Land for sale
Property description & features
- Tenure: Freehold
- Commercial investment land
- 0.1 acres
- Rental income £5,000 per annum
LOCATION AND DESCRIPTION
This freehold land extending to 0.041 hectares (0.1 acres) is situated to the rear of 9-13 Newland Street, Witham and is accessed via Mayland Road to the rear. The land is currently let. Long term it may offer potential for alternative uses, subject to all necessary consents being obtainable.
TENANCY
Let under the terms of a commercial lease for a period of 50 years (less 6 days) from 3rd July 2019 and ending on 27th June 2069, at a current rental of £5,000 per annum.
LOCAL AUTHORITY
Braintree District Council
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SERVICES
Interested parties are to rely on their own investigations.
BUSINESS RATES
Interested parties are to rely on their own investigations and advised to contact the local authority for further information.
SALE PROCESS
The freehold property is offered for sale subject to the existing leases via Clive Emson Auctioneers on Wednesday 11th December 2024 commencing 11.00am. Guide price is £70,000-£75,000 plus fees.
For further information and access to the legal documents, please refer to Clive Emson Auctioneers' website
VIEWING
On site during daylight hours, taking care to avoid trespass en-route.
CONTACT:
Clive Emson Auctioneers
First Floor, 129 New London Road, Chelmsford, Essex, CM2 0QT
Contact:
Paul Bridgeman
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Or
Fenn Wright
20 Duke Street, Chelmsford , Essex, CM1 1HL
Contact:
John Logan
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E: [use Contact Agent Button]
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Property reference 14870574FH. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Fenn Wright - Witham & Chelmsford Commercial.
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
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Energy Performance data and Internal floor area
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