Request a Valuation
For Sale: £1,200,000
7 & 9-13 Bocking End, Braintree, Essex, CM7
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Area
17119Sq Ft
The property comprises a substantial end of terrace building which we believe was constructed in the 1970's. The building is constructed of a reinforced concrete frame with cavity brick elevations. There are first floor areas to the front and rear with a flat roof over the remainder. The ground floor is solid concrete and the first floor is reinforced concrete accessed by concrete staircases. The property has two addresses and is split into two entities. On the ground floor we have 7 Bocking End which comprises a large open plan area which we are led to believe was constructed for use as a supermarket. There are staff WC's and kitchenette on the first floor at the rear of the property. At the front of the property is 9-13 Bocking End which provides first floor office accommodation split into 3 suites. The offices are accessed via a prominent shared entrance to the north east of the site which benefits from an 8 person passenger lift. At the rear of the property is a car park which provides enough parking for at least 30 cars. Floor plans are available upon request.
LOCATION
The property is located on the west side of Bocking End near to the junction with Rayne Road, Coggeshall Road and Bank Street. Bank Street forms part of the town's retail core with a full range of retail, leisure and business services on the doorstep. Braintree is an expanding market town in the county of Essex. The A120 dual carriageway is approximately two miles distant which provides convenient access to the M11 and Stansted Airport. Braintree is served by a rail connection to London Liverpool Street via Witham with a journey time of approximately 60 minutes. In addition nearby Stansted Airport provides a rail connection with London of approximately 45 minutes via the Stansted Express.
ACCOMMODATION
Please refer to the Tenancy & Accommodation Schedule on the marketing brochure.
The entire site as outlined red measures approximately 0.6 acre.
Please note these measurements have been provided by our client and interested parties are to rely on their own measurements.
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.
PLANNING
We understand the property has a longstanding A1 Retail and B1 Office Use which now falls under Class E.
LOCAL AUTHORITY
Braintree District Council
T. 01376 552525
ENERGY RATING
Please refer to the Tenancy & Accommodation Schedule on the marketing brochure.
A full copy of the EPC assessments and recommendation reports are available upon request.
SERVICE CHARGE
There is a service charge towards the upkeep of the building. Further information is available upon request.
TENANCY
The freehold interest is currently subject to three leases and is generating an annual income of £104,440 per annum exclusive. Further details are provided within the Tenancy & Accommodation Schedule on the marketing brochure. A copy of the Leases are available upon request.
TERMS
The property is offered for sale freehold subject to the existing leases. Our client is seeking offers in the region of £1,200,000.
VAT
We understand VAT will not be applicable to the purchase price.
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 identity prior to the instruction of solicitors.
VIEWINGS STRICTLY BY APPOINTMENT VIA SOLE SELLING AGENTS:
Fenn Wright
64 Newland Street
Witham
Essex
CM8 1AH
Contact:
James Wright
E: [email protected]
John Logan
E: [email protected]
Features
- Let to Argos Limited who are paying £85,000 Per Annum until 28th February 2028
- Currently Generating a Total Income of £104,440 Per Annum
- Prominent Town Centre Location
- Development Potential STPP
- Suitable for a Variety of Uses STPP
- Excellent Car Parking
Floor plan
Map
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7 & 9-13 Bocking End, Braintree, Essex, CM7
The property comprises a substantial end of terrace building which we believe was constructed in the 1970's. The building is constructed of a reinforced concrete frame with cavity brick elevations. There are first floor areas to the front and rear with a flat roof over the remainder. The ground floor is solid concrete and the first floor is reinforced concrete accessed by concrete staircases. The property has two addresses and is split into two entities. On the ground floor we have 7 Bocking End which comprises a large open plan area which we are led to believe was constructed for use as a supermarket. There are staff WC's and kitchenette on the first floor at the rear of the property. At the front of the property is 9-13 Bocking End which provides first floor office accommodation split into 3 suites. The offices are accessed via a prominent shared entrance to the north east of the site which benefits from an 8 person passenger lift. At the rear of the property is a car park which provides enough parking for at least 30 cars. Floor plans are available upon request.
LOCATION
The property is located on the west side of Bocking End near to the junction with Rayne Road, Coggeshall Road and Bank Street. Bank Street forms part of the town's retail core with a full range of retail, leisure and business services on the doorstep. Braintree is an expanding market town in the county of Essex. The A120 dual carriageway is approximately two miles distant which provides convenient access to the M11 and Stansted Airport. Braintree is served by a rail connection to London Liverpool Street via Witham with a journey time of approximately 60 minutes. In addition nearby Stansted Airport provides a rail connection with London of approximately 45 minutes via the Stansted Express.
ACCOMMODATION
Please refer to the Tenancy & Accommodation Schedule on the marketing brochure.
The entire site as outlined red measures approximately 0.6 acre.
Please note these measurements have been provided by our client and interested parties are to rely on their own measurements.
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.
PLANNING
We understand the property has a longstanding A1 Retail and B1 Office Use which now falls under Class E.
LOCAL AUTHORITY
Braintree District Council
T. 01376 552525
ENERGY RATING
Please refer to the Tenancy & Accommodation Schedule on the marketing brochure.
A full copy of the EPC assessments and recommendation reports are available upon request.
SERVICE CHARGE
There is a service charge towards the upkeep of the building. Further information is available upon request.
TENANCY
The freehold interest is currently subject to three leases and is generating an annual income of £104,440 per annum exclusive. Further details are provided within the Tenancy & Accommodation Schedule on the marketing brochure. A copy of the Leases are available upon request.
TERMS
The property is offered for sale freehold subject to the existing leases. Our client is seeking offers in the region of £1,200,000.
VAT
We understand VAT will not be applicable to the purchase price.
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 identity prior to the instruction of solicitors.
VIEWINGS STRICTLY BY APPOINTMENT VIA SOLE SELLING AGENTS:
Fenn Wright
64 Newland Street
Witham
Essex
CM8 1AH
Contact:
James Wright
E: [email protected]
John Logan
E: [email protected]