Units 26 & 27, Raynham Industrial Estate, Raynham Road, Bishop Stortford, CM23 5PE – Industrial Unit

£35,000 pa



Full Description

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.

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.

Accommodation
The premises provide the following gross internal areas:
Workshop / Offices / Reception / WC 4,566 Sq ft (424.20 Sq m)

Business Rates
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.

Viewings
For further information or viewings, please contact:
Stephen James
Telephone: 07768585551
Email: stephen@whatnorent.co.uk

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Contact Us

Stephen James
5A High Street, Hornchurch
RM11 1TP