Fenn Wright - Chelmsford - Ref: 14870534LH

Property Information

Ref ID: 14870534LH

Date available: Ask agent

Property type: ( Indus ) - B8 Warehouse/Distr

 

Details

The property comprises a detached industrial/warehouse with office accommodation at the front elevation over the ground and first floor. The warehouse has a minimum eaves height of 6.50m and benefits from three phase power. There is a loading door to the front elevation which leads out to a generous forecourt and parking area. The parking area could be secured to provide a yard.

LOCATION
Circuit House is located on the established Quayside Industrial Estate to the north east of Maldon Town Centre. Several trade and retail parks are nearby with a variety of international, national and local businesses. The A12 trunk road can be accessed at Hatfield Peverel via the B1019 or at Chelmsford via the A414. The A12 provides links to Chelmsford and the M25 to the south west and Colchester and the ports of Harwich and Felixstowe to the north east.

ACCOMMODATION
[Approximate Gross Internal Floor Areas]
Ground Floor
Warehouse - 12,693 sq ft [1,179.20 sq m]
Offices - 2,913 sq ft [270.62 sq m]
First Floor
Offices - 2,913 sq ft [270.62 sq m]
Total - 18,519 sq ft [1,720.44 sq m]

SERVICES
We understand the property is connected to mains water, drainage and three phase electricity. We have not tested any of the services and all interested parties should rely upon their own enquiries with the relevant utility company in connection with the availability and capacity of all of those serving the property including IT and telecommunication links.

ENERGY PERFORMANCE CERTIFICATE [EPC]
An Energy Performance Certificate will be commissioned following completion of the refurbishment works.

BUSINESS RATES
We are advised that the premises have a rateable value of £115,000. Therefore estimated annual rates payable of approximately £62,790 (2024/25). Interested parties are advised to make their own enquiries.

PLANNING
We understand the property has a longstanding B8 Use. We advise all interested parties to contact the Local Authority for further information.

TIMING
The property has been occupied by the same tenant for the last 20+ years and is to be available following refurbishment. We expect the works to be completed Q2 2025.

LOCAL AUTHORITY
Maldon District Council
T.

TERMS
The property is available on a new Full Repairing and Insuring Lease for a Term of years to be agreed.

QUOTING RENT
£180,000 Per Annum Exclusive.

VAT
We understand VAT is applicable.

LEGAL COSTS
Each party to bear their own legal costs incurred in this transaction.

ANTI-MONEY LAUNDERING REGULATIONS
Anti-Money Laundering Regulations require Fenn Wright to formally verify a prospective tenant‘s identify prior to the instruction of solicitors.

VIEWINGS STRICTLY BY APPOINTMENT VIA SOLE LETTING AGENTS:

Fenn Wright
20 Duke Street
Chelmsford
Essex
CM1 1HL

James Wright
E:

fennwright.co.uk