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AGENT'S DETAILS


Olivers Farm Industrial Estate, Maldon Road, Witham, CM8 3HY

For sale: £1,750,000.00|2.44 Acres|Land, Commercial Land

PROPERTY DETAILS

FOR SALE£1,750,000.00
SIZE2.44 Acres
ADDRESSOlivers Farm Industrial Estate, Maldon Road, Witham, CM8 3HY
TYPELand, Commercial Land
TENUREFor Sale Freehold
POSTED ON23rd April 2020

DESCRIPTION

The site comprises a mixture of workshops, offices, trade counter and an extensive concrete surfaced yard. The yard contains a concrete bunded area which is housed under a lean-to at the rear of the property. Please refer to the floor plan for further information.

LOCATION
The property is situated on Oliver's Farm Industrial Estate approximately 1.5 miles to the south of Witham town centre. The A12 (Junction 21) can be found less than 2 miles distant. The A12 provides road links to the M25 (Junction 28) to the south west and the International Ports of Harwich and Felixstowe to the north east.

ACCOMMODATION
Reception, Offices, WC -164.46 Sq. m(1,770 Sq. ft.)
Trade Counter/Store - 77.52 Sq. m (834 Sq. ft.)
Timber Store - 253.75 Sq. m (2,731 Sq. ft.)
Mezzanine- 48.51 Sq. m (522 Sq. ft.)
Workshop - 210.33 Sq. m (2,264 Sq. ft.)
Lean To - 150.00 Sq. m (1,614 Sq. ft.)
Total - 904.57 Sq. m (9,735 Sq. ft.)

SITE AREA
We have measured the site by digital mapping and understand the entire site measures approximately 2.44 acres. The concrete surfaced yard area including the buildings sits on an area of approximately 1.4 acres. The remaining land is overgrown grassland which could potentially be used for alternative uses subject to obtaining the necessary planning consents. Solicitors to verify exact boundaries.

BUSINESS RATES
Rateable Value -£43,750
Rates Payable (2019/2020)- £21,438 pa approx.

We understand from our client the business rates have been reduced to £10,915.62 as there are retail elements on the site which benefit from Business Rate Relief. Interested parties should contact the Local Authority for further clarification.

TITLE
Freehold interest in Title Number EX566964.

GUIDE PRICE
Offers in excess of £1.75 Million.

VAT
We understand VAT will payable on the purchase price.

ENERGY PERFORMANCE CERTIFICATE
An energy performance certificate has been commissioned.

SERVICES
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. We have been informed by our client the site does not have a gas supply.

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

PARTICULARS
Prepared April 2020.

VIEWING
Strictly by prior appointment with the sole agent:
Fenn Wright
20 Duke Street, Chelmsford, CM1 1HL
01376 530135
fennwright.co.uk
Contact James Wright
jw@fennwright.co.uk
( Agency Pilot Software Ref: 14869259 )

LOCATION

Location: Olivers Farm Industrial Estate, Maldon Road, Witham, CM8 3HY

Witham (1.6 miles)

Hatfield Peverel (2.0 miles)

White Notley (4.2 miles)

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