Unit 2, Fourth Avenue, Bluebridge Industrial Estate, Halstead, Essex, CO9 2SY
£107.40 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
9,078 sq ft
843 sq m
- SECTOR
Commercial property for sale
Key features
- PRODUCING INCOME OF £65,000 PA
- STRONG COVENANT
- LET ON FRI LEASE UNTIL JUNE 2028
Description
The property comprises a substantial industrial / warehouse unit, currently occupied by Thorntons Limited (trading as Eat Natural), and used as a production facility.
The industrial area comprises two bays with 5m eaves height, with offices to the front, plus loading bay addition and mezzanine floor additions.
There is space for parking to the side.
The building is currently connected to the adjoining unit via a walkway.
Location
The property is located on the Bluebridge Industrial Estate, located just off the Colchester Road in Halstead, approximate 6 miles to the north-east of Braintree, and 15 miles east of Colchester.
Bluebridge Industrial Estate is a busy and well-established industrial estate, with a mix of national and independent occupiers including Travis Perkins, Eurospares, and Grimaldi Engineering.
Thorntons have a large presence on the estate, occupying at least 8 units.
Accommodation
Total GIA: 9,078 sq ft (843.37 sq m)
plus mezzanine floor
Tenure Comments
The freehold interest is for sale, subject to the existing lease.
The property is let to Thorntons Limited by way of an FRI lease expiring 24th June 2028, at a rent of £65,000 per annum. The lease is guaranteed by Ferrero UK Limited.
£975,000 reflecting a Net Initial Yield of 6.67%.
Legal Costs
Each party to be responsible for their own legal costs incurred.
Viewing
Strictly via prior appointment with sole agents Elwell Taylor ).
VAT
We understand the property is not elected for VAT
EPC
EPC Rating to be confirmed.
Brochures
Unit 2, Fourth Avenue, Bluebridge Industrial Estate, Halstead, Essex, CO9 2SY
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Chappel & Wakes Colne Station4.4 miles
- Bures Station5.2 miles
- Braintree Station6.2 miles
Notes
Disclaimer - Property reference 179FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Elwell Taylor Commercial, Chelmsford. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Map data ©OpenStreetMap contributors.