Well located industrial/warehouse units on an established industrial estate
Asset management opportunity
For the Seller's Legal Pack, please click the Property Documents tab below
Lot 66
Auction 8th December 2016
Rent £7,500 per Annum Exclusive
Status Sold
Price £111,000
Sector Industrial, Warehouse
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
On behalf of CBRE Receivers
Property Information
Location
Miles
20 miles south-east of Chelmsford, 36 miles east of Central London
Roads
A127, A130
Rail
Prittlewell Railway Station
Air
London Southend Airport
Situation
The property is situated on Farriers Way, off Chandlers Way and close to Journeymans Way on the established Temple Farm Industrial Estate, located less than one kilometre from London Southend Airport. London Southend Airport has undergone expansion with an extension to the passenger terminal opened to the public in March 2014. Passenger numbers are set to increase to two million per year by 2020. Nearby occupiers on Temple Farm Industrial Estate include Eurocell, Howdens Joinery, Temple Furniture, DRS Heating and Plumbing Merchants, Rainbow Design Essex and a number of independent occupiers.
Tenure
Freehold.
Location
Miles
20 miles south-east of Chelmsford, 36 miles east of Central London
Roads
A127, A130
Rail
Prittlewell Railway Station
Air
London Southend Airport
Situation
The property is situated on Farriers Way, off Chandlers Way and close to Journeymans Way on the established Temple Farm Industrial Estate, located less than one kilometre from London Southend Airport. London Southend Airport has undergone expansion with an extension to the passenger terminal opened to the public in March 2014. Passenger numbers are set to increase to two million per year by 2020. Nearby occupiers on Temple Farm Industrial Estate include Eurocell, Howdens Joinery, Temple Furniture, DRS Heating and Plumbing Merchants, Rainbow Design Essex and a number of independent occupiers.
Tenure
Freehold.
Description
The property comprises an industrial/warehouse unit with a roller shutter door and service yard at the front.
VAT
VAT is not applicable to this lot.
Note
This property is being marketed for sale on behalf of Fixed Charge
Receivers and therefore no warranties or guarantees in any respect,
including VAT, can be given. The information in these particulars has been provided by the Fixed Charge Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Fixed Charge Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises an industrial/warehouse unit with a roller shutter door and service yard at the front.
VAT
VAT is not applicable to this lot.
Note
This property is being marketed for sale on behalf of Fixed Charge
Receivers and therefore no warranties or guarantees in any respect,
including VAT, can be given. The information in these particulars has been provided by the Fixed Charge Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Fixed Charge Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Lot
Unit
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
66
28
Ground Mezzanine
Warehouse/Ancillary Ancillary
73.37 sq m 53.44 sq m
(790 sq ft) (608 sq ft)
WINE DE VINE LIMITED
3 years from 16/12/2015 (1)
£7,500
(1) The lease is subject to a tenant option to determine on 16th December 2017 subject to 6 months’ prior written notice.
