Lot 23
    Industrial Park
    Units 18-32 (Evens)
    18 Cutlers Road, South Woodham Ferrers, Chelmsford, Essex, CM3 5XJ
    Sold for £462,000.
     
    Number 1
    A Terrace of Eight Industrial Units. Four Units are Let Producing £36,750 Per Annum. Four Units are Vacant. ERV when Fully Let is £73,500 Per Annum.

    Description

    The property comprises a a row of eight industrial units situated on a plot measuring approximately 1,367 sq m / 14,714 sq ft

    Tenure

    Leasehold. The property is held on a 125 year lease from 1st June 1982 (thus approximately 84 years unexpired) with an annual ground rent of £10,000

    Location

    The units are situated on an industrial estate mainly occupied by local businesses with some national operators such as Travis Perkins. Transport links are provided by South Woodham Ferrers rail station.

    Tenancy

    4 of the units are currently let for a combined total income of £36,750 per annum. 4 of the units are vacant. Please refer to the legal pack for further information.

    Current Rent Reserved

    Current Rent Reserved £36,750 per annum
    For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on
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