Warehouse for sale in Arcany Road, South Ockendon RM15, £2,000,000

2,000,000.00

Offer Nr.:
60152959
Type of ad:
for Sale
Property type:
Warehouse
Contact name:
Branch Associates
Phone(s):
01708 573686

* Self - contained terrace of 6 units with 1st floor offices at either end
* Approx. 2. 7 miles from A13 / 5. 4 from M25 (J30)
* Long standing tenants
* Regear opportunity with significant rental growth prospects
Location
The property fronts Arcany Road, off Arisdale Avenue, a mixed use industrial
and residential area less than a mile to the South of the Town Centre. Nearby
occupiers include Next Distribution, Belmont Laundry and Store to Door Group.
The A13 and M25 are approx. 2. 7 and 5. 4 miles away respectively. Ockendon
Train Station provides a service to London (Fenchurch Street) in approx. 29
minutes.
The property
A self - contained terrace of six ground floor units with 1st floor offices at
the East and West elevations. Each unit is of concrete portal frame
construction with facing brickwork elevations with blockwork internally. The
roofs of the single storey units are pitched corrugated asbestos with
translucent panels whereas the offices have flat roofs.
The apex height of each unit is approx. 5. 6m with an eaves height of approx.
4. 0m. The units are separately metered for 3 - phase power and mains water.
Externally, there is shared parking to the front and gated yards to the East
and West boundaries.
A site plan is outlined overleaf for identification purposes only.
Accommodation The total approximate gross internal floor area (expressed sq
ft/sqm) is as follows:
*under offer*
1, 570 sq m (16, 886 sq ft)
Please refer to the Tenancy Schedule for further information.
The site area is approx. 0. 60 acre providing a site density of approx. 52%.
Tenure
Freehold for sale subject to the details shown on the attached Tenancy
Schedule.
Proposal
*under offer*
£2, 000, 000 (£118 per sq ft) is sought for the freehold interest. We understand
that VAT is not payable on the sale price.
Legal costs
Each party is to be responsible for the payment of their own legal costs
incurred.
Energy Performance Certificate
Available on request.
Asbestos Survey
Available on request.
Agent’s Note
All figures are quoted exclusive of VAT.
No warranty is given in respect of the current planning use and none of the
amenities or fixtures and fittings have been tested.
The site area has been calculated via Promap digital mapping and should be
verified on site in due course.
Enquiries/viewing
Strictly by prior arrangement with sole agents Branch Associates on or Contact
Johnathan Branch

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