Commercial property for sale

Tenure: Leasehold

LOCATION:
Southend on Sea is located approx 30 miles (50 km) east of London, 7 miles (11 km) east of Basildon and 12 miles (20 km) south east of Chelmsford.
The property forms part of an established commercial area which is bounded by Eastwoodbury Lane and Cherry Orchard Way (B1013), close to London Southend Airport.

DESCRIPTION:
A detached, single storey, industrial building with a flat roofed front office annexe. The main building is of concrete portal frame construction with concrete panel cladding. To the front of the property there is a generously sized forecourt providing approx 10 car parking spaces. A further 20 or so spaces are located to the rear.

Accommodation    All areas are approximate and have been measured on a gross internal basis:
Warehouse & Offices: 17,350 sq ft 1,611 ms
Maximum ceiling height of 5.02m reducing to 3.99m at eaves position.

Features    Industrial unit and offices Established commercial area Close to London Southend Airport Parking for circa 30 vehicles Gas heating to warehouse and electric heating to offices Good links to A127

Terms    The premises are held on a 99-year ground lease commencing 24th July 1974 (approx 62 years remaining) subject to 10 year reviews. The current ground rent is set at £17,000 pa. Our client is looking to sell the long-leasehold interest in the property for which offers in excess of £500,000 are now being sought.

Planning    Interested parties are recommended to make their own enquiries with the local Planning Authority to ensure that any proposed use is in accordance with the current planning policy. Telephone Southend Council on 01268 215000

Business Rates    The property is enteed on the 2010 Rating List as Factory & Premises with an estimate notional rates liability for 2011/12 of £35,722.50.

Services    Although we are advised that the unit benefits from main services, we would recommend that all interested parties check with the relevant statutory authorities as to the existence, adequacy or otherwise of these.

Viewing    By prior appointment with Dedman Gray Commercial on 01702 311111