Location
The property is located within an established industrial estate, adjacent to Radford Way. Local occupiers include Jewson Builders Merchants, Sainsbury’s Local and Kwik Fit Plus. The A12 is approximately 4.6 miles away, accessible from the Mountnessing Roundabout, and provides a connection to J28 of the M25 road network.
Billericay Train Station is situated on the same road (Radford Way), approximately 0.4 miles away and provides a service to London (Liverpool Street) in approximately 40 minutes.
The property
An end-terrace detached unit of steel frame construction with brick, blockwork and profile metal clad elevations. The maximum height is approximately 6.7m and the height beneath the mezzanine approximately 4.4m.
Access is via an electric loading door.
Internally, the unit is arranged to provide ground and first floor offices and mezzanine to part. The unit is heated via a gas blower and there is LED lighting together with works toilets. The offices have air conditioning, double glazing, kitchenette and separate toilets.
Externally, there are 11 car parking spaces and loading access.
Accommodation Measured in accordance with the RICS Code of Measuring Guide the approximate gross internal floor area is:
Unit 3,243 sq ft 301.4 sq m
Ground floor Offices/ 712 sq ft 66.1 sq m
Ancillary
First floor Offices/ 720 sq ft 67.0 sq m
Ancillary
TOTAL 4,675 sq ft 434.3 sq m
Mezzanine 2,181 sq ft 202.7 sq m
Terms
The lease is available by way of an assignment or sublet. The property is currently held on a full repairing and insuring lease, from 1st June 2017 and expiring 31st May 2027 at a passing rent of £51,000pa, payable quarterly in advance. Building Insurance (£1,173pa) is payable but there is no service charge.
Figures
£51,000 per annum exclusive, payable quarterly in advance.
Business rates
The Rateable Value (2023) is £35,750, making the rates payable approximately £17,839.25p per annum. Interested parties are advised to satisfy themselves fully in this respect.
Legal costs
Each party to be responsible for the payment of their own legal costs.
EPC
The EPC rating is D79, expiring June 2027.
Agent’s Note
All figures quoted are exclusive of VAT (if applicable).
No warranty is given in respect of the current planning use. Interested parties are advised to satisfy themselves fully in respect of planning uses with the Local Authority.
None of the amenities or fixtures and fittings have been tested.
Enquiries/viewing
Please contact us on 01708 860 696 or email: jb@branchassociates.co.uk
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Branch Associates Ltd
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