Commercial Property for saleBraintree
2,160 sq. ft.
- 2,160 sq ft (200 sq m)
GUIDE PRICE - £125,000
The owner will consider the sale of the barn for business, employment or community uses, subject to terms being agreed.
Purchase of the property is subject to a covenant restricting the use of the premises to only business, employment or community uses.
There will be a requirement for the purchaser (and successors) to pay a further £200,000 if any residential or other change of use is achieved enabling the property to be used for any form of domestic habitation.
The landlord will consider conversion of the barn to a range of business uses, employment or community uses subject to obtaining the necessary planning consent. The barn extends to approximately 2160 sq ft.
Tenants will be expected to sign an Agreement to Lease prior to any works taking place.
The conversion costs, including utility connections, is estimated to be in the order of £100,000 - £300,000 depending on on use and specification. Conversion is anticipated to take 3-6 months.
Rent shall be dependent on the use and tenants requirements. Indicative rents are:
Storage £2 - £3 per sq ft per annum
Workshop £3.50 - £5 per sq ft per annum
Offices £8 - £12 per sq ft per annum
Rents exclude all outgoings; tenants will be responsible for business rates, insurances and all utility costs.
Tenants can seek finance or undertake conversion themselves and receive a rent free period in lieu of costs, subject to signing suitable lease terms and providing adequate personal and financial references.
The local planning authority is Braintree District Council. Whilst the property had a previous consent (11/01407/FUL) for use as a brewery. Planning permission for a change of use and conversion will be required. An application will need to be submitted once proposed uses and specifications are known and agreed. Listed Building Consent is also required.
Obtaining planning consent is likely to take 3-6 months. Who bears the cost of obtaining planning permission will be dependent on terms.
Whirledge & Nott does not have any authority to give representations or warranties in relation to the property. These particulars do not form part of any offer or contract. All descriptions, photographs and plans are for guidance only and should not be relied upon as statements or representations of fact. All measurements are approximate. No assumption should be made that the property has the necessary planning, building regulations or other consents. Whirledge & Nott has not carried out a survey nor tested any appliances, services or facilities. Purchasers must satisfy themselves by inspection or otherwise.
Strictly by appointment Viewing of the property is entirely at the risk of the enquirer. Neither Whirledge & Nott nor the vendor accept any responsibility for any damage, injury or accident during viewing.
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