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Recent property deals

A look at a selection of some of the property transactions we have recently handled.

July-September 2017
   
     

  24 Princes Street, Ipswich Let
Fenn Wright acted on behalf of Rodica Geogea in relation to a letting of 24 Princes Street, Ipswich for use as an activity centre for disabled and disadvantaged people. The premises comprise a ground floor office/retail unit providing 648 sq ft.

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  Rosehill, Felixstowe Road, Ipswich Let
The lettings of two new units have been completed at Rose Hill Shopping Centre on behalf of East of England Cooperative Society. Aldi have leased a larger new store of over 16,500 sq ft and the gym operator Energie Group have leased a further unit of 7,540 sq ft. Both are in the process of being fitted out prior to opening in the near future.   

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  Broomvale Business Centre, Little Blakenham, Ipswich Let
Acted on behalf of private landlords , we have completed a letting at Broomvale Business Centre to an accident repair services. The premises comprise 1,837 sq ft of office accommodation arranged over 5 suites with ample car parking.

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  432 Wherstead Road, Ipswich Sold
Completed the sale of a detached double garage and four single lock up garages on a site of approximately 0.046 hectares (0.11 acres).

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  25 Orwell Road, Felixstowe Sold
Acted on behalf of Trustees to sell the freehold interest of 25 Orwell Road. The property comprises a three storey detached building arranged over ground, first and second floors providing a total of 1,696 sq ft.

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  Workshop, Premises, Main Road Stratford-St-Andrew Let
Acted on behalf of landlords in relation to a letting of Workshop Premises, Main Road, Stratford-St-Andrew for theatre production use . The premises comprise an industrial unit with detached office and parking, extending to 2,423 sq ft together with ample car parking. 
     

  10 Sproughton Business Park, Farthing Road, Ipswich Let
Completed the letting of 10 Sproughton Road Business Park. The premises comprise an industrial unit extending to approximately 1,248 sq ft.

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  17 Grange Way, Colchester Let
The letting of this recently refurbished 22,990 sq ft warehouse unit has now concluded following a successful change of use for a D2 Gym occupier. Acting on behalf of a private company Fenn Wright in conjunction with our joint agents achieved headline rent reflecting £4.35 psf.  

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  Charter House, 117 Greenstead Road, Colchester Sold
Fenn Wright were instructed to market and sell the freehold interest of this 2 storey office building of some 1,843 sq ft with 12 on-site car parking spaces located less than 1 mile away from the town centre. A local investor has bought the building and has returned the property to the market to let. Fenn Wright secured a sale price in excess of the £340,000 guide.

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  Old Joes Driving Range, Gt Cornard, Sudbury Sold
Acting on behalf of a very long-standing client Fenn Wright have concluded the sale of this golf driving range which incorporates pitch and putt and foot golf facilities, as well as a café and pro-shop. After considerable interest the informal tender sale concluded at a price in excess of £450,000.

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  2, 23, 24-27 Broomfield House, Lanswood Park, Elmstead Market, Colchester Let
Acting upon behalf of Lanswood Developments Fenn Wright have secured the combined letting of 3 ground floor office suites totalling some 3,154 sq ft to Virgin Care Services Ltd at the quoted rent and by way of a new 7 year lease.

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May/June 2017    
     

  2 King Georges Place, Maldon - Let
A prominent retail unit measuring 787 sq. ft. has been let to a private individual on confidential terms following a successful change of use from A1 to A3. The property is to open at a café / tea room. 

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  28 High Street, Maldon - Let
A prime retail unit measuring 961 sq. ft. has been let to Farleigh Hospice on confidential terms. Farleigh Hospice are relocating from their current premises at 112 High Street, Maldon. Fenn Wright have been instructed by Farleigh Hospice to market 112 High Street, Maldon for sale freehold on their behalf. 

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  Unit 1 Hansa Road, Kings Lynn - Acquisition
Fenn Wright acted on behalf of Kent Blaxill in relation to an acquisition of 1 Hansa Road, Kings Lynn for a new Decorating Centre. The premises comprise a prominent refurbished showroom / trade counter unit extending to 3,600 sq ft together with a large customer car park. 
     

  Station Yard, Needham Market - Acquisition
Acting on behalf of the East of England Co-Operative Society, Fenn Wright have acquired a ground floor retail premises on a new lease for use as a funeral directors.
     

  Broomfield Park, Earls Colne - Sold
High quality offices totalling some 6,145 sq ft arranged in two buildings with 25 on-site car parking spaces sold freehold at a figure close to the £595,000 asking price to an expanding local company for their own occupation.

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  53 High Street, Earls Colne - Sold
Fenn Wright have sold this detached 9 bedroom boutique hotel with 40 cover restaurant and separate 50 cover function room for close to the £675,000 asking price to a local entrepreneur who will be reopening shortly following refurbishment.

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  69 Crouch Street, Colchester - Sold
Having just sold the freehold of this vacant commercial property to a private investor Fenn Wright have been retained to both let and manage this refurbished Listed building which provides a stunning contemporary retail interior of some 808 sq ft with a courtyard and useful ancillary accommodation.  A new lease is available at a commencing rental of £30,000 per annum exclusive.  

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  New Jerusalem Church, Queen Street, Brightlingsea - Sold
The freehold sale of this substantial listed D1 church building in Brightlingsea has now completed. Acting in conjunction with Auction House Colchester, Fenn Wright concluded the sale of this 4,534 sq ft congregational building to a local company. 

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April 2017    
     

  Mulberry House, Clough Road, Colchester - Sold
Acting upon behalf of overseas fixed charged receivers Fenn Wright have sold the freehold interest of Mulberry House on Severalls Park to an expanding locally based building contractor who will refurbish the 5040 sq ft detached office building for their own occupation. 

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  14-15 North Hill, Colchester - Sold
A London based property investor has sold the freehold investment of this restaurant/bar with self-contained residential upper parts let to a single tenant at £40,000 per annum.  The property was sold by auction for £500,000.  Fenn Wright acted as joint auctioneers with auction specialists Alsop's. 

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  Unit 2 Stanway Retail Park, Colchester - Let
The letting of the final unit in Stanway Retail Park Scheme was sealed. Acting on behalf of the East of England Co-Operative Society, Fenn Wright concluded the letting of this 5,000 sq ft retail warehouse to a national windows, doors and conservatories manufacturer and retailer.

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  30 North Road, Clacton on Sea - Let
Fenn Wright have let a large neighbourhood retail unit of some 4,585 sq ft to St Helena Hospice. This follows on closely from the recent extension of some 1,300 sq ft taken by Anytime Fitness in addition to their recently opened 5,600 sq ft specialist 24/7 gym operation.  A further 1,495 sq ft is under offer to a National Brand leaving just a single unit of some 2,340 sq ft to let within this former Somerfield Supermarket being redeveloped by London based property company clients.
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  Unit 12 Boss Hall Business Park, Ipswich - Let
Industrial unit of 2,722 sq ft let on a new 5 year lease to Vesto Ltd.

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 March 2017    
     

  18-20 Connaught Avenue, Frinton-on-Sea - Sold
Having let the ground floor as separate units to the Co-op Funeral Care and Southern Dental, we were appointed joint agents to market the resultant investment producing an income of £46,500 pa. For sale with offers in excess of £720,000, the property was sold prior to marketing to a private investor.

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  Emerald House, Whitehall Road, Colchester - Let
Acting on behalf of Green Mill Air-conditioning Ltd we let a 21,918 sq ft trade counter/warehouse unit to a local storage and distribution company.

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  E3 Commerce Way, Colchester - Let
4,796 sq ft industrial unit let to a well known regional windows, doors and conservatories supplier. A price of £5.21 per sq ft was achieved.

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  Unit 1 Great Domsey Farm, Domsey Chase, Colchester - Let
11,186 sq ft modern warehouse unit let to a well established Essex based business at the asking rent of £35,000 pa.

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  Unit 22 Farthing Road, Ipswich - Sold
Warehouse with additional parking sold in excess of the guide price of £330,000.

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  Unit 9 Boss Hall Industrial Estate, Ipswich - Let
Warehouse unit of 2,975 sq ft let on a new 5 year lease to Hermes Parcelnet Limited. 

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  110a High Street, Ingatestone - Let
Office accommodation of 1,088 sq ft let on a new 5 year lease to 'By The Bridge'. The quoting rent was £25,000 pa.

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 January 2017    
     
  Unit 5 Bermuda Road, Ransomes Europark, Ipswich - Let
3,497 sq ft warehouse unit located on Ransome Europark let on a new 10 year lease to Fishing Republic Trading Limited

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  Rosehill Retail Centre, Ipswich - Let
Acting on behalf of East of England Cooperative Society, Fenn Wright have secured lettings of all the units in the scheme now under construction. 

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  22-30 Southway, Colchester - Sold
Acting for the owner, Fenn Wright have secured the price of £476,000 for this extensive detached commercial property with B1 office use. The buyer intends to utilise the permitted development rights and redevelop the 3,434 sq ft of accommodation to residential use and retain in their investment portfolio.

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  Severalls MOT Centre, Colchester - Sold
Acting for the owner; Fenn Wright have sold this desirable motor trade premise located centrally on the Severalls Estate. The site comprising a detached purpose built industrial unit with adjoining storage, office and residential accommodation all on a generous plot of 0.3 of an acre. Following a competitive informal tender process Fenn Wright agreed terms in excess of the £350,000 guide price to a well known Colchester based automotive repair business.
     

  6 Atlantic Square, Station Road, Witham - Let
A ground floor office suite on the popular Atlantic Square office development has been let to Silver Softworks Limited. The accommodation measures 1,092 sq. ft. and the quoting rent was £9,000 per annum.

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  3 Swanbridge Industrial Park, Black Croft Road, Witham - Sold
A high quality modern industrial/warehouse building measuring 2,985 sq. ft. has been sold to a private individual. The property was being marketed with a guide price of £400,000.

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 December 2016    
     
  Limes & Weighbridge, Sudbury  

Acting for the owner, Fenn Wright sold the freehold interest in two detached office buildings in Great Cornard for close to the combined asking price of £775,000. The Limes, a Victorian property comprising 2,633 sq ft of un-used office space on just over 0.5 acres and The Weighbridge, a 1950's built property comprises some 1,817 sq ft on approximately 0.4 acres. The properties have been bought by a Suffolk based property company for residential development.     

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  Central Avenue, Ransomes Europark  

12 acres of prime commercial land and 85,000 sq ft industrial unit at Central Avenue, Ransomes Europark sold on behalf of Commercial Estates Group Ltd. 

No details available. 
 
 
     
  Unit 17, The Quadrangle, The Drift, Nacton Road, Ipswich  

Modern office and workshop premises sold in excess of the guide price of £450,000.  

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  35 North Station Road, Colchester 

On behalf of a long standing client, Fenn Wright have secured the sale of this high profile A3 restaurant property with living accommodation above at a price of £285,000 to an undisclosed individual. We have a number of disappointed under bidders who are still actively looking for similar opportunities, if you have anything that may suit please do contact James Angel (jda@fennwright.co.uk) who would be happy to discuss further.   

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  7-11 High Street, Halstead    

Acting on behalf of a private client Fenn Wright in conjunction with Auction House, have concluded the sale of the freehold for this high-yielding investment property consisting of Grade II Listed terraced building with 2 retail tenants with vacant first and second floors providing conversion potential. 7-11 High Street, Halstead has been acquired by an individual for investment purposes for £260,000 providing a GIY of 6.5%.   

No details available. 
 
 
     
  2 Radford Business Park, Radford Way, Billericay

A mid terrace light industrial / business unit measuring 1,874 sq ft has been sold to a private individual for a figure in excess of the £225,000 guide price,   

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  Unit 4, New Walthambury House, Anglia Way, Braintree 

An end terrace industrial unit measuring 3,494 sq ft has been let on confidential terms. The quoting rent was £17,750 per annum.  

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  Unit 4, Wheatear Industrial Estate, Perry Road, Witham    

A mid terrace light industrial unit measuring 1,000 sq ft has been let to Swanvale Finishers on confidential terms. The quoting rent was £10,000 per annum.  

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  Unit 3, New Walthambury House, Anglia Way, Braintree   

A mid terrace light industrial unit measuring 2,008 sq ft has been let on confidential terms. The quoting rent was £10,000 per annum.   

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 November 2016     
     
  Kelvedon House, 86 High Street, Kelvedon    

Acting for an established East Anglian based charity, Fenn Wright have secured the asking price of £750,000 for this extensive detached commercial property with Class C2 residential institution use. The buyer intends to redevelop the 5,000 sq ft of accommodation on a site of some 0.54 acres and retain in their investment portfolio.    

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  Former Glemsford Silk Mill, Chequers Lane, Glemsford      

Sold on behalf of Stephen Walters & Sons Ltd to regional niche development company. 

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  Unit 3 Park Drive, Braintree 

A detached industrial building measuring 20,597 sq ft has been sold to an owner occupier. The property had a guide price of £695,000.

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  Unit 1 Park Drive, Braintree 

A detached industrial building measuring 6,522 sq ft has been sold to a private investor. The property is to be refurbished and put back on the market on a leasehold basis. Please call for further information.

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  1 Priors Way, Coggeshall    

A mid terrace industrial unit measuring 733 sq ft has been sold to a private individual. The property had a guide price of £95,000.  

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  Unit 7 West Station Yard, Maldon 

An end terrace industrial unit measuring 646 sq ft has been sold to a private individual on confidential terms. The guide price was £85,000.  

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  27 Eld Lane, Colchester 

Acting upon behalf of private investor clients Fenn Wright have let this town centre shop property of some 1,100 sq ft together with a lower ground floor area of some 750 sq ft to Monika Restaurants Limited following the successful grant of planning consent for mixed A1 retail/A3 restaurant use. The headline rent is £24,000 per annum and the ingoing tenants will be undertaking a comprehensive refurbishment of the property to include the installation of a new shop front. 

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    Unit 29 West Station Yard, Maldon    

A mid terrace industrial unit measuring 2,040 sq ft has been let to a private individual on confidential terms. The quoting rent was £11,520 per annum. 

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 October 2016     
     
  Maldon Road, Witham     

A mixed use investment has been sold to a private individual on confidential terms. The investment was producing an income of £56,200 per annum and the guide price was £750,000. If you have an investment property you wish to sell in South Essex please contact: James Wright - 01245, jw@fennwright.co.uk.   

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  46 Boss Hall, Ipswich  

On behalf of East of England Co-operative Society Ltd Fenn Wright have let these premises to Monumart Ltd on a new FRI business lease. 

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  Stane House, Marks Tey 

A 0.93 acre site located adjacent to the A120 has been sold on behalf of a private client. Fenn Wright placed the property on the market in May 2016 and given the substantial level of enquiries and interest we received we had to go to best and final offers. The sale was concluded at a figure well in excess of the £180,000 guide price to a local individual. 

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  4 Stanway Retail Park, Colchester   

The letting of this retail unit in Stanway was concluded. Acting on behalf of the East of England Co-Operative Society, Fenn Wright concluded the letting of this 7.500 sq ft retail warehouse to a national D2 operator; Xercise 4 Less.  

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  Showroom Premises, Northern Road, Sudbury   

Prominent showroom premises of 6,700 sq ft let to a regional motor car dealership on a new 10 year FRI lease.  

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  Crown House, Crown Street, Ipswich   

Letting of refurbished air conditioned, open plan office suite to Newcross Healthcare Solutions on a new 5 year business lease. 

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  30 North Road, Clacton on Sea 

Acting on behalf of Fenn Wright's Private Client, the letting this 5,600 sq ft retail unit on North Road, Clacton on Sea has now concluded. Anytime Fitness took the space on a 15 year lease and have provided the unit with a substantial fit out program. There is still a further 10,500 sq ft of retail space remaining.  

Find out more >
 
     
 September 2016     
     
  Parsons Heath, Colchester    

Fenn Wright have arranged the sale of a prominent 0.6 acre motor trade site with a 70m frontage to a Colchester based developer. A price close to the £675,000 asking price was achieved. Further development opportunities required. 

Find out more >
 
 
     
  Adelphi House, Turret Lane, Ipswich   

Town centre part let office property extending to 6,825 sq ft sold to a local business at close to the guide price of £475,000. 

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  45 Lady Lane Industrial Estate, Hadleigh 

Industrial investment 10,661 sq ft let at a passing rent of £42,000 pax sold to a locally based company. 

No details available. 
 
 
     
    Ground Rent Portfolio 

Acting upon behalf of Knight Developments we have managed the sale of the freehold interest in this 65 unit residential portfolio. Situated in 6 locations in the Eastern Region, the passing annual ground rents totalled £8,125 per annum (average £125 per unit) with the first leasehold reversion not for 11 years. There was competitive demand for each of the 6 parcels of property and a sale price of just under £200,000 achieved which represents a gross initial yield, before costs, of 4.15%. With interest rates recently reducing further, we are experiencing strong demand from investors for all income producing opportunities. If you have investment property to sell or would like to buy please contact:- Lewis Chambers FRICS, 01206 216562, lcc@fennwright.co.uk. 

No property details available. 

     
  8 Culver Street West, Colchester 

Upon instructions from the occupational tenant Fenn Wright have arranged the surrender of their lease to this prime 1,200 sq ft ground floor unit with 37' frontage by introducing a new tenant to the landlord and negotiating acceptable terms for a new lease. The new tenant, Sequence (UK) ltd, a substantial estate agency group, have obtained planning consent for change of use to Class A2 and taken a new 10 year lease, without break, upon full repairing and insuring terms at a commencing rental of £75,000 per annum exclusive. 

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112 Cemetery Road, Ipswich 

Detached commercial property with parking sold by informal tender at a figure in excess of the guide price to Mirror Image Fitted Furniture. 

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  Dickson House, Ipswich  

Detached office with parking let to The Ideal Home Choice Improvements Ltd on a new 7 year lease. 

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 July 2016     
     
  School Road, Langham, Colchester    

Acting for owners, Fenn Wright have secured the sale of a high yielding industrial investment let on a 10 year lease to an established engineering company. The 1.53 acre site contains a range of industrial buildings and was sold prior to auction at a price in excess of the £525,000 guide price. 

No property details available. 
 
     
  Corn Exchange, Market Place, Hadleigh   

Impressive Grade II Listed building in Hadleigh town centre sold to a local occupier at close to the guide price of £375,000. 

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  28 High Street, Colchester   

Acting on behalf of long established investor clients, Fenn Wright have completed the letting of this prime three storey high street property to multiple retailer White Stuff Limited on a new 10 year lease at a commencing rental of £50,000 per annum exclusive. 

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  9 Sea Road, Felixstowe 

Former nursing home sold for £300,000 for conversion to 5 sea front apartments. 

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  27 Neptune Quay, Neptune Marina, Ipswich   

Waterfront offices providing excellent open plan accommodation extending to 5,200 sq ft let on a new FRI business lease to a local organisation. 

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 June 2016    
     
  Edwards Walk, Maldon   

Acting on behalf of a long standing Fenn Wright client, we have completed the sale of this freehold multi let town centre retail parade investment, with current rents reserved at £163,694. The property was sold close to the guide price of £1,850,000 which represented a gross yield of 8.85%. 

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  Rosehill, Felixstowe Road, Ipswich   

Letting of new 16,600 sq ft out of town food store to Aldi on a 20 year FRI lease. 

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  Abbeygate Two, Whitewell Road, Colchester  

A London based charity instructed Fenn Wright to market and sell the freehold interest of a 2 storey commercial building of some 4,615 sq ft with 8 on-site car parking spaces located immediately on the Southway outer ring road. A local developer has bought the building with the intention of obtaining planning consent to convert into flats. Fenn Wright secured a sale price in excess of the £475,000 asking amount. 

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  Former St Cecilia's Church, High Road, Trimley St Mary  

Sale of former church premises on behalf of St Felix Catholic Church to a local business. 

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  Europa Way, Harwich 

Under the instructions of Flying Trade Group Plc Fenn Wright have successfully let a new detached secure warehouse of some 2,820 sq ft at their Europa Way Estate in Harwich. Fenn Wright secured and agreed a letting at the asking rental of £25,000 per annum. 

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  28 Orwell Road, Felixstowe 

Ground floor shop and 2 bed maisonette let on a new 21 year lease. 

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 May 2016    
     
  113 High Street, Colchester  

Acting on behalf of a private client, Fenn Wright have agreed terms for a new 10 year letting of 113 High Street to a estate agency group who are relocating. Terms were agreed which reflect just under the asking price. 

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  Hornigals, Little Tey Road, Ferring 

A first floor office suite measuring 545 sq ft has been let on all-inclusive provisions on behalf of owners. 

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  1-3 Doubleday Corner, Coggeshall 

Acting on behalf of a private client, Fenn Wright have agreed terms for these two retail units, at the site of the former east of England Co-Operative store, to a national pharmacy and a local window company. 

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  Suites 4 & 5 Gowers Farm, Tumblers Green, Stisted, Braintree  

Acting on behalf of a private client Fenn Wright have concluded the letting of this substantial rural office. The two storey listed barn provides high quality office accommodation along with substantial parking provisions in a quiet rural setting. 

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  Unit 1 Stamford Trade Park, Stamford 

Modern trade counter unit of 288 sq m (3,104 sq ft) acquired on behalf of Kent Blaxill. 

No property details available. 
 
     
  Unit 2 Crown & Anchor Mews, Ipswich 

Town centre retail premises with parking let on a new 6 year lease. 

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  Suite 2 Baltic House, Maldon  

A modern office suite of 580 sq ft has been let to Ace Cabs of Essex Limited. 

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  Unit 31 East Hanningfield Industrial Estate, East Hanningfield, Chelmsford 

A mid terrace industrial unit measuring 1,343 sq ft has been let to Masterworx Joinery Limited. The quoting rent was £8,000 per annum.  

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  Unit 32 East Hanningfield Industrial Estate, East Hanningfield, Chelmsford  

A mid terrace industrial unit measuring 1,300 sq ft has been let to Boiler Recycling Ltd. The quoting rent was £8,000 per annum.  

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 April 2016    
     
  39 & 41 Garrick Way, Ipswich 

Ground floor shop and three bed maisonette situated in a busy neighbourhood parade sold to a private individual for £171,000. 

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  38 Lloyds Avenue, Ipswich 

Town centre retail unit let to East Town Let.  

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  Hyde Park House, Crown Street, Ipswich

Refurbished ground floor suite let to Christie & Co on a new FRI business lease. 

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  100 Main Road, Broomfield, Chelmsford 

Prominent retail unit measuring 1,108 sq ft was sold to a private individual for investment purposes. The guide price was £250,000.  

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  Unit 22 East Hanningfield, Chelmsford 

A mid terrace industrial unit measuring 1,243 sq ft was sold to a private individual. The guide price was £125,000. 

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  Marlpits Road, Purleigh 

A building plot for an architecturally designed house was sold to a private individual. The guide price was £285,000. 

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  Unit 6a The Street, Heybridge, Maldon 

A mid terrace industrial unit measuring 8,300 sq ft was sold to a private company. The guide price was £450,000. 

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  Unit 6d The Street, Heybridge, Maldon 

A mid terrace industrial unit measuring 10,676 sq ft was sold to a private company. The guide price was £560,000. 

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  The Old Coach House, Abridge 

A mixed use investment opportunity was sold to a private individual. The guide price was "offers in excess of £525,000".  

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  Unit 10 Moss Road, Witham

An end terrace industrial/warehouse unit with secure yard measuring 2,269 sq ft was sold to Core Construction Limited. The property was being marketed with a guide price of £240,000. 

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  14-15 North Hill, Colchester

The letting of this restaurant unit on Colchester's prestigious North Hill was concluded. Acting on behalf of a private individual, Fenn Wright concluded the letting of this 2,654 sq ft town centre unit to a local restaurateur.  

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  217 Shrub End Road, Colchester

High profile motor trade industrial unit - sold 4,211 sq ft Fenn Wright concluded the sale of this prominent motor trade premises at Shrub End Road, Colchester by informal tender. The semi-detached unit offered a vast range of potential industrial uses including mechanics and auto repairs. The sale was concluded at a figure well in excess of the £250,000 guide price to a local individual who will be opening an auto repair centre.  

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  St Nicholas House, High Street, Colchester 

Substantial part investment and part development opportunity sold in an off market transaction on behalf of Fenn Wright clients. The property comprises two substantial let retail units with two vacant floors above. The upper parts have now been granted planning consent to be converted into 15 flats as well as 4 new build luxury apartments to the flat roof. Purchased by Flying Trade Group Plc as part of their continued investment programme in the town. The price was guided at £2.5 m. 

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  6 Commerce Way, Whitehall Industrial Estate, Colchester 

A detached factory warehouse unit totalling some 24,000 sq ft arranged on a site of just under 1 acre. Competitive bidding resulted in a sale price achieved being well in excess of the £695,000 asking price. The property has been acquired by a well-known local company who are expanding from leased premises nearby and plan to undertake a comprehensive refurbishment programme over the next 12 months.  

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 March 2016     
     
  Crown House, Crown Street, Ipswich

Acting on behalf of Commercial Estates Group Ltd Fenn Wright have concluded the lettings of two suites at Crown House. 1,252 sq ft has been let to Verastar and 3,050 sq ft to software company Dervico on new FRI business leases. 

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  6 Rosewood Business Park, Witham  

Acting on behalf of G O Developments, Fenn Wright have concluded the sale of the freehold interest in this high quality, purpose built, modern warehouse. Constructed in 2008 and offering 3,938 sq ft high bay warehousing the property attracted competitive interest and has been acquired by a local investor. The property remains available to let.   

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  C Commerce Way, Colchester 

Fenn Wright concluded the letting of this 6,174 sq ft industrial unit on Whitehall Industrial Estate to a national landscape construction and maintenance contractor. A price of £3.90 per sq ft was achieved. 

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  55-57 Carnarvon Road, Clacton on Sea 

Acting in conjunction with Auction House East Anglia, the sale of this multi-let investment was concluded. The property achieved £197,000, well in excess of the guide price. 

No property details available. 
 
 
     
  35B Sir Isaacs Walk, Colchester  

Fenn Wright have agreed terms for a new letting on behalf of a private individual of 35 Sir Isaacs Walk, to an opticians with over 170 branches nationwide. 

Find out more >
 
 
     
  D6 & D12 Cowdray Centre, Colchester  

Acting on behalf of BMO REP, Fenn Wright secured terms on these 2 units at the asking rent for both.  

Find out more >
 
 
     
  59 High Street, Maldon 

A prime High Street retail unit measuring 986 sq ft has been let to Saffron Insurance Services Limited on confidential terms.  

Find out more >
 
 
     
 February 2016    
     
  North & South Lodge, 25 London Road, Ipswich 

Two interconnecting office buildings totaling 6,750 sq ft sold to regional property developer at close to the guide price of £635,000. 

Find out more >
 
 
     
  Unit 7 Gamma Terrace, Masterlord Estate, Ipswich

1,500 sq ft of modern office accommodation let to Network Media Services on a new 5 year lease. 

Find out more >
 
 
     
  Unit 22 East Hanningfield Industrial Estate, East Hanningfield 

Unit 22 was sold to a private individual for an undisclosed sum. 

Find out more >
 
 
     
  26 Long Wyre Street, Colchester 

Acting on behalf of a private client Fenn Wright have concluded teh sale of teh freehold interest for this former bakery. The former Kathleens Kitchen has been acquired by a company for investment purposes at a figure close to our £285,000 guide price. 

Find out more >
 
 
     
  2B Stanway Retail Park, Stanway 

The letting of this retail unit in Stanway was concluded. Acting on behalf of the East of England Co-Operative, Fenn Wright concluded the letting of this 2,500 sq ft retail unit to national A5 operator; Dominos Pizza.   

No property details available. 
 
 
     
  Unit 7, Anderson Business Centre, Old London Road, Marks Tey 

16,000 sq ft warehouse unit with a 16,000 sq ft adjoining yard let to an established company re-locating from North London. Fenn Wright advised the landlord in an off market letting and agreed a new 5 year lease at a commencing annual rent of £53,000 pax. 

No property details available. 
 
 
     
 January 2016     
     
  Unit 3 Orwell Road, Ranelagh Road, Ipswich

Acting on behalf of Joint LPA Receivers Fenn Wright have completed the sale of this freehold leisure investment let to Gala Leisure at a rent of £377,138. The property was sold close to the guide price of £5,500,000 which represented a yield of 6.48% after purchaser's costs of 5.8%. 

Find out more >
 


 

  Second Floor, 6-8 Museum Street, Ipswich 

A fully refurbished office suite of 1,832 sq ft has been let on a new lease to Time Appointments. The quoting rent was £18,500 per annum. 

Find out more >
 
     
  Rebow House, Head Street, Colchester 

Acting on behalf of a private client Fenn Wright have concluded the sale of the freehold interest for this high-yielding investment property. Rebow House has been acquired by a company for investment purposes at a figure close to our £725,000 guide price providing a GIY of 9.25%.    

Find out more >
 
     
  E2 Cowdray Centre, Colchester 

Acting on behalf of F and C REIT, Fenn Wright secured terms offering a rent in excess of £4.25 per sq ft. The 2,816 sq ft industrial premises has been let to ALM Training Services Ltd. 

Find out more >
 
     
  2 Titan Drive, Peterborough  

Fenn Wright recently concluded the acquisition of this 3,068 sq ft trade counter unit, located at the front of a well-established trade park accommodating other national and regional occupiers including Switch Electrical, Eurocell, Advance Performance and Fresh Water Bathrooms & Tiles. Acting on behalf of Plumb City, 6 month rent incentives were achieved for a 5 year term certain lease. 

No property details available. 
 
     
  57 High Street, Braintree

A prime retail unit has been let to Newsquest (London) Limited on confidential terms. The quoting rent was £20,000 per annum.  

Find out more >
 
     
     
  Unit 2 Stepfield, Witham

A 8,294 sq ft warehouse has been let to Solarplicity Asset Limited on confidential terms. The quoting rent was £40,000 per annum.    

Find out more >
 
     
 December 2015    
     
  9 Church Street, Colchester 

Acting on behalf of a private client, Fenn Wright have agreed terms for a new 10 year letting of 9 Church Street to a local hair dressers. Terms were agreed which reflect just under the asking price.   

Find out more >
 
 
     
  18-20 Connaught Avenue, Frinton on Sea 

Acting on behalf of a private client for the former SPAR unit, Fenn Wright have concluded the sale of the freehold interest in this mid-terraced, retail unit on the east side of Connaught Avenue. Offering 2,358 sq ft of retail accommodation and a further 2 maisonettes above, the property attracted competitive interest and has been acquired by a company for investment purposes at a figure close to our £465,000 guide price.    

Find out more >
 




  18-19 Church Walk, Colchester 

Fenn Wright have let 18-19 Church Walk on a new 5 year lease to Anne Wright Kitchens and Bedrooms. Terms were agreed which reflect just under the asking price.     

Find out more >
 
 
     
  1b Holywells Road, Ipswich 

Retail/trade counter warehouse let to Flood & French on anew 9 year lease.      

Find out more >
 
 
     
  Unit 11 Alpha Business Park, Ipswich

Refurbished office let on a new 3 year lease to Ben Coomber Ltd.       

Find out more >
 
     
 November 2015    
     
  26 Fonnereau Road, Ipswich

Residential ground rent investment sold to private investor.     

Find out more >
 
 
     
  66 London Road, Colchester  

High profile motor trade investment - sold 1,500 sq ft prominent motor trade premises at London Road, Colchester let to long established Airway Tyres has been sold as an investment at a yield close to 8%. The reserved rent was £14,000 per annum and competitive interest was shown for the property which achieved close to its £165,000 asking price.   

Find out more >
 
 
     
  Suite 1, First Floor, Newland Street, Witham 

A serviced office suite measuring 209 sq ft has been let to Groups Direct Limited. The quoting rent was £5,040 per annum. All of the office suites have now been let and the landlord has full occupancy. 

Find out more >
 
 
     
  Unit 1 Western Road, Silver End, Witham  

19,000 sq ft industrial complex let with option to buy to Halstead company, Eric Wilson & Co Ltd, the site required additional capital investment and the option to buy structure allowed the new occupier the comfort to undertake the required investment. Asking rent £30,000 per annum, asking price £500,000.      

Find out more >
 
 
     
 October 2015     
     
  Units 1 & 2 Stepfield, Witham 

A purpose built industrial unit measuring 20,000 sq ft has been sold to a private individual on confidential terms. The quoting price was £775,000.    

Find out more >
 
     
  Unit 10 Perry Road, Witham 

A mid terrace industrial unit measuring 1,000 sq ft has been let to Core Power Systems Limited at £9,000 per annum.   

Find out more >
 
     
  176 Enterprise Court, Witham 

An end of terrace industrial unit measuring 474 sq ft has been sold to an owner occupier on confidential terms. The quoting price was £67,500.    

Find out more >
 
     
  1 Northern Road, Sudbury 

Purpose built distribution warehouse let to Kersey Freight. Acting on behalf of Lait Storage and Distribution, Fenn Wright have completed a letting of this 43,000 sq ft warehouse. The letting secured a 3 year lease at an initial rent close to £2 per sq ft.   

Find out more >

     
  10 Langham Barns, Langham 

A mid terrace office suite measuring 307 sq ft has been let on behalf of C&W Commercial Roofing Ltd. The rent achieved reflects circa £19.50 per sq ft.  

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  Elton Park Industrial Estate, Hadleigh Road, Ipswich

Deatched warehouse unit measuring 5,675 sq ft let to Securus Storage Services Ltd on a new 10 year lease.   

Find out more >

     
 September 2015    
     
  57 Crabbe Street, Ipswich

31 bedroom care home sold on behalf of Suffolk County Council to a care home operator at a price in the region of £1,000,000.   

Find out more >
 
     
  First Floor, Orwell Landing, Wherstead 

First floor office suite at Fox's Marina 2,073 sq ft on a new business lease.  

Find out more >
 
     
  24 St Nicholas Street & 1 Cromwell Square, Ipswich 

Prominent Grade II Listed Building sold to a private purchaser at close to the £175,000 guide price.     

Find out more >
 
     
  Units A, B1 & B2 Bluestem Road, Ipswich

Three adjoining industrial units of 49,198 sq ft let on behalf of Commercial Estates Group to a manufacturing company on a new FRI lease at close to the quoting rent of £5.75 per sq ft. 

Find out more >

     
  118 Enterprise Court, Witham 

A mid terrace industrial unit measuring 909 sq ft has been let on behalf of the new owner. The property was purchased July 2015 and a new tenant was found within 7 days. The quoting rent was £7,800 per annum.     

Find out more >
 
     
  Second Floor, 7 Freebournes Court, Witham 

A second floor serviced office suite has been let to a private individual on all-inclusive terms.   

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  Unit 10 Wheatear Industrial Estate, Witham 

A mid terrace industrial unit measuring 1,000 sq ft has been let to Core Power Systems Limited at £9,000 per annum.    

Find out more >
 
     
  18-21 Burnham Business Park, Burnham on Crouch 

A detached warehouse measuring 35,305 sq ft with secure yard and ample parking has been sold to a private individual. The property attracted strong interest and Fenn Wright managed to achieve a sale in excess of the guide price.      

Find out more >

     
  58 New Street, Chelmsford

Fenn Wright have let a self-contained office building measuring 986 sq ft in the heart of Chelmsford City Centre to Morton Solutions Limited. The quoting rent was £20,000 per annum.  

Find out more >
 
     
  B1 Commerce Way, Colchester 

Fenn Wright concluded the letting of this 4,768 sq ft (443 sq m) light industrial warehouse unit on Whitehall Industrial Estate in a total of 3 weeks from instruction to disposal. A price in excess of £4 per sq ft was achieved.     

Find out more >
 
     
  124 High Street, Colchester 

On behalf of a private freeholder, Fenn Wright have concluded the sale of this investment, let to Thomas Cook, for in excess of the £350,000 asking price. We experienced a very strong demand for this opportunity and have a volume of potential buyers looking for similar properties, please do contact us if you are considering selling. 

Find out more >

     
 July 2015     
     

  Charnwood Industrial Estate, Framlingham

Industrial investment and redevelopment opportunity, 5.67 acre site, rental income of £44,500 per annum and planning permission for 43,000 sq ft. Sold to local manufacturer business.    

Find out more >

     
  Eastgate House, Carr Street

5 storey office building 1,653 sq m (17,790 sq ft) sold to a regional developer for residential conversion under Permitted Development rights and comprising 25 flats with parking.  

Find out more >
 
     
  Siam Surgery, Sudbury   

Fenn Wright have just concluded the sale of this purpose built general practice surgery in Sudbury, an optical practice who will continue the current D1 planning use. The 4,828 sq ft surgery achieved a price of £90 per sq ft.        

Find out more >

     
    60 Kingsway, Dovercourt  

The freehold sale of this substantial former Co-Operative home store in Dovercourt, Essex has now completed. Acting on behalf of the East of England Co-Operative, Fenn Wright concluded the sale of this 9,840 sq ft department store to a national A4 operator looking to re-furbish the building for owner occupation.      

Find out more >
 
     

  188 Enterprise Court, Eastways, Witham 

A mid terrace industrial unit measuring 909 sq ft has been sold to a private individual. The property was being marketed quoting "offers in excess of £69,750". 

Find out more >

     
 June 2015     
     

  Colne House, 19 Guihavon Street, Witham 

A former office building measuring 1,368 sq ft has been sold to a private individual for residential use. A change of use was granted without the need for full planning consent under Permitted Development Rights. The property was being marketed at a guide price of £360,000.   

Find out more >
     

  6th Floor St Vincent House, Ipswich

Fully refurbished self contained office suite 5,410 sq ft acquired on a new lease upon behalf of an expanding digital media design and marketing company. 

No property details available. 
 
     
  Cemex House, Whitehall Road, Colchester 

This substantial office building with planning permission for the conversion to 11 x 1 bed flats and 4 x 2 bed flats, was sold to a private developer from London intending to convert the building into private residential accommodation. Against a guide price of £500,000, a sale price in excess of £600,000 was achieved.   

Find out more >

 
     
  Unit 37, Grove Shopping Centre, Witham 

Window to the Womb has taken 882 sq ft of retail space at the Grove Shopping Centre following a successful change of use. The quoting rent was £23,500 per annum.      

Find out more >


     
  Unit 5, Wheatear Industrial Estate, Witham

Fenn Wright has successfully let the last remaining unit on the Wheatear Industrial Estate. The unit which measured 1,165 sq ft was let to Construct Furniture UK Limited on a 5 year lease at £8,400 per annum. 

Find out more >
 


     
    8 Orwell Place, Ipswich

Town centre retail premises let to Skylar Belle on a new 5 year lease.    

Find out more >
     
  55 Pier Avenue, Clacton on Sea

Acting on behalf of a private client, Fenn Wright have agreed terms for a new twelve year letting of 55 Pier Avenue to a local cards and gifts business. Terms were agreed which reflect a Zone 'A' rent in excess of £60 per sq ft.      

Find out more >

 
     
 May 2015     
     
  93-95 Military Road, Colchester 

On behalf of Colchester Borough Council Fenn Wright concluded the sale of the development opportunity via informal tender. The detached and semi-detached Victorian properties offered a potential for a range of residential uses including HMO and student accommodation and will be converted to provide student accommodation. The sale was concluded at a figure a little below the £500,000 guide price.     

Find out more >
 
     
  10 Fulton Road, Stevenage 

Fenn Wright recently concluded the acquisition of this 6,616 sq ft trade counter unit, located at the front of a well established trade park accommodating other national occupiers including Tool Station, Screwfix and Magnet. Acting on behalf of Plumb City, 6 months rent incentives were achieved for a 5 year term certain lease.  

No property details available. 
     
  Unit 29 West Station Industrial Estate, Maldon 

Essex pallet Truck Services have taken a new lease on confidential terms. The mid terrace industrial unit measures 2,040 sq ft and the quoting rent was £11,500 per annum.    

Find out more >
 
     
  Mise Centre, Main Road, Broomfield, Chelmsford

Advanced Wealth have taken a new lease on confidential terms. The office building measures 1,624 sq ft and the quoting rent was £22,500 per annum.  

Find out more >
 
     
  7-9 Warner Drive, Braintree 

UK Electrical Wholesale Limited have taken 7,657 sq ft of warehouse space following a successful change of use to a trade counter operation. The quoting rent was £44,000 per annum.

Find out more >
 
     
  5 Tidemill Way, Woodbridge

Well located industrial premises of 2,233 sq ft let on a new 4 year lease to a private individual.

Find out more >
 
     
  9 Gower Street, Ipswich 

Town centre workshop premises of 667 sq ft let on a new 3 year lease to a private individual. 

Find out more >
 
     
 April 2015    
     
  Elton Park Works, Elton Park, Hadleigh Road, Ipswich

Detached warehouse unit measuring 14,365 sq ft with secure yard let on a new 3 year lease to Fortress Warehousing and Distribution Ltd.  

Find out more >
     
  7 High Road West, Felixstowe

Let to Formula One Auto Centres Limited on a new 15 year FRI business lease at the full asking rent of £35,000 per annum.

Find out more >
     
  118 High Street, Colchester

Acting on behalf of administrators for the former owner of 'Layer Cake', Fenn Wright have concluded the sale of the freehold interest in this mid-terraced, listed, A3 unit on the north side of the High Street. Offering 3,459 sq ft of retail and residential accommodation the property attracted competitive interest and has been acquired by a local company for investment purposes at a figure in excess of our £425,000 guide price. 

Find out more >
 
     
  21 Mason Road, Colchester 

Acting on behalf of F & C REIT Fenn Wright have let this substantial warehouse unit on a 15 year lease to Essex's first Trampoline park 'Jump Street'. The unit will consist of 125 interconnecting trampolines, creating 20,000 sq ft of bounce space. A rent in excess of £4 per sq ft has been agreed.

Find out more >

     
  Graphic House, 11 Magdalen Street, Colchester

This 3 storey office block with permitted development rights for conversion to 5 x 1 and 2 bedroom flats, was sold in conjunction with Fenn Wright's joint agents Savills, prior to Auction. The lot was bought by a local private developer looking to convert the building into private residential accommodation. The auction guide of £280,000 was exceeded. We have a similar opportunity likely to come to the market in Mid-April, contact lcc@fennwright.co.uk.   

Find out more >

     
  26 White Horse Lane, Maldon

Primary School Support Limited has taken a new lease on confidential terms following a successful Change of Use.   

Find out more >
 
     
  22 West Station Industrial Estate, Maldon 

A confidential tenant has taken 2,870 sq ft of industrial space on a new lease. 

Find out more >
 
     
  Unit 5 Cromwell Centre, Witham

A private individual has purchased the freehold interest in 3,956 sq ft of industrial space. 

Find out more >
 
     
  Unit 5 Grove Centre, Witham 

Havens Hospice has taken 2,025 sq ft of retail on a new confidential lease. 

Find out more >
 
     
 March 2015    
     
  Unit 13 Lady Lane Industrial Estate, Hadleigh

Industrial and office premises measuring 4,636 sq ft has been let to Blue Flame (Colchester) Ltd on a new 7 year lease.

Find out more >
     
  19-21 St Nicholas Street, Ipswich

Sold to a local occupier in excess of the guide price.

Find out more >
     
  63 North Hill, Colchester

An established and highly regarded beauty therapy business has acquired the freehold interest in this property which benefits from a self-contained rear car park and a high profile onto North Hill. 

The property comprises a detached, Listed, office building towards the top end of North Hill providing 2,082 sq ft (NIA) of space. Offered at an asking price of £375,000 the property was on the market for 3-4 weeks before terms were agreed at a figure very close to this asking price.

Find out more >
     
  17 & 18 Priory Walk, Colchester 

Prominent restaurant premises let. Acting on behalf of Eagle Colchester, Fenn Wright have let this 60 cover cafe/coffee shop on a new 6 year lease to an occupier with two similar outlets in nearby towns. 

The property offers 1,886 sq ft of accommodation and having previously traded as Compuccino, fell vacant in October 2014. After a 3 month marketing period terms have been agreed for a new 6 year lease at close to the asking rent of £24,000 per annum. 

Find out more >
   
  103 High Street, Maldon 

High Street retail unit measuring 1,198 sq ft has been let to EKO Toys on confidential terms.

Find out more >
     


Mill House, Bishops Hall Lane, Chelmsford

A Grade II Listed city centre office building 3,306 sq ft with parking has been sold to a confidential purchaser.  

Find out more >

     
  1 Warner Drive, Braintree 

An end terrace industrial unit measuring 1,040 sq ft has been let on confidential terms. The quoting rent £11,750 per annum. 

Find out more >
     
 February 2015    
     
  Unit 12 Court Farm, Brantham

Ipswich based photography and media company Aaron Lord Studio have taken premises at Court Farm in Brantham on a new 10 year lease.

Find out more >
     
  Unit 40 Boss Hall Business Park, Ipswich

Acting on behalf of the East of England Co-Operative Society, Fenn Wright have completed the letting of an industrial unit located on the popular Boss Hall Business Park on a new 3 year lease. 

Find out more >
     
  87-91 Springfield Road, Chelmsford

A semi-detached Grade II Listed city centre office building measuring 3,996 sq ft has been sold to a confidential purchaser. The property was being marketed with a guide price of £685,000.

Find out more >
     
  Unit 1, 69 Cutlers Road, South Woodham Ferrers 

An end of terrace industrial unit measuring 2,301 sq ft has been let to Gladstone Boots Limited. The quoting rent was £13,000 per annum.

Find out more >
     
  Unit 2, 69 Cutlers Road, South Woodham Ferrers

A mid terrace industrial unit measuring 1,567 sq ft has been let to SE Landscape Construction Limited. The quoting rent was £12,500 per annum.

Find out more >
     
  Unit 5, Greenacres, Drakes Lane Ind Est, Chelmsford

An end of terrace industrial unit measuring 1,300 sq ft has been let to a private individual for £9,900 per annum.

Find out more >
     
  Unit 15 Repton Court, Burnt Mills Industrial Estate, Basildon

A mid terrace industrial unit measuring 1,050 sq ft has been sold to a private individual. The quoting price was £120,000.

Find out more > 
     
  Northern Road, Sudbury

Acting on behalf of Mazars, administrators of Forward Wholesale Ltd, Fenn Wright have concluded the sale of the freehold interest in this high quality, purpose built, modern warehouse. Constructed in 2008 and offering 18,885  sq ft high bay warehousing the property attracted competitive interest and has been acquired by local company AFT Trenchers who are expanding.  

Find out more >
     
 

11 and 12 Mason Road, Colchester

Acting on behalf of F and C REIT, these two adjoining industrial premises have been let to expanding local company IKAS Kitchens. Offering a combined GIA of 6,250 sq ft, Fenn Wright secured 6 year terms offering upward only rent reviews after 3 years at a rent in excess of £5.75 per sq ft.

No property details available.

     
 

D10 The Cowdray Centre, Colchester

International guitar supplier Peach Guitars have doubled the size of their Colchester branch with the acquisition of Unit D10 at The Cowdray Centre. This increases the size of their facility to 5,700 sq ft. Peach, established in 1991 are a family business with a second Braintree outlet and have exclusive UK distribution rights on a number of top brands.

No property details available

     
 January 2015    
     
  Alresford Business Centre, Colchester

Prominent retail/industrial complex. Acting on behalf of a private freeholder a sale of this almost 17,000 sq ft complex of buildings has been agreed at close to the £675,000 asking price.

Find out more >
     
  Crusader Coach Depot, Clacton on Sea 

Purpose built Omnibus depot let to Veolia. Acting on behalf of London based investors Fenn Wright have completed a letting of this 14,000 sq ft vehicle depot. The letting provides for an 11 year lease at an average initial rent close to £2.50 per sq ft. There was competitive demand for the property. 

Find out more >
     
  19-19a Short Wyre Street, Colchester

Town centre retail/restaurant premises with a flat sold to a private individual. Acting on behalf of a private client Fenn Wright concluded the sale of this restaurant premises based in the centre of Colchester. 

Find out more >
     
  Unit 10, Sproughton Business Park, Farthing Road, Ipswich 

CWS Courier have taken 1,248 sq ft of industrial accommodation for a rent of £7,000 per annum.

Find out more >
     
  Units 1 & 2 Felixstowe Road, Nacton, Ipswich 

Admiral UPVC Specialists Limited has taken 3,292 sq ft of retail accommodation on a new lease.

No property details available. 
     
  Axis House, Stock Road, Galleywood, Chelmsford

A private individual has purchased a single storey office/retail premises with development potential. The property received strong interest and was sold requesting "best and final bids".

Find out more >
     
  46 East Street, Braintree

A private individual has purchased 9,176 sq ft of industrial space from a confidential client. The guide price was £395,000.

Find out more >
     
November 2014
   
     
  11 The Walk, Ipswich

Town centre retail premises let to Fish Face.

Find out more >
     

  6 Rutherford Centre, Ipswich

Eco Home Assessments Ltd have taken 1,078 sq ft of recently refurbished office accommodation on a new three year lease.

Find out more >
     

  5 Norwich Road, Ipswich

714 sq ft retail premises let to First Call Contract Services.

Find out more >
     

  Unit 5 Norfolk House, Needham Market

Modern ground floor office let to Proactive Logistics Ltd.

Find out more >
     
  Unit 4 Wheatear Industrial Estate, Witham

The Trade Inn Witham Partnership LP has taken 1,000 sq ft of industrial / warehouse space on confidential terms.

Find out more >
     

  104 Newland Street, Witham

Cabello Hair and Beauty (UK) Limited has taken a ground floor retail unit on a 10 year lease. The quoting rent was £14,500 per annum.

Find out more >
     

  7 Freebournes Court, Witham

GDL Interiors Limited has purchased 1,393 sq ft of office space over ground, first and second floors.  The guide price was £210,000.

Find out more >

     

  Unit 2 Radford Business Park, Billericay

Go Green Renewable Installations Limited has taken industrial / warehouse premise with a high office content on a new 5 year lease.  The quoting rent was £16,500 per annum.

Find out more >
     

  15a Radley Green Farm, Ingatestone

D+R Developments have taken a small rural office suite on a 12 month licence.

Find out more >
     

  Unit 4 Greenacres, Boreham

A private individual has taken 1,000 sq ft of industrial space from a confidential client.  The quoting rent was £8,220 per annum.

Find out more >
     

  12d West Station Industrial Estate, Maldon

Mike Riglin Nursing has purchased a 1,760 sq ft industrial / warehouse unit on the popular West Station Industrial Estate.  The quoting price was £130,000 which was exceeded due to competitive interest.

Find out more >
     
  Victoria Place, Colchester

Acting on the instructions of the East of England Co-Operative Society, Fenn Wright have sold Victoria Place, a 13,300 sq ft former headquarters office building to local charity, The Clacton Family Trust.  Planning consent for residential refurbishment was obtained by the prior notification process and works to convert the property into residential use are scheduled to begin soon.

Find out more >
     
  Dairy Depot, Tiptree

This 1.5 acre concrete surfaced dairy depot is occupied by Messrs Dairy Crest Ltd under the terms of a 10 year lease commenced February 2008 at a current rent of £37,000 per annum.  Terms have been agreed for a sale of the property for a sum in excess of £500,000.  The buyer was a nearby local company.

Find out more >
     

  28 Priory Walk, Colchester

Acting on behalf of Eagle Colchester Ltd, Fenn Wright have agreed terms for a new six year letting of 28 Priory Walk to a local delicatessen proprietor who has two other branches in North Essex.  Terms were agreed which reflect a Zone 'A' rent of a little over £40 per sq ft.

Find out more >
     
 October 2014    
     
  Hythe Station Yard, Colchester

Acting on behalf of the East of England Co-Operative Society, Fenn Wright have concluded the letting of a 1.2 acre surfaced yard with workshops, stores and offices.  The premises have been let to local vehicle recovery specialist Boyton Cross Motors for a 3 year lease period.  The asking rent was £40,000 per annum.

Find out more >
     

  St Nicholas House, Colchester

Prime Colchester retail unit acting on behalf of Dove Properties, Fenn Wright have concluded a letting of part of the former JJB Sports premises to Brasher Leisure Ltd T/as Sweatshop who retail specialist sports equipment focused on running and endurance sports and activities.  Terms were agreed for a new 11 year lease, and this letting signals full occupancy for this former JJB store, the adjoining unit fronting St Nicholas passage having being been let to the Entertainer in May 2014.

Find out more >

     
    Wheatear Industrial Estate, Witham

Fenn Wright has recently concluded the freehold sale of a multi-let industrial investment in Witham, Essex, currently yielding £99,600 per annum rental income.  The site comprises 13 industrial units.  The agreed purchase price reflects a net initial yield of 7.84% with a potential uplift to 9.16%.

To discuss investments like this in more detail or your own acquisition or disposal proposals please get in touch with James Wright (Chelmsford/Witham) or Lewis Chambers (Colchester).
     
    St Stephens Lane, Ipswich

Town centre retail premises let on behalf of private client to Fancy Dress Hut.

Find out more >
     
 September 2014    
     
  Fitzroy House, Crown Street, Ipswich - Acquired

15,700 sq ft office building acquired on behalf of Scrutton Bland Group on the basis of a pre-let of the premises, subject to extensive refurbishment prior to completion.

No details available.
     
  Haven Road, Colchester

Acting on behalf of Saint Gobain, Fenn Wright have recently concluded the assignment of the leasehold interest of this 2.43 acre site located in the Hythe area of Colchester.  Previously operating as 'International Timber', the 50 year unexpired term has been assigned to First Group PLC, who will site a new bus depot at the property.  A premium close to the asking price of £750,000 was achieved.

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  Unit 7 Parklands Business Centre, Leaden Roding

Pavlis Shop Fitting Ltd has taken 600 sq ft of light industrial/office accommodation at £6,000 per annum.

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  Unit 10 Heybridge House, Maldon

Motor Parts Direct have taken 2,755 sq ft of industrial/warehouse accommodation on a new ten year lease.  The achieved rent was £5.50 per sq ft.

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  Burnham-on-Crouch

An undisclosed tenant has taken 8,000 sq ft of industrial/warehouse accommodation on confidential terms.

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 August 2014
 
     
  66 High Street, Colchester

Let on behalf of a private client to the local NHS Trust for a 15 year term for D1 purposes.  The property offers a NIA over 3 floors of almost 3,000 sq ft and has a private car park for 12 vehicles. The terms agreed reflect a rent exceeding £13 per sq ft.

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  Unit 1 Drakes Lane, Boreham

Detached industrial premises on the established Drakes Lane Industrial Estate has been sold to a private individual.  The guide price was £400,000.

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  Showroom, Colchester Road, Witham

The former Ford showroom on Colchester Road, Witham, has been let to Big Cars Limited on confidential terms.

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  Unit 4 Wilford Bridge Road, Melton, Suffolk

Let.

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  544-550 Woodbridge Road, Ipswich, Suffolk

Sold to Greenscape Energy Ltd.

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  Unit 2 Perry Barn, Sproughton, Suffolk

Let to Galloping Chef.

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  Unit 8 Alpha Business Park, Ipswich, Suffolk

Let ot Futures for Children.

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  1-3 Gippingstone Road, Bramford, Suffolk

Sold.

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  19a Holywells Road, Ipswich, Suffolk

Newly refurbished industrial/warehouse premises let to Heat Group (UK) Limited on a new 5 year business lease.

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  Flexon Business Park, Wilburton, Cambridgeshire

Three freehold office buildings totalling 3,990 sq ft on a site of 1.148 acres sold at close to the guide price of £350,000.

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  CGM House, Main Road, Boreham

A prominent retail showroom with workshop and generous parking has been sold to a private individual for an undisclosed fee.  The property generated a great deal of interest and the purchaser was secured within 7 days.

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  Unit 3 Cromwell Centre, Witham

A mid terrace industrial unit has been sold to a private individual for an undisclosed fee.

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 May 2014    
     
  Unit 2 Edwards Walk, Maldon

Retail unit in popular shopping arcade measuring 797 sq ft has been let to Maldon Chiropractic on a new five year lease.

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  37/39 The Causeway, Maldon

Prominent building measuring 2,252 sq ft has been sold to a private individual.

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  55 High Street, Hadleigh

Prominent town centre retail premises 2,850 sq ft let on behalf of private landlord to a high quality cycle shop, The Pedal House Ltd.

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  41-43 St Nicholas Street, Ipswich

Commercial/residential investment producing £39,740 per annum, sold to private investors at a price close to the guide of £470,000.

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  Unit 1 St Margarets Way, Huntingdon

Prominent trade counter premises acquired on behalf of Kent Blaxill Limited.

No details available.
     
  Unit D - Alexandra Road, Sudbury

Modern 25,000 sq ft warehouse building with ancillary offices acquired on behalf of a retained client.

No details available.
     
  4a & 4b Bull Lane, Acton

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  40 Newland Street, Witham

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  Barnard Road, Galleywood

Let to a private individual on a ten year lease at £35,000 per annum.

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 March 2014    
     
  Great Tey Barn, Essex

4,265 sq ft of office accommodation sold for £532,500 in a combined effort by Fenn Wright's Commercial and Signature homes departments.  Planning for conversion to residential use was achieved under the temporary amendments to the General Development Order.

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  Former Minden Rose Public House, Bury St Edmunds - Sold

Detached former public house on site of 0.5 acres sold on behalf of Greene King Plc to private day care nursery at a price substantially in excess of the guide price.

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Pipers House, Ransomes Europark, Ipswich - Sold

Detached warehouse building 15,078 sq ft on a site of 1.1 acres, sold on behalf of SIPP client to John Grose Group Limited at a price close to the guide of £900,000.

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  70 - 72 Connaught Avenue, Frinton-on-Sea - Sold

853 sq ft retail unit sold on Frinton's popular Connaught Avenue, to London investment and development company, for £232,000.

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  Widford Hall, Widford Industrial Estate, Chelmsford

A charity has taken 3,233 sq ft of office space within a Grade II listed building on a new ten year lease.

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  Unit 6 Eckersley Road Industrial Estate, Chelmsford

A private individual has taken a city centre industrial unit measuring 979 sq ft on confidential terms.

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  19 East Hanningfield Industrial Estate, Chelmsford - Let

A private individual has taken 1,599 sq ft of industrial space on a new lease.

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  26 The Street, Heybridge, Maldon

A private individual has purchased a cafe with a two bed maisonette above close to the asking price of £115,000.

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  The Barn, Felsted Business Centre, Felsted

Vale Bridge Design have taken 2,481 sq ft of office accommodation on confidential terms.

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Fenn Wright Commercial Team | 2015







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