Commercial ‐ Essex 01245 261 226
Unit 4, Zone A, Chelmsford Road Industrial Estate, Great Dunmow, CM6 1HD
For Sale Part Let Investment Opportunity on Popular Industrial Estate
665.90 Sq. M (7,165 Sq. Ft.)
Available as Whole Offers in Excess of £660,000 (No VAT) or in Part Immediately Available Site Area 0.42 Acre Secure Yard/Parking Area Convenient Access to the A120 Currently Genera ng £18,425 per annum (2018 Rent Review Outstanding) Details
Loca on Accommoda on Great Dunmow is a market town with a popula on in The property has been measured on a gross internal the order of 8,500 situated approximately 9 miles east area basis in accordance with the RICS Code of of Bishops Stor ord, 9 miles west of Braintree and 7 Measuring Prac ce and the approximate floor areas miles east of Stansted Airport and the M11 motorway. are as follows:
The Chelmsford Road Industrial Estate is situated Vacant Unit Sq. M. Sq. Ft. approximately 1 mile south of Great Dunmow town Ground Industrial/Storage 190.50 2,050 centre and is conveniently posi oned for access to the First Offices & storage 175.10 1,884 A120. The A120/M11 provide good road links to Total 365.6 0 3,934 Cambridge and the M25 London Orbital motorway.
Gym Descrip on Ground Gym 185.6 0 1,997 Changing Rooms 59.00 635 The site comprises two industrial units, one is vacant First Offices 55.70 599 and one is let to a gym following a successful change of Total 300.30 3,231 use to D2 in 2015.
The vacant property on the le is of steel frame Business Rates construc on with a full mezzanine floor providing According to the Valua on Office Agency website the industrial/storage space at ground floor level with business rates are as follows: offices and storage at first floor level. Vacant Premises The property on the right which has been let to a gym Rateable Value £15,000 comprises an open plan area to the rear and a two Rates Payable (19/20) £7,350 per annum approx. storey sec on to the front eleva on. The two storey sec on provides a recep on and changing facili es on Gym Premises the ground floor and offices on the first floor. Rateable Value £18,250 Rates Payable (19/20) £8,940 per annum approx. Externally there is a part tarmac, part concrete and part gravel top yard with parking for a number of Lease Terms vehicles. The gym is let on a 5 year lease to two private Please refer to the floor plans and site plan for further individuals who are trading as Unique Health and informa on. Fitness Great Dunmow. The lease is subject to a personal guarantee from a third party. Services The lease was granted on the 15th December 2015 for We understand the property is connected to mains a term of 5 years. There was a break op on on the water, drainage and electricity. We have not tested 18th December 2018 which the tenant did not exercise any of the services and all interested par es should and there is an outstanding rent review from rely upon their own enquiries with the relevant u lity December 2018 which has not been implemented. company in connec on with the availability and capacity of all of those serving the property including The lease is outside sec ons 24 ‐ 28 of the Landlord IT and telecommunica on links. and Tenant Act 1954. The current passing rent is £18,825 per annum.
Further details are available upon request.
Par culars for Unit 4, Zone A, Chelmsford Road Industrial Estate, Great Dunmow, CM6 1HD Guide Price Legal Costs Offers for the en re site are invited in excess of Each party to bear their own legal costs incurred in this £660,000. transac on. Our client will give considera on to selling the site in two lots. We are quo ng offers in excess of £375,000 Viewing for the vacant property (marked blue) and offers in Strictly by prior appointment with the sole agent: excess of £285,000 for the property which is subject to Fenn Wright an exis ng lease to the gym (marked green). 20 Duke Street, Chelmsford, CM1 1HL
01245 261226 VAT fennwright.co.uk We understand VAT will not be payable on the James Wright ‐ [email protected] purchase price. John Logan ‐ [email protected]
Energy Ra ng Band D ‐ 84
The floor plans provided are for indica ve purposes only. We have had limited access to the property and we cannot guarantee the plans are completely accurate.
Par culars for Unit 4, Zone A, Chelmsford Road Industrial Estate, Great Dunmow, CM6 1HD
For further informa on 01245 261 226 fennwright.co.uk
Fenn Wright for themselves and for the vendors or lessors of this property whose agents they are give no ce that:
i. The par culars are set out as a general outline for the guidance of intending purchasers or lessees; and do not cons tute, nor cons tute part of, an offer or contract.
ii. All descrip ons, dimensions, references to condi on and necessary permissions for use and occupa on, 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 representa ons of fact but must sa sfy themselves by inspec on 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 representa on or warranty whatsoever in rela on to this property.
iv. All statements contained in these par culars as to this property are made without responsibility on the part of Fenn Wright or the vendor/lessor.
v. All quo ng terms may be subject to VAT at the prevailing rate from me to me.
vi. Fenn Wright have not tested any electrical items, appliances, any plumbing or hea ng systems and therefore, cannot give any warranty or undertaking as regards their opera on or efficiency.
Par culars for Unit 4, Zone A, Chelmsford Road Industrial Estate, Great Dunmow, CM6 1HD