Kestral Park, Finch Drive, Springwood Industrial Estate, Braintree, Essex, CM7

The property is available To Let by way of an assignment of the existing lease. Basic terms of the lease. Lease to be provided, interested parties should satisfy themselves on the details of the lease.

DESCRIPTION
The property comprises of an end of terrace industrial unit of modern construction with parking and yard to the front. Internally there are ground and first floor office space, together with warehouse/store has been converted to house a cold store, which will remain subject to agreeing terms on the equipment direct with the lease holder.

LOCATION
The property is located off Finch Drive on the established Springwood Industrial Estate. Its location puts it on one of Braintree’s primary commercial estates placing it close to the A120 and A131 and only 17 miles from Stansted Airport.

ACCOMMODATION
Total area: 366.30 M Sq (3942 sq ft) GIA.

Cold Store inside the unit. The Cold store is available to purchase by separate negotiation direct with the leaseholder. Further details on request. Plans can be provided. Approx area on site. Interested parties should confirm area themselves.

Total area: 200.59 M Sq (2159.15 Sq Ft) GIA.

TERMS
The property is available To Let by way of an assignment of the existing lease. Basic terms of the lease. Lease to be provided, interested parties should satisfy themselves on the details of the lease.

1. Start date. 5 Feb 2024.
2. Passing Rent £49100.
3. End date 5th Feb 2029.
4. Outside the landlord and tenant act.
5. Rent commencement date. 5th Nov 2024.
6. Rent paid Quarterly in advance.
7. VAT chargeable.
8. Parking.

SERVICES
We understand the property is connected to mains water, drainage. Interested parties should rely upon their own enquiries with the relevant utility company in connection with the availability and capacity of all those serving the property including IT and telecommunication links. Please note Joscelyne chase has not tested any of these services.

RATEABLE VALUE
Applicants are welcome to make enquiries with Braintree District Council regarding the business rates.

LEGAL FEES
Each party is responsible for their own legal costs.

ENERGY PERFORMANCE CERTIFICATE (EPC).
Available upon request

ANTI-MONEY LAUNDERING REGULATIONS
Joscelyne Chase is required to formally verify prospective purchaser’s identity, residence, and source of funds prior to instructing solicitors in order to comply with anti-money laundering regulations.

VIEWING
Strictly by appointment with JOSCELYNE CHASE, please contact the Commercial Department