For RentLand / Development

Industrial to let - Unit 4, Waterside Business Park, Eastways, Witham, CM8 3PL

Unit 4, Eastways, Witham, CM8 3PL

Industrial to let - Unit 4, Waterside Business Park, Eastways, Witham, CM8 3PL
Rent
£360,000 pa
Size
56,962 sq ft
Use Class
A
EPC
B
Listed
2 months ago

Property Description

<strong>Description</strong><br>The premises are understood to have been built in 2002 and comprise a steel portal frame warehouse with insulated panelling to the roof and elevations with inset brickwork and glazing to the office areas.<br /> <br /> Internally there are offices provided over ground and first floor levels with a mix of meeting rooms, open plan and cellular offices together with staff breakout and welfare facilities. There is an 8 person passenger lift providing access to the first floor.<br /> <br /> The warehouse benefits from 7 dock level doors, 1 level loading door, an eaves height of C.7.8m, LED lighting, racking and set within a secure gated site with a yard depth of 30m.<br /> <br /> To the front of the property is a car parking area with provides parking for C. 24 cars, together with a cycle store.<br /> <br /> The property occupies a site of approx.. 2.37 acres (0.96 ha).<br><br><strong>Planning</strong><br>Planning consent was granted on 25ᵗʰ July 2001 for the ‘Erection of a new warehouse with offices’ Ref: 01/00356/FUL a use which falls under Class B8 of the Town & Country Planning Act 1987, as amended.<br /> <br /> Interested parties should satisfy themselves as to the suitability of the current planning consent for their proposed use of the premises by contacting the Local Planning Authority, Braintree District Council.<br><br><strong>Business Rates</strong><br>From internet enquiries of the Valuation Office Agency (www.voa.gov.uk) website we understand that the premises have a Rateable Value of £360,000 (April 2023 Listing).<br><br><strong>EPC</strong><br>The premises have an EPC rating of B:44.<br><br><strong>Services</strong><br>It is understood that the property is connected to mains three phase electricity, water, drainage, gas and Fibre Broadband.<br /> <br /> We have not tested any of the services and all interested parties should reply upon their own enquiries with the relevant utility companies in connection with the availability and capacity of all those serving the property including IT and telecommunications links.<br><br><strong>Important</strong><br>The services, fixtures, fittings, appliances and other items of equipment referred to have not been tested by this firm and therefore no warranty can be given in respect of their condition. <br /> <br /> Interested parties should satisfy themselves as to their condition.<br><br><strong>Terms</strong><br>The premises are available on a new Full Repairing & Insuring (FRI) Lease for a term by negotiation at a rental of £550,000 pax.<br><br><strong>Legal Costs</strong><br>Each party will be responsible for their own legal costs incurred in the transaction.<br><br>

Costs & rates

Rates payable
£360,000 p.a.

Total annual occupancy cost

Estimate only — confirm exact figures with the agent.

Rent
£360,000
Business rates
+ £360,000
Total per year
£720,000
£60,000 / month≈ £12.64 / sq ft / year
Service charge not listed — ask the agent for the confirmed figure.

Documents

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Savills
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Location

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