2 Freebournes Road, Witham, Essex, CM8 3DG

For Sale : GBP 1225000

Details

Property Type
5,833 sq ft

Description

Property Details: • Type: 5,833 sq ft • Tenure: N/A • Floor Area: N/A

Key Features: • Brand new semi-detached unit with tenant in situ • Headline rent £78,745.50 per annum (£13.50 psf) • Net initial yield of 5.95% • Many green initiatives including low air permeability design, high performance insulated cladding and roof materials, electric vehicle charging points • BREEAM 'Very Good' • Direct road access onto the A12 at Junction 22 in both directions

Location: • Nearest Station: Witham Station • Distance to Station: 0.7 miles

Agent Information: • Address: 100 South Street, Bishop's Stortford, CM23 3BG

Full Description: A rare opportunity to acquire a newly developed semi-detached industrial unit located on the premier industrial estate in Witham.

The property was developed by Chancerygate in 2023 to a market leading specification with excellent ESG credentials. It benefits from unrestricted 24-7 access under planning use classes E(g)(iii), B2 & B8.

Unit 2 benefits from the following green initiatives: Low air permeability design 15% warehouse roof lights, increasing natural daylight High performance insulated cladding and roof materials BREEAM 'Very Good' EPC rating of B (33) Electric vehicle charging points Secure cycle storage to encourage cycling to work

The property is let to Evri Limited on a full repairing and insuring lease expiring on 28 February 2030 at a headline rent of £78,745.50 per annum, reflecting £13.50 per sq ft. The property is to be sold with a clean freehold title.

Situated adjacent to the A12 dual carriageway, Freebournes Park provides direct road access onto the A12 at Junction 22 in both directions.

Witham is located within the Braintree District, approximately 8 miles from Chelmsford and 13 miles from Colchester. The Ports of Felixstowe and DP World London Gateway are 41 and 32 miles away respectively. Stansted Airport is approximately 24 miles from the site.

Ipswich, Chelmsford, Colchester, Braintree, Maldon, Basildon, Brentwood and Harlow are all easily accessible given the scheme's central location and excellent links to major road networks.

Location

Address
2 Freebournes Road, Witham, Essex, CM8 3DG
City
Essex

Features And Finishes

Brand new semi-detached unit with tenant in situ, Headline rent £78,745.50 per annum (£13.50 psf), Net initial yield of 5.95%, Many green initiatives including low air permeability design, high performance insulated cladding and roof materials, electric vehicle charging points, BREEAM 'Very Good', Direct road access onto the A12 at Junction 22 in both directions

Legal Notice

Our comprehensive database is populated by our meticulous research and analysis of public data. MirrorRealEstate strives for accuracy and we make every effort to verify the information. However, MirrorRealEstate is not liable for the use or misuse of the site's information. The information displayed on MirrorRealEstate.com is for reference only.
Real Estate Broker
Coke Gearing Consulting, Bishops Stortford
Brokerage
Coke Gearing Consulting, Bishops Stortford
Profile Brokerage Website
Top Tags
Headline rent £78 745.50 per annum
Likes

0

Views

14

This website uses cookies to ensure you get the best experience. Learn more