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Light Industrial for sale

3 Brunel Road, Gorse Lane Industrial Estate,Gorse Lane Industrial Estate,Clacton-On-Sea,CO15 4LU

Sold STC £690,000
12,110 sq. ft.

Property Description

Commercial information

  • 12,110 sq ft (1,125 sq m)
  • Use class orders: B1 Business and B8 Storage and Distribution

Key features

  • Air Conditioned Offices
  • Two Loading Doors
  • Gated Side Loading Area
  • Mezzanine Floor
  • Established Location
  • On Site Car Parking

Full description

LOCATION
The premises are prominently situated on the popular Gorse Lane Industrial Estate which is located approximately three miles to the north of Clacton Town Centre. Easy access is available to the Town centre, and to the major motorway networks via the Clacton bypass linking into the A120 (Harwich and Stansted Airport) and the A12 linking to the South and the A14 (Felixstowe and the Midlands).

DESCRIPTION
The unit is of steel portal frame construction, clad with silver composite panels, under a pitched and insulated roof incorporating translucent roof lights. Internally the building features; pitch height of approx. 6.3m and eaves height 4.4m, three phase power supply, gas heater (not tested), florescent lighting, a mezzanine floor and two side loading doors of approx. 4m x 4m.

At the front of the unit there is a large reception area, ground and first floor offices (Air conditioned in part), and tea point, shower and W/C facilities.

Externally there is car parking to the front with a gated loading area to the side of the premises with access to a covered loading bay and separate store.

ACCOMMODATION
(figures provided are approx. gross internal measurements)

Ground Floor Approx. 10,580 sq ft (983.0 m2)
First Floor Approx. 1,530 sq ft (142.1 m2)
Mezzanine Approx. 5,125 sq ft (476.0 m2)
Store Approx. 765 sq ft (71.1 m2)
Loading Bay Approx. 950 sq ft (88.3 m2)
Total Approx. 18,950 sq ft (1,760.5 m2)

Note: the mezzanine floor can be included or removed if required.

TERMS
The premises are available either; to let on a new flexible lease, length and terms to be agreed, at a rent of £59,500 per annum, or for sale freehold at £690,000 - excluding the mezzanine.

If the mezzanine is to remain in situ the rent is £67,500 per annum and the freehold sale price is £740,000.

We understand that VAT is applicable on the rent / purchase price.

BUILDINGS INSURANCE
This is paid by the landlord and recovered from the tenant. Approx. cost 2015/16 £tbc. Tenants are to be responsible for their own contents and liability insurances.

BUSINESS RATES
We have been advised that the rateable value for these premises is £28,750. The rates payable are likely to be in the region of £14,300 per annum. Interested parties are advised to make their own enquiries with the local rating authority to confirm their liabilities in this direction.

ENERGY PERFORMANCE CERTIFICATE (EPC)
We have been advised that the premises falls within class (TBC) of the energy performance assessment scale. A full copy of the EPC assessment and recommendation report is available from our office upon request.

VAT
All rents and prices are exclusive of VAT under the Finance Act 1989. Interested parties are advised to consult their professional advisors as to their liabilities, if any, in this direction.

VIEWING
Strictly by appointment via sole agents:
Newman Commercial
Tel: 01206 85 45 45


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