Units 11 & 12, 19-25 Second Avenue Bluebridge Industrial Estate Halstead Essex CO9 2SU

  • Units 11 & 12, 19-25 Second Avenue<br>Bluebridge Industrial Estate<br>Halstead<br>Essex<br>CO9 2SU

Units 11 & 12, 19-25 Second Avenue
Bluebridge Industrial Estate
Halstead
Essex
CO9 2SU

Freehold Industrial Investment

  • Let to Brooks Transport Services Limited until December 2021 (subject to option)
  • Located on established industrial estate
  • Nearby occupiers include Travis Perkins, Bolt Building Supplies, Strand Systems and Eurospares
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot
    67
  • Auction
    21st May 2015
  • Rent
    £30,561 per Annum Exclusive
  • Status
    Sold
  • Price
    £327,000
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
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Freehold Industrial Investment

  • Let to Brooks Transport Services Limited until December 2021 (subject to option)
  • Located on established industrial estate
  • Nearby occupiers include Travis Perkins, Bolt Building Supplies, Strand Systems and Eurospares
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot 67
  • Auction 21st May 2015
  • Rent £30,561 per Annum Exclusive
  • Status Sold
  • Price £327,000
  • Sector
    Industrial, Warehouse
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
Miles
13 miles west of Colchester, 22 miles north of Chelmsford, 7 miles north-east of Braintree
Roads
M11 (Junction 11), A131, A12, A120
Rail
Braintree Railway Station
Air
Stansted Airport
Situation

The property is situated on the northern side of Second Avenue which forms part of the established Bluebridge Industrial Estate to the east of Halstead town centre. Nearby occupiers include Travis Perkins, Bolt Building Supplies, Strand Systems and Eurospares.

Tenure

Freehold.

Location
Miles
13 miles west of Colchester, 22 miles north of Chelmsford, 7 miles north-east of Braintree
Roads
M11 (Junction 11), A131, A12, A120
Rail
Braintree Railway Station
Air
Stansted Airport
Situation

The property is situated on the northern side of Second Avenue which forms part of the established Bluebridge Industrial Estate to the east of Halstead town centre. Nearby occupiers include Travis Perkins, Bolt Building Supplies, Strand Systems and Eurospares.

Tenure

Freehold.

Description

The property comprises two industrial units benefitting from an eaves height of approximately 3 metres (10 ft) and two vehicle access loading doors. The property benefits from ancillary offices and a yard area for turning and parking.

Six Week Completion

Note
2 Second Avenue is being offered separately as lot 65

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises two industrial units benefitting from an eaves height of approximately 3 metres (10 ft) and two vehicle access loading doors. The property benefits from ancillary offices and a yard area for turning and parking.

Six Week Completion

Note
2 Second Avenue is being offered separately as lot 65

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Unit Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x. Review/(Reversion)
11/12 Ground/
First		 Industrial/
Ancillary
945.28 sq m
(10,175 sq ft)
 BROOKS TRANSPORT
SERVICES LIMITED (1)		 10 years from 22/12/2011 on a full repairing and insuring lease (2) £30,561 22/12/2016
(21/12/2021)
Totals    
945.28 sq m
(10,175 sq ft)
     £30,561  

1) Brooks Transport Services Limited provides a range of transport and international logistics services including warehousing, distribution and road haulage throughout the UK and overseas. (Source: www.brooks-transport.co.uk 01/04/15)
(2)The lease provides for a tenant option to determine the lease on 22/12/2016.

Contacts

Acuitus
Henry WilkinsonHenry Wilkinson +44 (0)20 7034 4861 Henry.wilkinson@acuitus.co.uk
Seller's Solicitors
CMS Cameron McKenna Nabarro Olswang LLP 1 South Quay, Victoria Quays
Sheffield
S2 5SY
Jonathan Smith 0114 279 4129j.smith@nabarro.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk
Property InsuranceBrown & BrownNatasha WardBroking Director+44 7545 208 759bbrown.com

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