For Sale

The Mill Store, Foundry Lane, Earls Colne, CO6 2SB

Overview

Office
Property Type

12537 - 12537
sq ft

Description

Location

The premises comprise two detached mixed use buildings together with on-site surfaced parking for around 32 vehicles.

Unit 1 The Mill Store: The building comprises office space over ground and first floor level within a former foundry believed to date from around the 1850's, and is of part wrought iron and timber framed construction, and part loading bearing brickwork with elements rendered and painted externally with the principal elevations, including large timber sash windows, under a pitched roof with slate covering. The unit benefits from office space, with kitchenette and WC facilities.

Units 2 & 3 The Mill Store: A detached two storey building comprising office, storage & manufacturing space. Built in circa 2004, the building is of brick faced block inner leaf outer wall construction to around 3.2m eaves height beneath a slate covered Mansard roof. The office accommodation can be found at first floor level, together with kitchenette and WC facilities. There is also a workshop attached beneath a shallow pitched felt covered flat roof.

Accommodation
(Approximate gross internal measurements)
Unit 1 Approx. 3,883 sq ft (360.7 sq m)
Unit 2 Approx. 1,158 sq ft (107.6 sq m)
Unit 3 Approx. 7,496 sq ft ( 696.4 sq m)
Total Approx. 12,537 sq ft (1,164.7 sq m)

Terms
The premises are to be sold freehold, with vacant possession, at a guide price of £1,250,000 plus VAT.

VAT
We are advised that VAT is applicable.

Business Rates
We have been informed that the rateable value of the premises are currently assessed independently, with a combined rateable value of £76,775. We therefore estimate that the rates payable are likely to be in the region of £39,300 per annum.

Interested parties are advised to make their own enquiries with the local rating authority to confirm their liabilities.

Energy Performance Certificate (EPC)
We have been advised that the premises have been assessed as follows; Unit 1 - E (118) Unit 2 - C (52) Unit 3 - D (88)

A full copy of the EPC assessments and recommendation reports are available from our office upon request.

Planning
We are advised that the long standing, existing, use is for offices, storage and light production. The property is not listed but is located within the Earls Colne Conservation area.

Interested parties are advised to make their own enquiries with Braintree District Council.

Legal Costs
Each party will bear their own legal costs.

Anti-Money Laundering Regulations
Anti-Money Laundering Regulations require Fenn Wright to formally verify prospective purchaser's identify, residence and source of funds prior to instructing solicitors.

Viewings Strictly By Appointment Via Sole Selling Agents:

Fenn Wright
01206 85 45 45
Colchestercommercial@fennwright.co.uk