Capricorn Centre, Cranes Farm Road, Basildon, Essex, SS14

£795,000

Guide price

LOCATION:

This office unit is situated on the Capricorn Centre, a well established Business Park just off Cranes Farm Road, Basildon. The property provides easy access to bothethe A13 and A127, with Basildon situated 25miles (40 km) east of Central London and 11 miles (18 km) south of the city of Chelmsford. Nearby townsinclude Billericay to the north, Wickford to the northeast and South Benfleet to the east.

DESCRIPTION:

An end terrace, two storey office building which has been extensively refurbished by the current owners to provide 10 exceptionally well appointed serviced office suites. The premises benefit from triple glazed window units, intercom and CCTV system, independent security alarams toeach office, 9 car parking spaces and highly specified communal areas.

The building is fully let and, after outgoings, currently produces £80,000 p.a.

Terms We are advised that the premises currently produce £94,020 pa (Approx £80,000 p.a. net of Rates, Utility & Alarm servicing costs) and that the suites are let by vrtue of 1 and 2 year licences.

The property is available for freehold purchase subject to an asking price of £850,000.

Features Serviced Office Complex. 10 Suites. High Specification. 9 Car Spaces. Fully Let. Producing approx £80,000 p.a. Net.

Business Rates The property is entered on the 2017 rating list as Offices and Premises with a current rateable value of £24,250 and we are advised that for 2017/18 the total rates payable amount is £11,640.

Energy Performance Certificate A copy of the EPC is held by Dedman Gray and can be viewed on request.

Accommodation Office Size

1 244 sq ft

2 114 sq ft

3 114 sq ft

4 185 sq ft

5 93 sq ft

6 102 sq ft

7 139 sq ft

8 & 9 318 sq ft

10 259 sq ft

Please note that it has not been possible for Dedman Gray to undertake a full measured survey of individual suites. The reported areas (which have been provided by the client) will therefore need to be verified.

Arrange viewing 01702 781134

Dedman Gray

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