Armstrong Road, Manor Trading Estate, Benfleet, Essex, SS7
£480,000

Guide price

DESCRIPTION:

An end of terrace warehouse building with 4 parking spaces to the front of the premises. The property is let to commercial tenant by virtue of a 3-year lease commencing 1st April 2021 and is therefore being offered as a freehold investment.

The property is situated on the established Manor Trading Estate in Benfleet. The estate is accessed from Church Road which is an artery road north of the London to Southend Road (A13). The trading estate is approximately ¾ mile to the east of the Sadlers Farm roundabout which gives access to the A130 Canvey Way and the more recently constructed A130 extension to Chelmsford. Basildon is approximately 3 miles to the west and Southend-on-Sea 6 miles to the east.

Accommodation The premises have been measured on a Gross Internal (GIA) basis, and the following approx. floor areas calculated:

Warehouse: 2,748 sq ft 255.3 sq ms Rear Yard: 1,099 sq ft 102.1 sq ms

Price Freehold available subject to an asking price of £480,000 (plus vat only if applicable).

Tenure The premises are currently occupied by virtue of a 3 year lease commencing 1st April 2021 at a rent of £25,000 pa.

Planning Interested parties are advised to contact Castle Point Planning Department to ensure that any proposed use in in accordance with current planning policy.

Business Rates The property appears on the 2023 rating list as Workshop & Premises with an adopted Rateable Value of £12,250

Energy Performance Certificate (EPC) We are advised that the property has an Energy Performance Certificate (EPC) rating of D-86, valid until 30th April 2031.

Legal Costs Each party to be responsible for their own.

01702 781134

Dedman Gray

103 The Broadway, Thorpe Bay, Essex

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