Light Industrial for sale

Freebournes Road, WITHAM, Essex

Offers in Region of 89,414 sq. ft. | £4,000,000

Property Description

Commercial information

  • 89,414 sq ft (8,306 sq m)

Key features

  • Single let industrial investment situated on a well established commercial location adjacent to the A12 trunk road
  • New 125 year head lease interest
  • Let to Crittall Windows Ltd on a 15 year lease from March 2007, subject to 5 yearly rent reviews
  • Gross Annual rent 450,000 per annum exclusive
  • Gross internal floor area approximately 8,306.82 sq m (89,414.61 sq ft) situated on a site area of 3.35 acres (1.36 hectares)
  • Offers in excess of 4m (Four Million Pounds) are invited subject to Contract and exclusive of VAT for the benefit of the ground leasehold interest. A sale at this level would reflect a net initial yi
  • The property is elected for VAT at the prevailing rate. It is the intention of the vendor to treat this transaction as a Transfer of a Going Concern (TOGC).

Full description

Tenure: Freehold

The subject property is situated in a prominent position at the junction of Newland Street and Freebournes Road, close to the A12 trunk road and within one of the town's main industrial areas which contains a range of national and regional occupiers.

More information from this agent

Nearest stations

  • Witham (0.6 mi)
  • Hatfield Peverel (3.0 mi)
  • White Notley (3.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Whybrow Chartered Surveyors, Colchester

2 De Grey Square De Grey Road, Colchester, CO4 5YQ

01206 916164 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Witham (0.6 mi)
  • Hatfield Peverel (3.0 mi)
  • White Notley (3.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Whybrow Chartered Surveyors, Colchester

2 De Grey Square De Grey Road, Colchester, CO4 5YQ

01206 916164 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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