 2024 commencing 11.00am. Guide price is £70,000-£75,000 plus fees.

For further information and access to the legal documents, please refer to Clive Emson Auctioneers' website www.cliveemson.co.uk/properties/254/66/

VIEWING
On site during daylight hours, taking care to avoid trespass en-route.

CONTACT:

Clive Emson Auctioneers
First Floor, 129 New London Road, Chelmsford, Essex, CM2 0QT
Contact:
Paul Bridgeman
T: 01245 205778
E: [email protected]

Or

Fenn Wright
20 Duke Street, Chelmsford , Essex, CM1 1HL
Contact:
John Logan
T: 01245 292101
E: [email protected]

Features

  • Commercial investment land
  • 0.1 acres
  • Rental income £5,000 per annum

Map

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