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 detached unit of portal frame construction to an eaves height of approximately 4.4m and an apex of approximately 6.0m. Internally, in addition to the open plan unit, there are two storage rooms at ground floor and mezzanine office, staff room and storage. There is 3-phase electricity and LED lighting.

Three loading doors provide excellent loading facilities and open onto a substantial concreted yard which has palisade and chain-link fencing to the boundaries.

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

                                             Sq ft                      Sq m      

Ground floor                        3313                      307.9

Mezzanine office/staff        381                        35.5

Mezzanine storage              564                        52.3

Total yard                            65,134                   6,053.4    

(1.5 acres/0.6 hectare)

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

£350,000pax. 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.

Business rates

The Rateable Value (2023) is £158,000.

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.

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.

Energy Performance Certificate (EPC)

In the process of being prepared.

Enquiries/viewing

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