2 Europa Park, Eastway’s Industrial Estate, Witham, CM8 2FN

Location

The property comprises a mid terrace industrial/warehouse of steel portal frame construction with elevations of full height insulated profile metal panels. At the front of the property is a well presented two storey section which comprises a mix of staff facilities on the ground floor and open plan offices on the first floor. The offices on the first floor are well presented and benefit from raised floors, suspended ceilings with inset lighting and gas fired central heating. The industrial area to the rear benefits from evaporative air cooling, LED lighting and a minimum eaves height of 6.10m rising to 7.40m at the pitch. There is a loading door to the right hand side which measures approximately 3.60m wide and 4.90m high. Externally there is a generous parking area to the front of the property as well as a dedicated area outside the loading door. Please refer to the floor plan for further information.

LOCATION
The property is situated on Europa Park, a modern industrial park on the popular Eastway's Industrial Estate. Eastway's Industrial Estate is located approximately one mile to the north east of Witham town centre and the property is less than a mile from Junction 22 of the A12. The A12 provides good connections to the East coast ports of Felixstowe & Harwich, the M25, M11 and Stansted Airport. A frequent main line rail service is available from Witham Station to London Liverpool Street with a journey time of approximately 45 minutes.

ACCOMMODATION
[Approximate Gross Internal Floor Areas]
Ground Floor
Industrial/Warehouse - 6,357 sq ft [590.59 sq m]
Stores/Canteen/WC - 1,872 sq ft [174.00 sq m]
First Floor
Offices - 1,872 sq ft [174.00 sq m]
Mezzanine - 365 sq ft [33.93 sq m]
Total - 10,466 sq ft [972.52 sq m]

ENERGY PERFORMANCE CERTIFICATE [EPC]
We have been advised the premises falls within Band D (100) of the energy performance assessment scale. A full copy of the EPC assessment and recommendation report is available upon request.

SERVICES
We understand the property is connected to mains water, drainage, gas and three phase electricity. We have not tested any of the services and all interested parties should rely upon their own enquiries with the relevant utility company in connection with the availability and capacity of all of those serving the property including IT and telecommunication links.

BUSINESS RATES
We are advised that the premises have a rateable value of £80,000. Therefore estimated annual rates payable of approximately £43,680 (2024/25). Interested parties are advised to make their own enquiries.

PLANNING
We understand the premises has an established B2 & B8 Use. All parties are advised to speak to the Local Authority for clarification of their intended use.

LOCAL AUTHORITY
Braintree District Council
T. 01376 552525

TITLE
The property is held freehold under Title EX723810.

TERMS
The property is offered for sale freehold with vacant possession.

GUIDE PRICE
£1,695,000 (One Million Six Hundred and Ninety Five Thousand Pounds)

VAT
We understand VAT is not applicable.

LEGAL COSTS
Each party to bear their own legal costs incurred in this transaction.

ANTI-MONEY LAUNDERING REGULATIONS
Anti-Money Laundering Regulations require Fenn Wright to formally verify a prospective purchaser's identify prior to the instruction of solicitors.

VIEWINGS STRICTLY BY APPOINTMENT VIA SOLE SELLING AGENTS:

James Wright
E: jw@fennwright.co.uk

Summary

Key points

• Industrial/Warehouse with Offices
• Excellent Parking
• Rare Freehold Opportunity
• Established Industrial Estate
• Close Proximity to the A12
• Three Phase Power and Gas Supply
• Contact

Fenn Wright
Tel: 01245 261226
James Wright
jw@fennwright.co.uk