Unit 1, Old Mead Road, Elsenham CM22 6JL

Property Details: • Type: 68,570 sq ft • Tenure: N/A • Floor Area: N/A

Key Features: • Rare freehold opportunity • Substantial warehouse/industrial facility built over two periods (1940s and 1990s) • Minimum eaves height of 4.75 m rising to 8.3 m in older part • 3 x level door openings • Three-phase power • Newer part has 3 x level access roller shutter doors and 1 x dock level loading door • Two good-sized yard areas • Close to M11 Junction 8 and A120 • 7-minute drive to Stansted Airport

Location: • Nearest Station: Elsenham Station • Distance to Station: 0.3 miles

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

Full Description: A substantial warehouse/industrial facility built over two periods. The front part of the property, which measures 27,862 sq ft and provides a current income of £180,000 per annum, is estimated to be circa 1940s built, being of steel frame construction under a triple pitched roof with metal roof trusses, providing a minimum eaves height of 4.75 m with a ridge height of 8.3 m. The roofing material is asbestos cement, as are the majority of the side elevational clad panels. The remainder of the elevation is brickwork to approximately 3 m. This area benefits from 3 x level door openings, gas and three-phase power. To the side of the property is a single-storey brick-built extension offering office accommodation. To the front is a good-sized concrete yard area.

Attached to the 1940s built warehouse site is a more modern warehouse facility constructed circa 1995. This provides for 40,708 sq ft and is currently vacant, which would suit an owner occupier or has an ERV of £488,500 per annum (£12.00-psf). This is of steel frame construction with profile sheet cladding, both on the roof and elevations. Side loading doors consist of 3 x level access roller shutter doors and 1 x dock level loading door under a recessed canopy. This space has strip lighting, electric heating and is currently fitted with full mezzanine flooring (although we understand this will be removed when the current Tenant vacates). Externally there is a good-sized full concreted yard area.

The property is situated opposite Elsenham railway station and is located only 3.5 miles from the A120 and 5.5 miles from M11 Junction 8 and thereafter the wider motorway network. It is approximately 21 miles from M25 Junction 27 and just a 7-minute drive from Stansted Airport, which provides a European hub for air travel and also a mainline station which offers regular rail services to London Liverpool Street and Cambridge.