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Agent's details

Premier House, Threshelfords Business Park, Inworth Road, Feering, Essex, CO5

For sale: £1,025,000.00|To rent: £82,500.00 Per Annum|5,283 Sq Ft|Office, Offices

Property details

FOR SALE£1,025,000.00
TO RENT£82,500.00 Per Annum
SIZE5,283 Sq Ft
ADDRESSPremier House, Threshelfords Business Park, Inworth Road, Feering, Essex, CO5
TYPEOffice, Offices
TENURETo Let, For Sale Freehold
POSTED ON18th October 2021

Description

Location
An attractive detached office building prominently located by the entrance of the popular Threshelfords Business Park on the outskirts of Feering, with easy access to the A12 trunk road and approximately 1.5 miles from Kelvedon Railway Station (London Liverpool Street approximately 40 minutes). Chelmsford is approximately 10 miles to the South West and Colchester 10 miles to the North East.

Description
Constructed in c.2008 the building is of modern cavity blockwork construction with part timber cladding externally, under a pitched and tiled roof, arranged over ground and first floors. There is a reception area with W/C facilities, passenger lift to the first floor and access to the ground floor offices, store room and stairs to the first floor.

The offices are carpeted and benefit from a suspended ceilings with LED lighting, recessed heating / cooling units and high quality glazed partitioning providing three offices / meeting rooms on the ground floor and four on the first floor. There is a 100mb fibre internet leased line.

Externally the office is situated within landscaped grounds with a duck pond and seating area along with marked car parking bays for 21 cars.

Accommodation
(Approximate net internal measurements taken from architects scaled drawings)

Ground Approx. 2,649 sq ft (246.1 m)
First Approx.2,634 sq ft(244.7 m)
TotalApprox.5,283 sq ft(490.8 m)

Note: Part of the ground floor offices are currently let to a sub tenant. Further details of the rent and lease terms are available upon request.

Terms
The premises are available to let on a new full repairing and insuring lease at a rent of £85,000 per annum, plus VAT.

Alternatively the premises are For Sale on a 999 year ground lease from 30th November 2007, at a peppercorn rent, at a price of £1,075,000 plus VAT.

Title Information: EX806736 and EX388339.

Service Charge
A service charge is applicable to cover the cost of; maintenance, lighting and landscaping of the external communal areas.

Approx. cost for the current year is £2,612.00.

Business Rates
We have been informed that the rateable value is £72,000.

We estimate that the rates payable are likely to be in the region of £36,300 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 fall within class B (42) of the energy performance assessment scale.

A full copy of the EPC assessment and recommendation report is available from our office upon request.

VAT
All rents and prices are exclusive of VAT under the Finance Act 1989.

Interested parties are advised to consult their professional advisors as to their liabilities, if any, in this direction.

Legal Costs
Each party will bear their own legal costs.

Viewing
Strictly by appointment via sole agents:

Fenn Wright - Michael Moody
Tel: 01206 85 45 45
Email: newman@fennwright.co.uk

( Agency Pilot Software Ref: 14869464 )

Location

marker
Location: Premier House, Threshelfords Business Park, Inworth Road, Feering, Essex, CO5

Kelvedon (0.6 miles)

Marks Tey (3.7 miles)

Witham (4.1 miles)

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