Location

Forming part of an established Industrial Estate located off Oliver Road, approx. 1.5 miles South of junction 30/31 of the M25. Chafford Hundred Train Station is approx. 2.5 miles distant, providing a service to London (Fenchurch Street) in approx. 33 minutes. Nearby occupiers include Generation Hire, Co-op, Amazon and the Elliott Group.

The property

A largely concreted yard with some areas of tarmacadam surrounded by palisade fencing to the majority of the boundary. The yard totals approx. 4.15 acres and can be divided to suit and combined with a unit/s if required.

Two units and modular office/welfare are located on-site and can be included with yardage to suit.

Accommodation Measured in accordance with the RICS Code of Measuring, the approximate Gross Internal and site areas are as follows:

Yard       from 1 – 4.15 acres        (0.4 – 1.67 hectares)

Unit 1                                     3300 sq ft              308 sq m

Unit 2                                     3000 sq ft              295 sq m

Modular office/welfare        1,700 sq ft             159 sq m

Available separately or combined.

Terms

To be let on a new sub-lease for a term expiring 12th May 2028, without further rent review, outside the Landlord & Tenant Act.

Figures

Rent on application. plus VAT. Subject to

satisfactory accounts, a two month rent deposit is payable. A service charge of 6% of the annual rent is also payable. A new longer lease may be available, further details on request.

Business rates

There are two Rateable Value assessments (2023) of £158,000 and £181,000. A reasonable proportion for the area let will be recovered.

Legal costs

£100 plus VAT per one year period.

Agent’s Note

All figures quoted are exclusive of VAT (if applicable)

No warranty is given in respect of the current planning use.

None of the amenities or fixtures and fittings have been tested.

We have not undertaken a measured survey and recommend verification of the site area on site in due course.

Money Laundering Regulations

Due to recent money laundering regulations, all Tenants and Purchasers when making an offer on a property will need to provide a copy of their current Passport photo page and a recent Utility Bill confirming their current address.

Energy Performance Certificate (EPC)

The EPC rating for the Unit is D78, expiring March 2034.

The EPC rating for the modular office is C51, expiring March 2034.

Enquiries/viewing

Please contact us on 01708 860696 or email: jb@branchassociates.co.uk