Units 27-28 Stansted Distribution Centre, Bishop's Stortford, CM22 7DG

Description
The property comprises an end of terrace industrial/warehouse unit, incorporating a two storey office and amenity block to the front elevation.

Warehouse
• 6.04m eaves rising to 7.95m at the apex
• Two full height roller shutter loading doors
• Translucent roof panels and LED motion-sensor lighting
• Solid floor
• CCTV and fire alarm system

Two Storey Offices
• Ground and first floor offices with fitted kitchen, WCs and shower
• Air conditioning and electric wall-mounted radiators
• Painted plaster walls and ceilings with perimeter trunking

External
• 16 car parking spaces and forecourt loading area

Location
Stansted Distribution Centre is a well-established warehouse location adjacent to London Stansted Airport. The estate benefits from excellent road communications, lying close to Junction 8 of the M11 motorway, providing access to London, Cambridge, the M25 and the wider national motorway network.

Bishop's Stortford town centre is approximately 4 miles to the south-west, whilst Stansted Airport and a range of local amenities are within easy reach. Rail services are available from Bishop's Stortford station, offering regular connections to London Liverpool Street, Cambridge and Stansted Airport.

Terms
The property is held by way of a lease dated 13 January 2023, expiring on 12 January 2028. There is approximately 1 year and 5 months unexpired (from August 2026). The rent passing equates to £96,150 per annum exclusive of VAT. Available by way of an assignment of the leasehold outlined above or by way of a sub-lease of whole on terms to be agreed.

Legal Costs
Each party to be responsible for their own legal costs incurred in this transaction.

VAT
Unless otherwise stated terms are strictly exclusive of Value Added Tax and interested parties must satisfy themselves as to the incidence of this tax in the subject case.

Service Charge
An annual service charge of £3,040 is payable.

AML
In accordance with Anti-Money Laundering requirements, two forms of identification will be required from the purchaser or tenant and any beneficial owner together with evidence/proof identifying the source of funds being relied upon to complete the transaction.