£1,400,000 /Sale price

The property comprises an industrial/warehouse building which is split between two workshops and a warehouse. The warehouse is currently fitted out with racking and an extensive mezzanine which is split over the first and second floors. The mezzanine and racking could be removed to provide a clear span warehouse with a minimum eaves height of approximately 5.00m rising to 7.50m at the apex. There are two loading doors to the warehouse (4.00m wide x 5.90m high and 5.50m wide x 4.75m high). At the front of the warehouse is a two storey office section which provides reception, offices, canteen, WC and welfare facilities. The two workshops have a roller shutter access door (Workshop 1 - 4.25m wide x 4.50m high and Workshop 2 - 3.90m wide x 4.75m high) and a minimum eaves height of approximately 3.00m. The site has traded as a vehicle breakers for over 20 years and benefits from an End of Life Vehicle (ELV) license, de-pollution system, 1 x four post ramp, 3 x two post ramps, and compressor with air lines. All of this equipment can be removed if not required.LOCATION The property is situated on the established Drakes Lane industrial estate approximately 4.5 miles to the north east of Chelmsford City Centre. Drakes Lane provides direct access to Waltham Road which in turn provides easy access to Main Road (B1137) Boreham and the A131. The A12 dual carriageway can be accessed to the west via Junction 19 or to the east via Junction 20A/20B. The A12 connects to the M25 (Junction 28) to the south west and the International Ports of Harwich and Felixstowe to the north east. The new Beaulieu Park Train Station which provides frequent services to London Liverpool Street is less than 10 minutes away by car. Accessibility will be enhanced further upon completion of the Chelmsford North East Bypass which will improve connections from the subject property to Chelmsford and the A12 to the south and Braintree and the A120 to the north. (Source: ACCOMMODATION Approximate Gross Internal Floor Areas GroundWorkshop 1 - 77.28 sq. m 831 sq. ft.Workshop 2 - 158.20 sq. m 1,700 sq. ft.Warehouse - 687.00 sq. m 7,394 sq. ft.Office/Reception/WC's - 63.00 sq. m 678 sq. ft.FirstMezzanine - 372.69 sq. m 4,011 sq. ft.Offices/WC's - 63.00 sq. m 678 sq. ft. Second FloorMezzanine - 236.25 sq. m 2,542 sq. ft.Total: 1,657.42 sq. m 17,834 sq. ft.SERVICESWe understand the property is connected to mains water 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 We have been advised the property falls within Band E (101) of the energy performance assessment scale. A full copy of the EPC assessment and recommendation report is available upon request.BUSINESS RATES We are advised that the premises have a rateable value of £62,000. Therefore estimated annual rates payable of approximately £33,852 (2025/26). We advise interested parties to speak to the local authority for further information.TITLE The property is held freehold under Title EX600947.TERMSThe property is offered for sale freehold with vacant possession.GUIDE PRICE£1,400,000. (One Million Four Hundred Thousand Pounds)VATWe understand VAT will not be applicable to the purchase price.LEGAL COSTSEach 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 identity prior to the instruction of solicitors. VIEWINGS STRICTLY BY APPOINTMENT VIA SOLE SELLING AGENTS:Fenn Wright20 Duke SteetChelmsfordEssexCM1 1HLContact: James Wright