Ross House, Station Road, Tiptree, Essex CO5 0AD

Commercial - Essex 01206 216 565 Ross House, Station Road, Tiptree, Essex CO5 0AD Fully Let Investment Investment For Sale 2016 G.I.Y 8.85% Initial rent £56,300 thereafter £62,000 pa. Modern open plan and cellular office space - 4,281 sq.ft. (398 sq.m.) 4 self contained single storey workshops - 2,820 sq.ft. (262 sq.m.) 22+ parking spaces Most active agency in Suffolk and North Essex Estates Gazette (February 2014) Details Location Leases The property is situated 9 miles south west of Ground and First Floor Offices, Workshop 1 & 2 Colchester, 17 miles north east of Chelmsford and Let to OMG How Cheap Ltd on a 5 year lease some 3 miles to the east of Witham/Kelvedon where the commencing 25 February 2015. Rent Year 1 £39,950 A12 can be joined at Junctions 21, 22, 23 and 24. To per annum thereafter £43,800 per annum the west lies the town of Braintree and Stansted Airport both of which are accessed via the nearby A120. Second Floor Offices Description Let to OMG How Cheap Ltd on a 5 year lease commencing 9 March 2015. Rent Year 1 £5,400 per Benefitting from a good roadside profile, these modern annum, thereafter £7,200 per annum. offices provide predominantly open plan, high specification accommodation. The offices benefit from Workshop 3 raised floors, CAT 5 cabling, air conditioning, separate Let to Kensai Ltd. 3 year lease commencing male, female and disabled WC facilities and shared September 2015 . Rent £6,000 per annum. galley kitchen facilities. There is a passenger lift providing access to all 3 office floors. Workshop 4 The four self contained B1 workshop units are of cavity Let to Links Network Communications Ltd on a 5 year wall construction under pitched and tiled covered roofs lease expiring 22 August 2017. Rent £5,000 per with translucent panels providing excellent levels of annum. natural light. Access is via roller shutter or personnel Total Initial Rents Reserved £56,300 doors to the front elevations and the units provide Total Rent from Year 2 £62,000 accommodation for light industrial, storage space and office users alike. Each of the four units benefit from Services W.C, kitchenette facilities. Mains electricity, water and drainage are connected to The buildings sit on a good sized plot, with a tarmaced the property. surface to provide parking for 22+ motor vehicles. VAT Accommodation The property is elected to VAT which will be charged at Ground and First Floor Offices, Workshop 1 & 2 the prevailing rate. GF & FF Offices 3,576 sq.ft. GIA Title Workshop 1 705 sq,ft, GIA The property is held on a 150 year long leasehold Workshop 2 705 sq.ft. GIA interest at a fixed nominal ground rent from Colchester Borough Council. Second Floor Offices 670 sq.ft. GIA Terms Workshop 3 705 sq.ft. GIA The long leasehold interest is available for the sum of Workshop 4 705 sq.ft. GIA £700,000, delivering a gross initial yield reflecting 8.04% and a reversionary lease from year 2 of 8.85%. Workshop Units Particulars for Ross House, Station Road, Tiptree CO5 0AD Viewing Contact Strictly by prior appointment with the sole agents: Lewis Chambers T. 01206 216562 [email protected] Fenn Wright Steven Donnelly T. 01206 216558 [email protected] 1 Tollgate East, Stanway, Colchester, CO3 8RS 01206 216 565 fennwright.co.uk Office Floor Plan (GF) - Not to scale Office Floor Plan (1F) - Not to scale Office Floor Plan (2F) - Not to scale .

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97 (And Land Adjacent To) Barbrook Lane, Tiptree, Colchester, Co5 0Jh Application Ref: 182014
Our ref: APP/A1530/W/19/3223010 Richard Lomas Your ref: - Gladman Development Ltd Gladman House, Alexandria Way, Congleton, Cheshire CW12 1LB 7 April 2020 Dear Sir TOWN AND COUNTRY PLANNING ACT 1990 – SECTION 78 APPEAL MADE BY GLADMAN DEVELOPMENT LTD 97 (AND LAND ADJACENT TO) BARBROOK LANE, TIPTREE, COLCHESTER, CO5 0JH APPLICATION REF: 182014 1. I am directed by the Secretary of State to say that consideration has been given to the report of Siobhan Watson BA(Hons) MCD MRTPI, who held a public local inquiry between 3-6 September 2019 into your appeal against the decision of Colchester Borough Council to refuse your application for outline planning permission for the development of up to 200 dwellings (including 30% affordable housing), provision of 0.6ha of land safeguarded for school expansion, new car parking facility, introduction of structural planting and landscaping and sustainable drainage system (SuDS), informal public open space, children’s play area, demolition of 97 Barbrook Lane to form vehicular access from Barbrook Lane, with all matters to be reserved except for access, in accordance with application ref: 182014, dated 9 August 2018. 2. On 2 October 2019, this appeal was recovered for the Secretary of State's determination, in pursuance of section 79 of, and paragraph 3 of Schedule 6 to, the Town and Country Planning Act 1990. Inspector’s recommendation and summary of the decision 3. The Inspector recommended that the appeal be allowed and planning permission be granted subject to conditions. 4. For the reasons given below, the Secretary of State agrees with the Inspector’s conclusions, and agrees with her recommendation.
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