Arterial Road, Laindon, Basildon, SS15
£1,800,000

Guide price

LOCATION:

The property is prominently positioned with direct access onto the London (west) bound carriageway of the A127 Southend Arterial Road - a short distance from the Fortune of War roundabout.

DESCRIPTION:

A detached, 2 storey, building on a 0.875 acre plot and arranged to provide 24 small business units with extensive car parking and loading/unloading facilities. We are advised that the units are occupied by virtue of flexible agreements and currently produce an income in the region of £105,600 per annum when fully let.

Accommodation Total Gross Internal Areas of 12,742 sq ft (1,184 sq ms).

Features Detached Building

Arranged into 24 Small Business Units

Multi-Let on Flexible Terms

Currently Producing £105,600 pa when fully let.

Extensive Car Parking

Direct Access to A127 (London Bound)

Site Area of 0.875 Acres

Current Occupation We are advised that 20 of the 23 units are currently occupied. The units are let by way of flexible agreements and we understand that, when fully let at current rent levels, the building produces a total rent role of £105,600 p.a. (approx. £8.28 psf).

Business Rates Each unit is separately rated. Please contact Basildon Council on 01268 533333 for details on individual assessments.

Energy Performance Certificate (EPC) Each unit has its own Energy Performance Certificate. These certificates are valid until January 2032, with EPC ratings ranging from B-47 to E-115.

Price Freehold available subject to an asking price of £1,800,000 (plus vat only if applicable).

Legal Costs Each party to be responsible for their own.

Viewing Arrangements Strictly via prior appointment with the sole selling agents, Dedman Gray Commercial.

For further information or to arrange a viewing contact: Roy Horton T: 01702 311039 E: royhorton@dedmangray.co.uk or Mike Gray T: 01702 311001 or E: mikegray@dedmangray.co.uk

01702 781134

Dedman Gray

103 The Broadway, Thorpe Bay, Essex

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