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Agent's details

South Strand, Lawford, Manningtree, Essex, CO11

For sale: £1,400,000.00|11,000 Sq Ft|Distribution Warehouse, Land, Light Industrial, Industrial, Commercial Land

Property details

FOR SALE£1,400,000.00
SIZE11,000 Sq Ft
ADDRESSSouth Strand, Lawford, Manningtree, Essex, CO11
TYPEDistribution Warehouse, Land, Light Industrial, Industrial, Commercial Land
TENUREUnder Offer, For Sale Freehold
POSTED ON21st March 2024

Description

Lot 1 - The unit is constructed of a steel portal frame with profile steel clad elevations under a pitched and insulated roof (new in 2016/17) incorporating translucent roof lights with an eaves height of approximately 4 meters and pitch height of 5.8m (to the underside of the frame). The warehouse has LED high bay lighting and three phase electricity. High quality offices are provided to the side of the building on ground and first floor which benefit from spectacular views over the River Stour. They have heating / cooling units, good natural daylighting, carpets, suspended ceilings with recessed LED lighting. Separate male, female and disabled WC's are provided for the factory / warehouse area and the offices along with shower facilities.

Externally there is a large concrete yard / forecourt providing easy access for HGV's and on site car parking. The site totals approx. 1.28 acres of which 0.99 acres is useable.

Approximate Gross Internal Area:
Warehouse and Offices 8,946 sq. ft (831.2 sq. m)
Ground Floor Offices 1,027 sq. ft (95.4 sq. m)
First Floor Offices 1,027 sq. ft (95.4 sq. m)
Total11,000 sq. ft (1,022 sq. m)

Lot 2 - Approx. 1.08 acre unsurfaced plot adjacent to the premises (approx.0.95 acres useable). There is potential to develop the site to provide further commercial accommodation, subject to planning. No services are connected.

We understand that the total site area is approx. 2.36 Acres (0.96 ha), subject to survey.

Terms
The premises are available for Sale Freehold as per the figures outlined below;

Lot 1 - guide price of £1,400,000.
Lot 2 - guide price of £350,000.

Lots 1 and 2 combined with a guide price of £1,750,000.

We are advised that VAT is not applicable.

Note: The green shaded area on the adjacent plan is the proposed right of access area for Lot 2 if the lots are to be sold individually.

Service Charge
We are advised that there is no service charge applicable.

Business Rates
We are advised that, with effect from the 1st April 2023, the premises have a rateable value of £53,000. Therefore estimated rates payable of approx. £27,150 for the current year.

Interested parties are advised to make their own enquiries with the local rating authority to confirm their liabilities.

Planning
We are advised that the premises have established planning consent for warehousing and industrial purposes. Interested parties are advised to make their own enquiries with Tendring District Planning Department.

Services
We are advised that the premises benefit from mains gas, electricity, water and drainage. A leased fibre connection provides high speed internet with speeds of approx. 100 Mbs.

Energy Performance Certificate (EPC)
We have been advised that the premises fall within class B(35) of the energy performance assessment scale.

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 Agents:

Fenn Wright
01206 85 45 45
colchestercommercial@fennwright.co.uk
( Agency Pilot Software ref: 14870065 )

Location

marker
Location: South Strand, Lawford, Manningtree, Essex, CO11

Manningtree (0.6 miles)

Mistley (1.2 miles)

Wrabness (5.0 miles)

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