Ardleigh House Dedham Rd 8,088 SF 100% Leased Industrial Building Ardleigh CO7 7QA $945,065 ($116.85/SF)



INVESTMENT HIGHLIGHTS
- Detached Business Premises With Main Road Prominence
- Parking For Approx. 24 Cars
- Fenced & Gated Rear Yard Area
- Air Conditioned Ground & First Floor Offices (Part Furnished)
EXECUTIVE SUMMARY
The building is of steel frame construction with brick elevations under a pitched and insulated roof. The workshop (approx. 4.3m eaves height) is accessed via a large electrically operated loading door, and there is a mezzanine floor providing additional storage. There is a single storey lean providing additional workshop/storage space. A mix of ground and first floor air conditioned offices are accessed via a reception area. There are also WC and kitchenette facilities provided. There is three phase power and gas supply connected. We understand the current occupier has a 1GB fibre internet line.
Car parking is provided along the front of the premises and to the side, with a large gated yard area to the rear.
Note: There is a right of way between the building and the car parking area to the east in favour of other small industrial units.
LOCATION
The property is prominently situated in Ardleigh, on the north side of the B1029 Dedham Road approximately 4 miles north east of Colchester with good accessibility to the A12 which links to the A14 at Ipswich (15 miles) and then to the M25 at Brentwood (45 miles).
ACCOMMODATION
[Approximate Gross Internal Floor Areas]
Ground Floor 6,086 sq ft [565.4 sq m] approx.
First Floor Offices2,002 sq ft [185.9 sq m] approx.
Total: 8,088 sq ft [751.4 sq m] approx.
Mezzanine Floor: 449 sq ft [41.7 sq m] approx.
TERMS
The premises are available to let on a new effective full repairing and insuring lease, with lease length and terms to be agreed, at a rent of £64,500 per annum (No VAT)
A freehold sale will be considered subject to offers in excess of £700,000 (No VAT).
SERVICE CHARGE
We are advised that no service charge is applicable.
BUSINESS RATES
We are advised that the premises have a rateable value, with effect from the 1st April 2023, of £40,250.
Therefore estimated rates payable of approximately £20,100 for the current year.
Interested parties are advised to make their own enquiries.
BUILDINGS INSURANCE
The buildings insurance is to be arranged by the landlord with the cost to be recovered from the tenant.
For the current year the approximate cost is £3,114.
ENERGY PERFORMANCE CERTIFICATE [EPC]
We have been advised that the premises fall within class E (115) of the energy performance assessment scale.
A full copy of the EPC assessment is available upon request.
VAT
We are advised that VAT will not be applicable on the rent or sale price.
All rents and prices are exclusive of VAT under the Finance act 1989.
LEGAL COSTS
Each party will bear their own legal costs.
ANTI-MONEY LAUNDERING REGULATIONS
Anti-Money Laundering Regulations require Fenn Wright to formally verify a prospective tenants /purchasers identity prior to the instruction of solicitors.
VIEWINGS STRICTLY BY APPOINTMENT VIA SOLE LETTING AGENTS:
Fenn Wright
T:[use Contact Agent Button]
E: [use Contact Agent Button]
PROPERTY FACTS
Price | $945,065 |
Price Per SF | $116.85 |
Sale Type | Investment |
Tenure | Freehold |
Property Type | Industrial |
Building Class | C |
Lot Size | 0.38 AC |
Rentable Building Area | 8,088 SF |
No. Stories | 2 |
Year Built | 1960 |
AMENITIES
- Security System
- Yard
- Energy Performance Rating - E
- Storage Space
- Common Parts WC Facilities
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Roalco
- -
- 8,088 SF
- -
- -
TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
Roalco | - | 8,088 SF | - | - |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
A detached two storey building providing, stores, workshop and offices with the benefit of a self contained rear yard and onsite car parking. The building is of steel frame construction with brick elevations under a pitched and insulated roof. The workshop (approx. 4.3m eaves height) is accessed via a large electrically operated loading door, and there is a mezzanine floor providing additional storage. There is a single storey lean providing additional workshop/storage space. A mix of ground and first floor air conditioned offices are accessed via a reception area. There are also WC and kitchenette facilities provided. There is three phase power and gas supply connected. We understand the current occupier has a 1GB fibre internet line.Car parking is provided along the front of the premises and to the side, with a large gated yard area to the rear.Note: There is a right of way between the building and the car parking area to the east in favour of other small industrial units.LOCATIONThe property is prominently situated in Ardleigh, on the north side of the B1029 Dedham Road approximately 4 miles north east of Colchester with good accessibility to the A12 which links to the A14 at Ipswich (15 miles) and then to the M25 at Brentwood (45 miles).ACCOMMODATION [Approximate Gross Internal Floor Areas] Ground Floor 6,086 sq ft [565.4 sq m] approx. First Floor Offices2,002 sq ft [185.9 sq m] approx. Total: 8,088 sq ft [751.4 sq m] approx. Mezzanine Floor: 449 sq ft [41.7 sq m] approx.TERMS The premises are available to let on a new effective full repairing and insuring lease, with lease length and terms to be agreed, at a rent of £64,500 per annum (No VAT)A freehold sale will be considered subject to offers in excess of £700,000 (No VAT).SERVICE CHARGEWe are advised that no service charge is applicable.BUSINESS RATES We are advised that the premises have a rateable value, with effect from the 1st April 2023, of £40,250. Therefore estimated rates payable of approximately £20,100 for the current year. Interested parties are advised to make their own enquiries.BUILDINGS INSURANCEThe buildings insurance is to be arranged by the landlord with the cost to be recovered from the tenant. For the current year the approximate cost is £3,114.ENERGY PERFORMANCE CERTIFICATE [EPC] We have been advised that the premises fall within class E (115) of the energy performance assessment scale. A full copy of the EPC assessment is available upon request. VATWe are advised that VAT will not be applicable on the rent or sale price. All rents and prices are exclusive of VAT under the Finance act 1989.LEGAL COSTSEach party will bear their own legal costs. ANTI-MONEY LAUNDERING REGULATIONS Anti-Money Laundering Regulations require Fenn Wright to formally verify a prospective tenants /purchasers identity prior to the instruction of solicitors. VIEWINGS STRICTLY BY APPOINTMENT VIA SOLE LETTING AGENTS:Fenn WrightT:[use Contact Agent Button]E: [use Contact Agent Button]
A detached two storey building providing, stores, workshop and offices with the benefit of a self contained rear yard and onsite car parking. The building is of steel frame construction with brick elevations under a pitched and insulated roof. The workshop (approx. 4.3m eaves height) is accessed via a large electrically operated loading door, and there is a mezzanine floor providing additional storage. There is a single storey lean providing additional workshop/storage space. A mix of ground and first floor air conditioned offices are accessed via a reception area. There are also WC and kitchenette facilities provided. There is three phase power and gas supply connected. We understand the current occupier has a 1GB fibre internet line.Car parking is provided along the front of the premises and to the side, with a large gated yard area to the rear.Note: There is a right of way between the building and the car parking area to the east in favour of other small industrial units.LOCATIONThe property is prominently situated in Ardleigh, on the north side of the B1029 Dedham Road approximately 4 miles north east of Colchester with good accessibility to the A12 which links to the A14 at Ipswich (15 miles) and then to the M25 at Brentwood (45 miles).ACCOMMODATION [Approximate Gross Internal Floor Areas] Ground Floor 6,086 sq ft [565.4 sq m] approx. First Floor Offices2,002 sq ft [185.9 sq m] approx. Total: 8,088 sq ft [751.4 sq m] approx. Mezzanine Floor: 449 sq ft [41.7 sq m] approx.TERMS The premises are available to let on a new effective full repairing and insuring lease, with lease length and terms to be agreed, at a rent of £64,500 per annum (No VAT)A freehold sale will be considered subject to offers in excess of £700,000 (No VAT).SERVICE CHARGEWe are advised that no service charge is applicable.BUSINESS RATES We are advised that the premises have a rateable value, with effect from the 1st April 2023, of £40,250. Therefore estimated rates payable of approximately £20,100 for the current year. Interested parties are advised to make their own enquiries.BUILDINGS INSURANCEThe buildings insurance is to be arranged by the landlord with the cost to be recovered from the tenant. For the current year the approximate cost is £3,114.ENERGY PERFORMANCE CERTIFICATE [EPC] We have been advised that the premises fall within class E (115) of the energy performance assessment scale. A full copy of the EPC assessment is available upon request. VATWe are advised that VAT will not be applicable on the rent or sale price. All rents and prices are exclusive of VAT under the Finance act 1989.LEGAL COSTSEach party will bear their own legal costs. ANTI-MONEY LAUNDERING REGULATIONS Anti-Money Laundering Regulations require Fenn Wright to formally verify a prospective tenants /purchasers identity prior to the instruction of solicitors. VIEWINGS STRICTLY BY APPOINTMENT VIA SOLE LETTING AGENTS:Fenn WrightT:[use Contact Agent Button]E: [use Contact Agent Button]
Space | Size | Space Use | Condition | Available |
Ground | 6,086 SF | Industrial | Partial Build-Out | 30 Days |
1st Floor | 2,002 SF | Industrial | Partial Build-Out | 30 Days |
Ground
Size |
6,086 SF |
Space Use |
Industrial |
Condition |
Partial Build-Out |
Available |
30 Days |
1st Floor
Size |
2,002 SF |
Space Use |
Industrial |
Condition |
Partial Build-Out |
Available |
30 Days |