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Agent's details

Bellcroft, Eastways Industrial Estate, Witham, Essex, CM8

For sale: £1,850,000.00|0.84 Acres|Land, Commercial Land

Property details

FOR SALE£1,850,000.00
SIZE0.84 Acres
ADDRESSBellcroft, Eastways Industrial Estate, Witham, Essex, CM8
TYPELand, Commercial Land
TENUREUnder Offer, For Sale Freehold
POSTED ON14th May 2024

Description

A former scrap metal depot comprising a level rectangular site of approximately 0.34 hectare (0.84 acre) which is fully surfaced and secured. There is an industrial/warehouse unit providing clear span accommodation with a minimum eaves height of 4.50m. A manually operated roller shutter door is located on the side elevation giving access to an extensive concrete surfaced yard which incorporates a commercial weighbridge. Office accommodation, reception, kitchen and wc's are provided within the industrial/warehouse.

LOCATION
The property is situated at the end of a private cul-de-sac estate road known as Bellcroft which is situated on the established Eastways Industrial Estate. Eastways Industrial Estate is located approximately one mile to the north east of Witham town centre and is less a mile from Junction 22 of the A12. The A12 provides good connections to the East coast ports of Felixstowe and Harwich, the M25, M11 and Stansted Airport. A frequent main line rail service is available from Witham Station to London Liverpool Street with a journey time of approximately 45 minutes.

ACCOMMODATION
[Approximate Gross Internal Floor Areas]
Ground Floor
Industrial/Warehouse 5,275 sq ft [490.30 sq m]
Office, Kitchen and WC's 1,163 sq ft [108.10 sq m]
Mezzanine
Storage 1,163 sq ft [108.10 sq m]
Total: 7,601 sq ft [706.50 sq m]

SERVICES
We understand the property is connected to mains water, drainage, gas and three phase electricity. 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.

BUSINESS RATES
We are advised that the premises have a rateable value of £60,000. Therefore estimated annual rates payable of approximately £32,760 (2024/25). Interested parties are advised to make their own enquiries.

ENERGY PERFORMANCE CERTIFICATE [EPC]
We have been advised the unit falls within Band E (115) of the energy performance assessment scale. A full copy of the EPC assessment and recommendation report is available upon request.

PLANNING
We believe the property has an established use as a scrap�metal recycling�facility which now falls under a sui generis use class.� All interested parties are advised to speak to the local authority.

LOCAL AUTHORITY
Braintree District Council
T. 01376 552525

TITLE
Freehold under title EX533318. A copy of the title is available upon request.

TERMS
The property is offered for sale freehold with vacant possession.

GUIDE PRICE
Offers in excess of £1,850,000.

VAT
We understand VAT will not be applicable to the purchase price.

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

ANTI-MONEY LAUNDERING REGULATIONS
Anti-Money Laundering Regulations require Fenn Wright to formally verify a prospective purchaser's identify prior to the instruction of solicitors.

VIEWINGS
Contact:
James Wright
E: jw@fennwright.co.uk
John Logan
E: jdl@fennwright.co.uk ( Agency Pilot Software ref: 14870400 )

Location

marker
Location: Bellcroft, Eastways Industrial Estate, Witham, Essex, CM8

Witham (0.2 miles)

Hatfield Peverel (3.0 miles)

White Notley (3.0 miles)

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