Property spotlight: Focus on the south Essex industrial/warehouse sector
The latest insights from the RICS UK Commercial Property Monitor indicate that occupier demand is showing some improvement in certain areas, yet broader market activity remains subdued. Industrial property continues to display resilience, supported by a steady demand for logistics and storage facilities and whilst this has undoubtedly cooled, the market remains significantly more buoyant than other areas. Below we share details of three industrial units available for sale and to let in south Essex:
2 Europa Park, Eastway’s Industrial Estate, Witham – Guide price £1,695,000
2 Europa Park represents a rare freehold opportunity, offering 10,466 sq. ft. accommodation on the popular Eastway’s Industrial Estate, a modern industrial park with excellent transport links. Located under a mile from Junction 22 of the A12, there are good connections to the ports of Felixstowe, Harwich and Tilbury. This mid-terrace industrial/warehouse property is of steel portal frame construction with a an eaves height of 6.10m rising to 7.40m, with open-plan office space on the first floor totalling 1,872 sq. ft. There is a loading door to the right hand side and a generous parking area. We understand the premises has an established B2 and B8 Use.
Farley House, Kinvara Business Park, 22-42 Freshwater Road, Dagenham – To Let: Rent on Application
Farley House is a well-presented detached single-storey building measuring 12,873 sq. ft. The property comprises a blend of open-plan and private offices, meeting rooms and storage. There is an extensive parking/yard area which is accessed via a barrier-controlled entrance from Freshwater Road. The site totals approximately 1.5 acres and is within close proximity to Chadwell Heath Station (Elizabeth Line/Greater Anglia services) with easy access to both the A12 and A13.
Hangar 2, North Weald Airfield, Merlin Way, North Weald, Epping – To Let: £390,000pa
This detached former aircraft hangar totals 29,519 sq. ft. and benefits from a clear span space making it ideal for warehouse use. There are loading doors to both ends leading to concreted yard areas and the airfield is securely fenced and gated, with 24/7 access. North Weald Airfield is located within 3 miles of the M11/A414 interchange, making it a strategic location with direct access to London, Cambridge and Felixstowe. On a site of 2.48 acres, the property also includes office accommodation and there is an area of additional land available, subject to separate negotiation.
