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For Sale: £1,175,000

Sold

Kennedy Way, Clacton On Sea, Essex, CO15

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  • Area

    area
    14854Sq Ft

The property comprises a purpose built industrial building located towards the front of a generous site and having two floors of offices fronting Kennedy Way. The site is fenced, gated and secure and the main industrial building benefits from a concrete apron and full heigh roller shutter into the northern elevation. There is a generous hardcore surfaced yard at the northern end of the site.

The main space benefits from a 4.5 metre minimum eaves heigh, three phase power and compressed air conduit throughout, a clear span and good levels of natural and artificial lighting. The property has a concrete floor, and is heated and there is ancillary mezzanine area along the northern elevation.

The site is subdivided into the main site extending to 0.9 of an acre (0.365 hec) and a secondary self contained site offering a further 0.5 of an acre (0.20 hec).

A mains sewer crosses the site running approximate parallel with the rear or east boundary and marked on the plan by blue dotted line. Please see our indicative plan on page 3.

Accommodation
(Approximate gross internal measurements)
Main Industrial Unit Main Industrial Unit
Ground Floor 11,470 sq ft (1,065.6 sq m)
First Floor Offices 1,937 sq ft (180 sq m)
Mezzanine 1,447 sq ft (134.4 sq m)
Total 14,854 sq ft (1,380 sq m)

Services
We understand that the mains water, electricity, gas and drainage area all connected and that the electricity is a three phase supply. We have not tested any of the services or service installations and cannot give any warranty regarding their efficiency or operation.

Planning
The property is not listed or within a Conservation Area and is sited within an established industrial estate which is allocated for employment use by Tendring District Council.

Business Rates
The property currently has an assessment in the rating list as 'Factory & Premises', with a rateable value of £30,250.

Energy Performance Certificate (EPC)
We have been advised that the premises fall within class D (81) of the energy performance assessment scale. A full copy of the EPC assessment and recommendation report is available from our office upon request.

VAT
We are advised that the property is not elected to VAT.

Terms
The property is available for sale on the following terms:
Main Site - 0.9 acres and 14,854 sq ft. For sale at £950,000 for the freehold interest with vacant possession.

The 0.5 Acre Site at the southern end of the site is also available freehold for the sum of £225,000.

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.

Viewing
Strictly by appointment via sole agents:
Fenn Wright

Features

  • Industrial Premises With Land
  • Total Site Area 1.4 Acres (0.56 Hec)
  • Fenced, Gated & Secure Site
  • Available In Two Lots
  • Considerable Development Potential - 25% Site Cover
  • EPC Rating: D (81)

Map

Call our

Development team on

01206 216 565
Make an enquiry

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