FOR SALE Income Producing Industrial / Warehouse with TEMPLANT HIRE LIMITED PREMISES Offices & Yard Within Self Contained Site Highwood Road, , , CM1 3PT 2 24,423 sq. ft. (2,268.9 m ) on 5.29 acre site

• Investment opportunity • Freehold • 10 year FR&I lease from 2nd February 2019 • Outskirts of Chelmsford • Average Annual Rental £159,500 • Close to A12 / A414

Kemsley LLP Head Office, 113 New Road, Essex, CM2 0QT LOCATION The yard area totals approximately 2 acres, the The property is located on Highwood Road/The bulk of which is taken in concrete, with some areas Causeway, close to its junction with Greenbury of hardstanding. The remainder of the site area is Way/A414, within a predominantly rural area. Green Belt. The site is fenced to the perimeter.

Via the A414 road, access is provided to We are advised that there is 3-phase power, mains Chelmsford and Writtle, to the immediate north water and a septic tank. east; and, via Three Mile Hill/A414, to the A12 J15, approx. three miles to the south east. ACCOMMODATION Warehouse 22,648 sq. ft. (2,104 m2) The M25 (J28), and London are to the west and Colchester and the east coast ports are to the Detached office 1,775 sq. ft. (164.9 m2) east. Chelmsford's mainline railway station is approx. four miles to the east of the property. Total 24,423 sq. ft. (2,268.9 m2)

DESCRIPTION Total Site Area 5.29 acres (2.14 ha) The property comprises a self-contained warehouse building, that we understand was The above areas are approximate and have been constructed in the mid-1980's, adjacent two storey measured on a gross internal basis / taken from office building, yard/hardstanding and parcel of Promap. Green Belt land. There are two access points to the property from Highwood Road. TENURE The property is offered for sale upon a freehold basis subject to the existing 10-year full repairing The warehouse comprises a steel portal frame unit with cladding to elevations, providing clear and insuring lease to Templant Hire Limited from 02 February 2019 upon a stepped rental: warehouse/workshop area with a maximum clear height of 19ft (5.8m) and is served by four shutter doors. Year 1: £135,000

Year 2: £145,000 Internally there are ground floor offices, Year 3: £160,000

canteen/staff area and WC's plus additional Years 4-10: £165,000 offices/stores at first floor and stores at second floor. CreditSafe have rated Templant Hire Limited: Reg. #03454838 as STRONG. Further details upon The office comprises a two storey building application. providing open plan and private office areas together with kitchen, W/C's and external car parking.

Kemsley LLP for themselves and for vendors or lessees of this property whose agents they are give notice that: (i) the particulars are produced in good faith, are set out as a general guide only and do not constitute any part of the contract (ii) no person in the employment of Kemsley LLP has any authority to make or give representation or warranty whatever in relation to this property. Kemsley LLP is a limited liability partnership registered in with registered number OC326192. All references to ‘Kemsley’ or ‘the firm’ should read as referring to Kemsley LLP.

Kemsley LLP Head Office, 113 New London Road, Essex, CM2 0QT

EPC CONSUMER PROTECTION REGULATIONS The warehouse has an EPC rating of C-74 It is recommended that applicants seek The Office has an EPC rating of D-93 independent professional advice in relation to the acquisition of this property. GUIDE PRICE Further information is available from the £2,500,000 exclusivefor the freehold interest Useful Links page on our website. subject to the existing tenancy to Templant Hire Limited. CONTACT Strictly by appointment via joint sole VAT agents: All rents, prices and premiums are exclusive of VAT under the Finance Act Tim Collins 1989. Kemsley LLP Tel: 01245 342042 / 07720 806194 BUSINESS RATES Email: [email protected] Interested parties are advised to make their own enquiries of Chelmsford City And Council for verification of the rates payable. Daniel Robson SBH FEES Tel: 01708 201000 / 07901 688983 Each party to bear their own legal and Email: [email protected] professional fees.

AC2392/4.19/TAC

Kemsley LLP for themselves and for vendors or lessees of this property whose agents they are give notice that: (i) the particulars are produced in good faith, are set out as a general guide only and do not constitute any part of the contract (ii) no person in the employment of Kemsley LLP has any authority to make or give representation or warranty whatever in relation to this property. Kemsley LLP is a limited liability partnership registered in England with registered number OC326192. All references to ‘Kemsley’ or ‘the firm’ should read as referring to Kemsley LLP.

Kemsley LLP Head Office, 113 New London Road, Essex, CM2 0QT

Kemsley LLP for themselves and for vendors or lessees of this property whose agents they are give notice that: (i) the particulars are produced in good faith, are set out as a general guide only and do not constitute any part of the contract (ii) no person in the employment of Kemsley LLP has any authority to make or give representation or warranty whatever in relation to this property. Kemsley LLP is a limited liability partnership registered in England with registered number OC326192. All references to ‘Kemsley’ or ‘the firm’ should read as referring to Kemsley LLP.

Kemsley LLP Head Office, 113 New London Road, Essex, CM2 0QT