Xchanging House, Endeavour Drive, Basildon, Essex, SS14

The property comprises detached modern three-storey office premises, available on a wing by wing basis, per floor, or as a whole. It is due to be fully refurbished to Grade A standard. The building benefits from lift access to all floors and is mainly open plan plus meeting rooms and kitchens. Externally, an excellent parking ratio of 1:120 sq. ft. (dedicated car parking for 284 vehicles providing ample parking).

Location

Basildon is situated in the Thames Gateway approximately 30 miles to the east of central London accessed via the A127 and A13 trunk roads which provide good communications throughout the south east Essex area and direct links to the M25 motorway which is approximately 10 miles away. Basildon main line railway station provides services to London Fenchurch Street.

Service Charge Comments

A service charge is applicable. Further details on application.

VAT

All rents, prices and premiums are exclusive of VAT under the Finance Act 1989.

Rating

From enquiries made of the Valuation of Agency, we believe the current rateable value as a whole to be £495,000 for 2024/25. Based upon the Uniform Business Rate we believe the rates payable amount will be £270,270. If let on a floor by floor basis, rates will need to be re-assessed.

Legal Costs

Each party to bear their own legal costs incurred in this transaction.

EPC

The property has an EPC rating of C.

Tenure Comments

Available on a floor by floor basis, wing by wing or as a whole by way of a new FRI lease for a term to be agreed, subject to periodic rent reviews.