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Investment

Investment For Sale Earls Colne

PROPERTY ID: 127451

PROPERTY TYPE

Investment

STATUS

Available

SIZE

11,790 sq.ft

Key Features

Multi-Let Industrial Estate with Asset Management and Development Potential
Currently Generating Approximately £70,000 Per Annum Net
11,790 sq. ft. (1,095 sq. m.) on a Site of 0.98 Acres.
No VAT Applicable

Property Details

The Property Comprises A Number Of Former Agricultural Buildings And Stables Centred Around A Part Concrete Part Hardstanding Yard Together With Later Portal Frame Buildings. We Have Measured The Site Area Using Ordnance Survey Mapping Software And Estimate The Total Area To Be Approximately 0.98 Acres. The Units Have Been Converted Into Storage, Light Industrial And Office Use And The Yard Provides Access And Parking. Entrance To The Estate Is Via A Gated Access Road From Station Road. The Units Have Use Of A Shared Male And Female Toilet Block Located Close To The Entrance To The Estate. Location Earls Colne Is Located Approximately 9 Miles Northwest Of Colchester And Approximately 3 Miles Southeast Of Halstead, Which Runs Adjacent To The A131, A Trunk Road Linking Braintree To Sudbury. The A12 At Colchester Provides Access To Harwich And Felixstowe To The North And London And The M25 To The South. There Is A Train Service To London Liverpool Street From Chappel & Wakes Colne Which Is Approximately 3 Miles East Of Earls Colne With A Journey Time Of Approximately 80 Minutes, Changing At Marks Tey. Colne House Farm Is Located On Station Road Approximately 0.5 Miles North West Of Earls Colne High Street Where Coop, Boots Pharmacy, The Library And Other Commercial Occupiers Are Situated. Immediately Adjacent To Colne House Farm To The South Is Colne House, A Residential Property And Colne House Care Home. Adjacent To The North As Well As Opposite, On The Western Side Of Station Road, Are Further Residential Properties. To The East The Property Backs Onto Colne Valley Golf Club. Accommodation A Schedule Of Accommodation Is Available Upon Request. Services We Understand The Property Is Connected To Mains Water, Drainage And Electricity. We Have Not Tested Any Of The Services And All Interested Parties Should Rely Upon Their Own Enquiries With The Relevant Utility Company In Connection With The Availability And Capacity Of All Of Those Serving The Property Including It And Telecommunication Links. Energy Rating Please Refer To The Accommodation Schedule. Local Authority Braintree District Council T. 01376 552525 Terms The Freehold Interest Is Available To Purchase Subject To The Existing Agreements Which Currently Generate A Net Income In The Region Of £70,000 Per Annum. The Existing Agreements Are Very Informal And Are Reviewed Annually. A Copy Of The Leases And Tenancy Schedule Are Available Upon Request. Guide Price Offers Are Being Invited In Excess Of £1,000,000. Vat We Understand Vat Will Not Be Applicable To The Purchase Price. Anti-money Laundering Anti-money Laundering Regulations Require Fenn Wright To Formally Verify Prospective Purchaser's Identity, Residence And Source Of Funds Prior To Instructing Solicitors. Legal Costs Each Party To Bear Their Own Legal Costs Incurred In This Transaction. Viewing Strictly By Appointment With The Sole Agents: Fenn Wright 20 Duke Street, Chelmsford Cm1 1hl 01245 261226 Fennwright.co.uk Contact: James Wright Jw@fennwright.co.uk John Logan Jdl@fennwright.co.uk

About the Agent

Investment Unit

£1,000,000 Freehold

Colne House Farm,Station Road, Earls Colne, CO6 2LT
Investment - Available
11,790 sq ft
1,095 sqm
Show phone number

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