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For Sale: POA
3 Stepfield, Freebournes Industrial Estate, Witham, Essex, CM8
-
Area
15829Sq Ft
The property comprises a detached concrete framed industrial workshop of brick and block elevations beneath pitched roofs. The workshops have a minimum eaves height of 3.20m rising to 5.20m to the apex. The workshops benefit from three loading doors (3.00m wide x 3.00m high approx.) to the side elevation within the secure yard and a roller shutter access door (5.60m wide x 3.60m high approx.) to the front of the property. At the front of the property is a two storey office section which provides a reception area, meeting room and male & female WC facilities on the ground floor and office accommodation on the first floor. Please refer to the floor plan for further information. Externally there is a generous parking area to the front of the property and a secure gated yard to the side and rear of the property.
LOCATION
The property is located on the established Freebournes Industrial Estate adjacent to the A12 which provides convenient access to Junction 28 of the M25 to the south and the east coast ports of Harwich and Felixstowe to the north east. Access to the M11 and Stansted Airport is via the A120 from Braintree which is linked to Witham via the B1018. Witham Station provides a frequent service to London Liverpool Street with a journey time of approximately 45 minutes.
ACCOMMODATION
[Approximate Gross Internal Floor Areas]
Ground Floor
Industrial/Warehouse - 13,992 sq ft [1,299.88 sq m]
Offices, Kitchen and WC's - 850 sq ft [78.96 sq m]
First Floor
Offices - 987 sq ft [91.72 sq m]
Total - 15,829 sq ft [1,470.56 sq m]
The total site area measures 0.69 acre. [Measured online using Promap]
ENERGY PERFORMANCE CERTIFICATE [EPC]
We have been advised the premises falls within Band F (143) of the energy performance assessment scale. A full copy of the EPC assessment and recommendation report is available upon request.
SERVICES
We understand the property is connected to mains water, drainage, gas and three phase electricity. We have not tested any of the services and all interested parties should rely upon their own enquiries with the relevant utility company in connection with the availability and capacity of all of those serving the property including IT and telecommunication links.
BUSINESS RATES
We are advised that the premises have a rateable value of £77,000. Therefore estimated annual rates payable of approximately £42,042 (2024/25). Interested parties are advised to make their own enquiries.
PLANNING
We understand the premises has an established general industrial (B2) use.
LOCAL AUTHORITY
Braintree District Council
T. 01376 552525
TITLE
Our client has a long leasehold interest in the premises. The lease is for a term of 99 years from 1969 and the current ground rent is approximately £15,500 per annum. We understand the ground rent is reviewed every 33 years, the last review being in 2002. A copy of the long leasehold interest is available upon request. Our client has had a positive conversation with the freeholder (Braintree District Council) regarding an extension of the long leasehold interest.
TERMS
The site is offered for sale with vacant possession.
We are instructed to seek unconditional offers by no later than 12 noon on Wednesday 18th December 2024.
GUIDE PRICE
Offers invited.
VAT
We understand VAT is not applicable.
LEGAL COSTS
Each party to bear their own legal costs incurred in this transaction.
ANTI-MONEY LAUNDERING REGULATIONS
Anti-Money Laundering Regulations require Fenn Wright to formally verify a prospective purchaser's identify prior to the instruction of solicitors.
VIEWINGS STRICTLY BY APPOINTMENT VIA SOLE SELLING AGENTS:
Fenn Wright
64 Newland Street
Witham
Essex
CM8 1AH
James Wright
E: [email protected]
Features
- Unique Opportunity
- Offers Invited by 12 noon on Wednesday 18th December 2024
- Available with Vacant Possession January 2025
- Established Estate in Close Proximity to the A12
- Three Phase Power & Gas Supply
- Secure Yard and Parking
Floor plan
Map
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3 Stepfield, Freebournes Industrial Estate, Witham, Essex, CM8
The property comprises a detached concrete framed industrial workshop of brick and block elevations beneath pitched roofs. The workshops have a minimum eaves height of 3.20m rising to 5.20m to the apex. The workshops benefit from three loading doors (3.00m wide x 3.00m high approx.) to the side elevation within the secure yard and a roller shutter access door (5.60m wide x 3.60m high approx.) to the front of the property. At the front of the property is a two storey office section which provides a reception area, meeting room and male & female WC facilities on the ground floor and office accommodation on the first floor. Please refer to the floor plan for further information. Externally there is a generous parking area to the front of the property and a secure gated yard to the side and rear of the property.
LOCATION
The property is located on the established Freebournes Industrial Estate adjacent to the A12 which provides convenient access to Junction 28 of the M25 to the south and the east coast ports of Harwich and Felixstowe to the north east. Access to the M11 and Stansted Airport is via the A120 from Braintree which is linked to Witham via the B1018. Witham Station provides a frequent service to London Liverpool Street with a journey time of approximately 45 minutes.
ACCOMMODATION
[Approximate Gross Internal Floor Areas]
Ground Floor
Industrial/Warehouse - 13,992 sq ft [1,299.88 sq m]
Offices, Kitchen and WC's - 850 sq ft [78.96 sq m]
First Floor
Offices - 987 sq ft [91.72 sq m]
Total - 15,829 sq ft [1,470.56 sq m]
The total site area measures 0.69 acre. [Measured online using Promap]
ENERGY PERFORMANCE CERTIFICATE [EPC]
We have been advised the premises falls within Band F (143) of the energy performance assessment scale. A full copy of the EPC assessment and recommendation report is available upon request.
SERVICES
We understand the property is connected to mains water, drainage, gas and three phase electricity. We have not tested any of the services and all interested parties should rely upon their own enquiries with the relevant utility company in connection with the availability and capacity of all of those serving the property including IT and telecommunication links.
BUSINESS RATES
We are advised that the premises have a rateable value of £77,000. Therefore estimated annual rates payable of approximately £42,042 (2024/25). Interested parties are advised to make their own enquiries.
PLANNING
We understand the premises has an established general industrial (B2) use.
LOCAL AUTHORITY
Braintree District Council
T. 01376 552525
TITLE
Our client has a long leasehold interest in the premises. The lease is for a term of 99 years from 1969 and the current ground rent is approximately £15,500 per annum. We understand the ground rent is reviewed every 33 years, the last review being in 2002. A copy of the long leasehold interest is available upon request. Our client has had a positive conversation with the freeholder (Braintree District Council) regarding an extension of the long leasehold interest.
TERMS
The site is offered for sale with vacant possession.
We are instructed to seek unconditional offers by no later than 12 noon on Wednesday 18th December 2024.
GUIDE PRICE
Offers invited.
VAT
We understand VAT is not applicable.
LEGAL COSTS
Each party to bear their own legal costs incurred in this transaction.
ANTI-MONEY LAUNDERING REGULATIONS
Anti-Money Laundering Regulations require Fenn Wright to formally verify a prospective purchaser's identify prior to the instruction of solicitors.
VIEWINGS STRICTLY BY APPOINTMENT VIA SOLE SELLING AGENTS:
Fenn Wright
64 Newland Street
Witham
Essex
CM8 1AH
James Wright
E: [email protected]