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Office for sale

High Street, Thorpe-Le-Soken CO16
Office
5,363 sq ft / 498 sq m
Added > 14 days

Features and description

  • Tenure: Freehold
  • Commercial Investment
  • 15x Offices/Storage Units
  • Fully Let Yield of £72,638.90 PA
  • 13/15 Units Currently Occupied
  • Thorpe-Le-Soken
  • EPC B (The Factory) E (The Works)
A unique opportunity to acquire this high yielding, commercial investment in the village of Thorpe-Le-Soken. The property is currently producing £61,598.90 PA with an anticipated yield of £72,638.90 at full occupancy. The opportunity comprises a recently converted factory offering 6 individual offices, a second building split into 6 offices and 3 storage units as well as a large car park.

The Property - Comprising two buildings with a total lettable area of approximately 5363 Sq Ft. 13 of the 15 spaces are currently let.

The Factory - A two storey detached former factory which was converted approximately 6 years ago
The Works - A single storey detached building

Site - Approximately 0.43 acres in total, comprising three separate titles.

Location - The site is located in a recessed position off of the High Street in the village of Thorpe-Le-Soken. Accessed via two entrances from the High Street. Thorpe-Le-Soken is a village in the Tendring District of North Essex with a population of circa 2,500, well served by amenities and situated between Weeley & Frinton-on-Sea.

Schedule - A full schedule of current tenancies is available upon request.

Vat - We are advised that the property is elected for VAT and therefore VAT will apply to the purchase price.

Business Rates - Offices are rated individually for Business Rates and are the liability of the Tenants.

Services - We understand that mains electricity, water and drainage are connected. Heating to The Factory via LPG.

Agents Note Sales - PLEASE NOTE - Although we have not tested any of the Gas/Electrical Fixtures & Fittings, we understand them to be in good working order, however it is up to any interested party to satisfy themselves of their condition before entering into any Legal Contract.

Aml - ANTI-MONEY LAUNDERING REGULATIONS 2017 - In order to comply with regulations, prospective purchasers will be asked to produce photographic identification and proof of residence documentation once entering into negotiations for a property.

Property information from this agent

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About this agent

Lamb & Co - Commercial
Lamb & Co - Commercial
Unit 2, Crusader Business Park, Stephenson Road West Clacton-on-Sea, Essex CO15 4TN
01255 481355
Full profileProperty listings
Our flock of local sales, lettings and land & new homes experts are led by managing director,
Callum Lamb who has over 15 years’ experience in the property industry. Callum's expertise and
innovation has enabled us to collaboratively pioneer a customer-first premium brand that has
become a market leader across the Tendring district. With ambition and heart, we striv... Show more
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