Office For Sale Witham
PROPERTY ID: 86117
PROPERTY TYPE
Office
STATUS
Under Offer
SIZE
2,401 sq.ft
Key Features
Property Details
The Property Provides Two Storey Predominantly Open Plan Office Accommodation With Meeting Rooms/offices On Both Floors. The Accommodation Benefits From Suspended Ceilings With Recessed Lighting, Central Heating, Carpet, Perimeter Trunking And Telephone Entry System. Wc And Kitchenette Facilities Are Provided On Both Floors. There Are 8 Allocated Car Parking Spaces Situated In The Landscaped Car Park To The Front Of The Scheme. Location Atlantic Square Is Located On Station Road Off Avenue Road, Close To Witham Town Centre And Adjacent Witham Mainline Rail Station. Witham Station Provides Frequent Services To London Liverpool Street With An Approximate Journey Time Of 40 Minutes. Atlantic Square Is Approximately 1 Mile From The Nearest A12 Junction Which Provides Both North And Southbound Access. Accommodation We Have Measured The Suite In Accordance With The Rics Code Of Measuring Practice On A Net Internal Area Basis As Follows: Ground Floor: 1,137 Sq. Ft. (105.66 Sq. M.) First Floor: 1,264 Sq. Ft. (117.45 Sq. M.) Total: 2,401 Sq. Ft. (223.12 Sq. M.) Services We Understand The Property Is Connected To Mains Water, Drainage Electricity And Gas. 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. Business Rates The Property Is Currently Assessed As Follows: Ground Floor Rateable Value: £10,000 Approx. Rates Payable (2021/22): £5,000 Pa First Floor Rateable Value: £10,000 Approx. Rates Payable (2021/22): £5,000 Pa The Car Parking Spaces Are Each Assessed Separately With A Rateable Value Of £250 Per Space. Local Authority Braintree District Council T. 01376 552525 Epc C - 60. Service Charges There Is An Annual Estate And Building Service Charge. Further Details Are Available Upon Application. Tenancy The First Floor Is Let To One Claim Limited On An Effective Full Repairing And Insuring Lease By Way Of A Service Charge And Contracted Outside Of The 1954 Landlord And Tenant Act. The Lease Commenced On 21st January 2022 For A Term Of 5 Years And Is Subject To A Tenant Only Break Clause On 3rd Anniversary Of The Term Subject To At Least 6 Months Written Notice. The Lease Is Guaranteed By Pinnacle Costs & Claims Solutions Limited And The Landlord Holds A Rent Deposit To The Value Of 3 Months' Rent. Title Freehold Under Title Number: Ex676666. 4 Atlantic Square Is Also For Sale And Forms Part Of The Same Title. In The Event The Properties Are Sold Separately The Titles Will Be Split Upon Sale. Terms The Freehold Of 6 Atlantic Square Is For Sale By Way Of Private Treaty At A Guide Price Of £365,000 Plus Vat. Vat We Understand That The Property Is Elected To Vat. Legal Costs Each Party To Bear Their Own Legal Costs Incurred In This Transaction.