Units 8-10 Sixth Avenue Business Park, Sixth Avenue, Bluebridge Industrial Estate, Halstead, Essex, CO9

Sixth Avenue Business Park comprises a development of 13 new light industrial units now completed. Units are of steel portal frame construction, clad to elevations with mono-pitch roofs. The units have been finished to a high standard to include 3-phase power, minimum 6m eaves height, minimum floor loading capacity of 37.5 kNm, electric shutter doors and WC. Units 8, 9 & 10 are all single storey. We are advised that the Tenant has installed a 1,000 sq. ft. mezzanine.

Location

Bluebridge Industrial Estate is situated to the east of Halstead town centre, off Colchester Road. Sixth Avenue is located on the north edge of the estate. Halstead lies approximately 14 miles, seven miles and eight miles from the towns of Colchester, Braintree and Sudbury respectively.

Service Charge Comments

PLANNING
Planning permission (Ref: 20/01474 FUL) was granted in August 2021 for the "Erection of (13 no.) Use Classes E(g) and B8 Commercial Units.

Tenure

The three units are let to SNRG Limited (Reg. Co: 11632286) upon a single five-year full repairing & insuring lease from 28.09.23 at a passing rent of £63,372 per annum exclusive, payable quarterly in advance.

VAT

All rents, prices and premiums are exclusive of VAT under the Finance Act 1989. We are advised that VAT will be applicable.

Legal Costs

Each party to bear their own legal costs incurred.

EPC

Unit 8 has an EPC Rating A - 24.
Unit 9 has an EPC Rating A - 24.
Unit 10 has an EPC rating A - 24.

Tenure Comments

The property is available upon freehold terms, subject to the existing tenancy. The three units are let to SNRG Limited (Reg. Co: 11632286) upon a single five-year full repairing & insuring lease from 28.09.23 at a passing rent of £63,372 per annum exclusive, payable quarterly in advance.