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AGENT'S DETAILS


A rare, modern industrial investment/owner occupier opportunity (April 2023). Excellent access to Junction 24/25 of the M25 and the A10. Current rent of £28,000 per annum - 4.6% net yield (assuming purchaser's costs of 5%)

For sale: £595,000.00|2377 Sq Ft|Industrial, Industrial Park

PROPERTY DETAILS

FOR SALE£595,000.00
SIZE2377 Sq Ft
ADDRESSUnit 3, Meridian Business Park, Fleming Road, Waltham Abbey, Essex EN9 3BZ
TYPEIndustrial, Industrial Park
TENUREFreehold, For Sale Freehold, For Sale Freehold
POSTED ON18th February 2021

DESCRIPTION

A modern, steel portal framed industrial unit situated mid-terrace within this fully occupied Estate. The unit benefits from a roller shutter door, a small office/kitchen and WC towards the front of the unit. The Tenant has fitted out internally with non-structural partitioning (which they are required to reinstate at the end of the term). The unit has a minimum eaves height of 5.75 m rising to 6.65 m.

This is a versatile warehouse unit which would be suitable for a variety of B1, B2 or B8 occupiers.

The property is currently let (until April 2023) at a rent of £28,000 per annum which represents a net yield of 4.6% (assuming purchaser's costs of 5%). Please contact Agent for more details.

The property is situated on the modern Meridian Business Park, just off the A121 within a 5-minute drive of both Junctions 25 and 26 of the M25 and 5 minutes to the A10, providing excellent infrastructure access. The closest stations are either Enfield Lock or Waltham Cross, providing direct access to central London.

LOCATION

Location: Unit 3, Meridian Business Park, Fleming Road, Waltham Abbey, Essex EN9 3BZ

Loughton (3.8 miles)

Buckhurst Hill (4.4 miles)

Debden (4.6 miles)

Waltham Cross (0.9 miles)

Enfield Lock (1.0 miles)

Ponders End (1.0 miles)

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