Light Industrial / Storage / Warehouse Unit

Key Points

• Established popular Industrial Estate in Bishop Stortford
• Excellent location for access to Stansted Airport, M11, & M25
• Light industrial with rear loading access
• Ideal location to service Hertfordshire, Essex, Cambridgeshire and London

Description

The property comprises of a traditional end terrace industrial building of brick and block construction. The accommodation includes main workshop/production area with ancillary areas (office, reception and WCs). Access into the building is via roller shutter door at one end and pedestrian access at the other. There is a concrete yard to the rear with communal parking available to the front of the property.

The building benefits from an roller shutter door, and 3-phase electricity. The property benefits from 3.8m eaves. The rear roller shutter door is 2.27m width and 2.80m height. The side roller shutter doors are 3.4m in height and 5.7m in width.

Available area

The premises provide the following gross internal areas:

Location

The property is located within Raynham Road Industrial Estate, accessed via Dunmow Road (A1250) and approximately 1 mile from Junction 8 of the M11 Motorway (which provides access to the M25 Motorway). The location on the edge of Bishop Stortford, Hertfordshire, is well connected to Stansted Airport which is less than ten minutes drive. The location is approximately 27 north east of central London and sits close to the county boundary with Essex.

Viewings

For further information or viewings, please contact the sole agent:
Francois Neyerlin
Telephone: 0114 281 2183
Email: francois.neyerlin@smcommercial.co.uk

Rating Assessment

From the information obtain from the Valuation Office Agency website the demise is rated as follows:

Address: 26-27 Raynham Road, Bishop Stortford, Herts, CM23 5PE
Description: Factory and Premises
Rateable Value: £24,000

Using the 2019/20 Small business multiplier of 49.1p, would equate to £11,784 rates payable for the year. We advise prospective parties to verify the rateable value and business rates payable by making their own enquiries with the local rating authority.

Service Charge

A service charge is payable towards the upkeep and maintenance of the estate. Further information is available on request.

Lease Terms / Rent

The premises are available on a new full repairing and insuring lease on terms to be agreed. Rent £35,000 per annum exclusive.