Office for saleGriggs Business Park, Coggeshall
Withdrawn from Market
1,962 sq. ft.
- 1,962 sq ft (182 sq m)
The Griggs Business Centre is located on West Street close to the junction with the A120 and within one mile from the centre of Coggeshall.
Coggeshall provides a range of facilities including retail units and a range of restaurants and public houses.
This self contained office building has an entrance lobby with two sets of double doors leading into an open plan office area. At one end of the office there is a well proportioned board room and at the other end modern toilets and a small kitchen area.
The offices have an oil fired central heating system, the boiler being located in the adjacent store room.
Ground floor entrance 125 sqft (11.61sqm)
Ground floor 1658 sqft (154.03 sqm)
Store room 179 sqft (16.63 sqm)
Total 1962 sqft (182.27sqm)
The property has an Energy Rating F. Please contact our office if you would like a copy of the full report.
The property has mains electricity, water and drainage. Please note Joscelyne chase has not tested any of these services.
The freehold interested is available for sale. There is a service charge payable for the cleaning and maintenance of the communal areas. This cost is recoverable from the tenants.
GFG Europe Ltd have taken a lease on the property for a 10 year term from 1st April 2016, which expires in April 2026. Rent payable is £22,500 per annum, with a rent review at the end of every 3 years. There is a tenant only right to break at the end of the fifth year, subject to 6 months prior written notice. The lease is outside the security of tenure provisions of the Landlord and Tenant Act. A rent deposit is being held by the landlord for the duration of the lease. Repairing covenants are restricted to a schedule of condition.
The property has a rateable value of £18,000. Applicants are recommended to confirm the above information direct with Braintree District Council tel. no. (01376 552525). The current tenants are responsible for paying the business rates.
Each party to pay their own legal fees.
Strictly by appointment with JOSCELYNE CHASE, please contact the Commercial Department (01376) 554 518 / (01376) 554501.
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