10 Riverside Business Park, Stoney Common Road, Stansted, CM24 8PL OFFICE FOR SALE 1,300 sq ft 120.77 sq m

n Attractive office development n Mainly open plan office space over ground and first floors n Rare virtual freehold opportunity n Four allocated parking spaces

www.cokegearing.co.uk 10 Riverside Business Park, Stoney Common Road, Stansted, Essex CM24 8PL

Location Accommodation The property is located in a small, attractive business The total gross floor area is park comprising renovated mill buildings completed 1,300 sq ft 120.77 sq m approximately 25 years ago on the outskirts of Stansted Mountfitchet, an attractive and popular Essex village. Access to the business park is via Measured on IPMS 3 basis: Stoney Common Road and a single lane bridge off Ground floor 518 sq ft 48.12 sq m the B1383 which connects Bishop’s Stortford with First floor 518 sq ft 48.12 sq m Newport and to the north. TOTAL 1,036 sq ft 96.24 sq m

Riverside Business Park is well situated on the south side of Stansted and gives easy access to Bishop’s Tenure Stortford, which is approximately 3 miles away, and The property is a long leasehold, benefitting from an the M11 junction (8) is approximately 5 miles with 800-year lease from 29 September 1988. access to Stansted Airport. There are good parking facilities within the scheme. There is a mainline Price railway service operating from either Stansted Mountfitchet (which is within walking distance of £197,000 + VAT the business park) or Bishop’s Stortford with regular services to Liverpool Street and Cambridge. EPC - D 89

Description Service Charge The premises comprise ground and first floor offices Occupiers are responsible for contributing towards which were renovated from former Victorian shared costs; last year’s service charge proportion industrial buildings. These were renovated in the was £905.50 + VAT. late 1980s to provide 13 individual office units. The site is occupied by office buildings with pitched Business Rates roofs in a generally domestic style. There are Rateable Value of £10,192. communal car parking spaces to the entrance to the business park and the subject premises is entitled to Based on a UBR of 50.3p rates payable will be £5,126 four allocated spaces. per annum, but please note that this is under the £12,000 threshold and an occupier may be entitled The accommodation is laid out to ground and first to 100% small business rate relief. floors. On the ground floor one walks into a reception area with WC in front and office space to the right hand side, and a staircase immediately in front which opens out into mainly open office space. Viewings The unit would benefit from refurbishment but For further information please contact: leaves a flexible floor plate for individual personal preferences. George Warburton Office: 01279 758758 Mobile: 07957 483057 Email: [email protected]

Disclaimer: Coke Gearing Consulting for themselves and for the vendors or lessors of this property for whom they act, give notice that: 1) these particulars are a general outline only, for the guidance of prospective purchasers or tenants, and do not constitute the whole or any part of an offer or contract. 2) Coke Gearing Consulting cannot guarantee the accuracy of any description, dimensions, references to condition, necessary permissions for use and occupation and other details contained herein and prospective purchasers or tenants must not rely on them as statements of fact or representation and must satisfy themselves as to their accuracy. 3) Rents quoted in these particulars maybe subject to VAT addition. 4) Coke Gearing Consulting will not be liable in negligence or otherwise for any loss arising from the use of these particulars and 5) the reference to any plant, machinery, equipment, services, fixtures or fittings at the property shall not constitute a representation (unless otherwise stated) as to its state or condition or that it is capable of fulfilling its intended function. Prospective purchasers/ tenants should satisfy themselves as to the fitness of such items for their requirements. 6) No employee of Coke Gearing Consulting has any authority to make or give any representation of warranty or enter into any contract whatever in relation to the property. June 2020