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The Queensberry Centre, London Road, Copford, Essex CO6 1BQ

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The Queensberry Centre, London Road, Copford, Essex CO6 1BQ Commercial - Essex 01206 85 45 45 The Queensberry Centre, London Road, Copford, Essex CO6 1BQ Attractive Freehold Commercial/Residential Investment • Rents reserved £93,540 per annum increasing to £98,540 • Showrooms, Workshops, Yard & Self Contained Residential Accommodation • 0.78 of acre (0.32 hec) / 11,750 sq ft (1,091 sq m) • Excellent profile and road frontage • Energy Performance Certificates (4) - Ratings C, D, D & F For Sale at £1,350,000 STC Details Location Description The property is situated at the junction of London The property comprises a former car showroom Road with Queensberry Avenue approximately 1 premises with ancillary good quality vehicle mile east of the A120 junction at Marks Tey. servicing and body repair workshops. In addition the property benefits from easy access In addition there are generous external yard and to Marks Tey railway station which is on the car display areas and incorporated within the mainline to London’s Liverpool Street Station. property is an attached three bedroomed residential bungalow. Planning The commercial buildings are predominantly of The property was previously a Skoda main steel frame construction with a range of pitched dealership for many years and we understand the and some flat roof areas. The showroom areas are current planning designation is sui generis car well presented and benefit from full glazed front showroom and vehicle servicing with repair elevations. premises and ancillary offices. The newer workshop areas provide good quality This is a longstanding arrangement without a repair facilities with 6 sets of roller shutter doors specific planning consent. The property is not listed facing the east elevation. or within a Conservation Area so far as we are aware. The rear yard is secured by lockable gates and provides parking for an additional 30 or so vehicles. Utilities Electricity and water supplies are provided to a single landlords account and apportioned between tenants. Accommodation sq M sq ft Unit 1 Queensberry Centre – Hadleigh Glass Ltd Ground Showroom inc. sales offices, tea station & W.C.s 122.8 1,321 Unit 2 Queensberry Centre – Vacant with rent guarantee First Offices, Kitchen / Staffroom & W.C.s 86.6 932 Unit 3 Queensberry Centre – The Smart Motor Group Ltd Ground Showroom 48.5 522 Mezzanine Office + stores & W.C. 41.7 449 Sub-total for Unit 3 90.2 971 + 14 external car sales display spaces Units 4 & 5 Queensberry Centre – The Smart Repair Centre Ltd Ground Reception / Office 28.7 309 Vehicle workshops (inc. kitchen, mess room & W.C.s) 457.1 4,920 Mezzanine Office + parts storage 75.6 813 Sub-total for Units 4 & 5 561.4 6,041 Double Garage - North-East corner of site - The Smart Repair Centre Ltd - - Attached bungalow – 150a London Road – Let on AST Ground Hall, living room/dining room, kitchen, utility, cloakroom, bathroom, 3 x 132.5 1,425 bedrooms, en-suite, parking and patio Details Plan Not To Scale - For Identification Purposes Only Tenancies The property is leased in accordance with the following schedule. Unit/ Tenant Lease Tenant Notice Lease Rent Next Tenant’s Start Break Expiry Repairing Floor Date Date £ pa Review Obligation Unit 1 Hadleigh Glass 24.6.15 24.6.21 6 mths 23.6.24 £21,000 24.6.21 I.R.T subject to Ltd Schedule + up £1,000 pa for ext repairs Unit 2 Vacant with Rent 12 mths 12 mths £12,000 - I.R.T Guarantee Unit 3 The Smart Motor 9.2.20 Mutual 6 mths 8.2.28 £12,000 I.R.T subject to Group Limited 9.2.24 rising to Schedule + up with Guarantor £15,000 to £1,000 pa for & ext repairs £17,000 Unit 4 & 5 The Smart Repair 9.2.18 Mutual 6 mths 8.2.28 £37,500 9.2.21 I.R.T subject to Centre Ltd with 9.2.24 9.2.24 Schedule + up Guarantor 9.2.27 to £1,000 pa for ext repairs Double Garage The Smart Repair 7.9.20 - - 6.9.21 £1,200 - I. R.T Centre Bungalow Mr V A Stokes & 1.10.19 n/a n/a 30.9.20 £9,840 n/a I.R.T Ms C Regan 150A (AST) Particulars for The Queensberry Centre, London Road, Copford Details 148 London Road - Detached House Terms Adjoining the site is 148 London Road which is The property is available for sale subject to the marked in green on the attached plan. The property existing tenancies for the sum of £1.35 million comprises a three bedroom detached house which will deliver a gross initial yield of almost 7%. offering 1,108 sq ft (102.9 sq m) GIA. This is The adjoining property 148 London Road is available by separate negotiation at £300,000. available by separate negotiation at £300,000. Environmental Issues Legal Deposit The property was formally a long established petrol The buyer will be required to pay a non-refundable filling station. We have correspondence confirming deposit when purchase terms are agreed. the underground tanks were cement slurry filled to the satisfaction of Essex County Council’s Viewing Petroleum Officer in 1999. Strictly by prior appointment with the sole agents: A Groundsure Siteguard Environmental Risk Fenn Wright Report has recently confirmed the site to carry an 882 The Crescent, Colchester Business Park, ‘Acceptable Environmental Risk’ for banking Colchester CO4 9YA security. Contact: VAT Lewis Chambers T: 01206 216562 E: [email protected] The property is VAT elected. Bungalow—150A London Road Bungalow—150A London Road For further information 01206 85 45 45 fennwright.co.uk Fenn Wright for themselves and for the vendors or lessors of this property whose agents they are give notice that: i. The particulars are set out as a general outline for the guidance of intending purchasers or lessees; and do not constitute, nor constitute part of, an offer or contract. ii. All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct but any intending purchasers or lessees should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them. iii. The vendor or lessor does not make or give, and neither Fenn Wright nor any person in their employment has the authority to make or give, any representation or warranty whatsoever in relation to this property. iv. All statements contained in these particulars as to this property are made without responsibility on the part of Fenn Wright or the vendor/lessor. v. All quoting terms may be subject to VAT at the prevailing rate from time to time. vi. Fenn Wright have not tested any electrical items, appliances, any plumbing or heating systems and therefore, cannot give any warranty or undertaking as regards their operation or efficiency. Fenn Wright is a Limited Liability Partnership, trading as Fenn Wright. Registered in England under no. OC431458. Registered office: 1 Tollgate East, Stanway, Colchester, Essex CO3 8RQ. A list of members is open to inspection at our offices. .
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