Former Gamet Bearings Facility
Hythe Station Road
Colchester
Essex
CO2 8LD

Freehold Industrial Refurbishment and Development Opportunity

  • Approximately 2,847.46 sq m (30,650 sq ft)
  • Site area of approximately 1.10 acres
  • (0.45 hectares)
  • Re-development, Change of Use and Refurbishment Potential (Subject to Consents)
  • Of interest to owner occupiers, investors and developers
  • Established Industrial location very close to Hythe Railway Station and very close to a large Tesco Superstore
  • Lot
    8
  • Auction
    09/Jul/2020
  • Vacant Posession
  • Status
    Available
  • Price*
    £750,000
  • Sector
    Industrial/Warehouse
  • Auction Venue
    Live Streamed Auction
Video of PropertyImportant Auction & Property Update
  • Former Gamet Bearings Facility<br>Hythe Station Road<br>Colchester<br>Essex<br>CO2 8LD
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* More information on the term "price" can be found here

Property Information

Location
Miles
17 miles east of Braintree
25 miles north-east of Chelmsford
Roads
A12, A120
Rail
Hythe
Air
London Southend Airport/ London Stansted
Situation

The property is located in Hythe, part of Colchester's traditional industrial heartland, on a well established industrial estate, with good road links to the M25 via the A12 and M11 via the A120. The property is located on the north side of Hythe Station Road, at its junction with Greenstead Road, less than 200 metres from Hythe train station and opposite a large Tesco Superstore. The University of Essex Colchester campus is located approximately 1 mile south-east. Other nearby occupiers include Costa Coffee, Thrifty Car Hire, Screwfix and Easyfit Tyres.

Tenure

Freehold.

Description

The property comprises a large, detached industrial building which offers circa 4m eaves heights, concrete floors, three phase power, lighting and a loading door onto a rear yard. The property is fronted by a two storey office. The property benefits from forecourt parking for approximately 15 cars.

VAT

VAT is applicable to this lot.

Planning

For further information please contact Colchester Borough Council: T: 01206 282424 E: building.control@colchester.gov.uk

Completion Period

Six Week Completion Available

EPC

Band E. See legal pack at www.acuitus.co.uk.

Tenancy & Accommodation

FloorUseGross Internal Floor Areas
(Approx)
Possession
Ground
Ground
First
Warehouse
Offices
Offices
2,452.62 sq m
197.42 sq m
197.42 sq m
(26,400 sq ft)
(2,125 sq ft)
(2,125 sq ft)
VACANT
Total
2,847.46 sq m
(30,650 sq ft)
 

If you are the successful bidder, Acuitus requires a separate payment of £1,000 inclusive of VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Due to the current restrictions in movement throughout the UK, the property may not have been inspected by Acuitus. Some photographs may not be current and these will be dated where this is the case. Plans showing nearby occupiers and mention of nearby occupiers may reflect a dated situation as some tenants are not currently in occupation. Floor areas and accommodation details are likely to have been obtained from VOA.Gov.UK and the Vendor.

Property Documents

  • Solicitors Legal Pack
    Updated Date
    29.06.20
    File Size
    73 MB
    Login to View
  • Catalogue Page
    Updated Date
    22.06.20
    File Size
    540 KB
    View PDF
  • Site Plan
    Updated Date
    22.06.20
    File Size
    749 KB
    View PDF
  • Common Auction conditions
    Updated Date
    01.07.20
    File Size
    277 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF
  • Money Laundering Regs
    Updated Date
    20.05.20
    File Size
    694 KB
    View PDF
  • Customer Due Dilligence Form
    Updated Date
    20.05.20
    File Size
    585 KB
    View PDF

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
George GoucherGeorge Goucher +44 (0)20 7034 4860george.goucher@acuitus.co.uk
Associate Auctioneers
Whybrow Chartered Surveyors
Ewan Dodds 07957 862773ewan.dodds@whybrow.net
Seller's Solicitors
Addleshaw Goddard LLP
David Harvey 0131 222 9533david.harvey@addleshawgoddard.com

Useful Links

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