£1,250,000 /Sale price

Essex CO6

Overview

SUMMARY: Discover an opportunity with this Essex house for sale and available for £1,250,000 /Sale price. This could be your next ideal home or a smart investment. More details await.
The premises comprise two detached mixed use buildings together with on-site surfaced parking for around 32 vehicles.Unit 1 The Mill Store: The building comprises office space over ground and first floor level within a former foundry believed to date from around the 1850's, and is of part wrought iron and timber framed construction, and part loading bearing brickwork with elements rendered and painted externally with the principal elevations, including large timber sash windows, under a pitched roof with slate covering. The unit benefits from office space, with kitchenette and WC facilities.Units 2 & 3 The Mill Store: A detached two storey building comprising office, storage & manufacturing space. Built in circa 2004, the building is of brick faced block inner leaf outer wall construction to around 3.2m eaves height beneath a slate covered Mansard roof. The office accommodation can be found at first floor level, together with kitchenette and WC facilities. There is also a workshop attached beneath a shallow pitched felt covered flat roof.Accommodation(Approximate gross internal measurements) Unit 1 Approx. 3,883 sq ft (360.7 sq m)Unit 2 Approx. 1,158 sq ft (107.6 sq m)Unit 3 Approx. 7,496 sq ft ( 696.4 sq m)Total Approx. 12,537 sq ft (1,164.7 sq m)TermsThe premises are to be sold freehold, with vacant possession, at a guide price of £1,250,000 plus VAT.VATWe are advised that VAT is applicable.Business RatesWe have been informed that the rateable value of the premises are currently assessed independently, with a combined rateable value of £76,775. We therefore estimate that the rates payable are likely to be in the region of £39,300 per annum.Interested parties are advised to make their own enquiries with the local rating authority to confirm their liabilities. Energy Performance Certificate (EPC)We have been advised that the premises have been assessed as follows; Unit 1 - E (118) Unit 2 - C (52) Unit 3 - D (88)A full copy of the EPC assessments and recommendation reports are available from our office upon request.PlanningWe are advised that the long standing, existing, use is for offices, storage and light production. The property is not listed but is located within the Earls Colne Conservation area. Interested parties are advised to make their own enquiries with Braintree District Council.Legal CostsEach party will bear their own legal costs.Anti-Money Laundering Regulations Anti-Money Laundering Regulations require Fenn Wright to formally verify prospective purchaser's identify, residence and source of funds prior to instructing solicitors. Viewings Strictly By Appointment Via Sole Selling Agents:Fenn Wright
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Details

  • Price: £1,250,000 /Sale price
  • Reference No.: 88327479

Amenities

  • Home
    • Office / Warehousing And Workshop Premises
    • Accommodation Across Two Buildings
    • Total Site Area Approx. 0.58 Of An Acre
    • Flexible & Generous Parking Provision
    • Investment Income Potential
    • Of Interest To Owner Occupiers
    • Investors
    • And Developers (STP)

Location

Marketed by:

  • Fenn Wright, Colchester Business Park Commercial Sales Lettings
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This House for sale is located at Essex CO6. The home has . This House in Essex is for sale for £1,250,000 /Sale price.

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