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5A Lakes Rd

3,388 - 8,285 SF Condo Units Offered at $471,525 - $1,320,270 Per Unit in Braintree CM7 3QS

EXECUTIVE SUMMARY

The property comprises a detached industrial unit of steel frame construction with full height brick infill elevations beneath a pitched, metal sheet roof. Braintree is a growing market town with a population of around 45,000. The town enjoys excellent transport links via the busy A120 some 15 miles west of Colchester, 15 miles east of Stansted Airport/M11 and north of Chelmsford via the A131. The town has direct rail links into London Liverpool Street with a journey time of around 1 hour. Enterprise Court, situated just off Lakes Road, the main access route between the town centre and the Freeport Designer Outlet Village which links to the A120 is one of the town’s main employment areas containing a range of industrial and office occupiers including Royal Mail, Wickes, Halfords, Travis Perkins and Screwfix.

PROPERTY FACTS

Price $471,525 - $1,320,270
Unit Size 3,388 - 8,285 SF
No. Units 3
Total Building Size 17,874 SF
Property Type Flex
Building Class B
Floors 3
Typical Floor Size 5,958 SF
Year Built 1950
Lot Size 0.84 AC

3 UNITS AVAILABLE

Unit 5A/B

Unit Size 3,388 SF
Price $471,525
Price Per SF $139.18
Condo Use Industrial
Sale Type Owner User
Tenure Freehold
SALE NOTES

The Units are available to purchase Freehold with Vacant Possession at an asking price of £2.25m (Two Million Two Hundred and Twenty-Five Thousand
Pounds) or individually as follows:
Unit A/B £375,000 (Three Hundred and Seventy-Five Thousand Pounds)
Unit C £1.05m (One Million and Fifty Thousand Pounds)
Unit D £900,000 (Nine Hundred Thousand Pounds)

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Unit 5C

Unit Size 8,285 SF
Price $1,320,270
Price Per SF $159.36
Condo Use Flex
Sale Type Owner User
Tenure Freehold
DESCRIPTION

The property comprises units 5A/B, within a set of high quality industrial/office buildings set within a secure site with a large loading yard to the rear. Two semi-detached buildings are of steel frame construction with full height brick infill elevations beneath a pitched, metal sheet roof with translucent roof lights and full height corrugated steel cladding. One building offers high specification offices with a fitted mezzanine benefiting from excellent natural light via high bay glazing, air conditioning, fitted mezzanine, lighting, canteen and wc facilities. Adjoining this, the warehouse building is over ground and full mezzanine levels benefiting from a roller shutter (4.6m x 4.6m) and concertina loading door (7.1m x 9m), eaves height of 8.3m (13.3m to ridge) and air conditioning throughout. The front detached warehouse benefits from warm gas heating, roller shutter loading door, mezzanine, 3.7m eaves height and radiators to the offices.
Access into the site is via a secure barrier leading to a large secure yard to the rear via a driveway which can provide for up to 40 cars with circa 18 parking spaces to the side
and front of the site including four electric charging points.

SALE NOTES

The Units are available to purchase Freehold with Vacant Possession at an asking price of £2.25m (Two Million Two Hundred and Twenty-Five Thousand
Pounds) or individually as follows:
Unit A/B £375,000 (Three Hundred and Seventy-Five Thousand Pounds)
Unit C £1.05m (One Million and Fifty Thousand Pounds)
Unit D £900,000 (Nine Hundred Thousand Pounds)

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Unit 5D

Unit Size 6,201 SF
Price $1,131,660
Price Per SF $182.50
Condo Use Flex
Sale Type Owner User
Tenure Freehold
DESCRIPTION

The property comprises units 5A/B, within a set of high quality industrial/office buildings set within a secure site with a large loading yard to the rear. Two semi-detached buildings are of steel frame construction with full height brick infill elevations beneath a pitched, metal sheet roof with translucent roof lights and full height corrugated steel cladding. One building offers high specification offices with a fitted mezzanine benefiting from excellent natural light via high bay glazing, air conditioning, fitted mezzanine, lighting, canteen and wc facilities. Adjoining this, the warehouse building is over ground and full mezzanine levels benefiting from a roller shutter (4.6m x 4.6m) and concertina loading door (7.1m x 9m), eaves height of 8.3m (13.3m to ridge) and air conditioning throughout. The front detached warehouse benefits from warm gas heating, roller shutter loading door, mezzanine, 3.7m eaves height and radiators to the offices.
Access into the site is via a secure barrier leading to a large secure yard to the rear via a driveway which can provide for up to 40 cars with circa 18 parking spaces to the side
and front of the site including four electric charging points.

SALE NOTES

The Units are available to purchase Freehold with Vacant Possession at an asking price of £2.25m (Two Million Two Hundred and Twenty-Five Thousand
Pounds) or individually as follows:
Unit A/B £375,000 (Three Hundred and Seventy-Five Thousand Pounds)
Unit C £1.05m (One Million and Fifty Thousand Pounds)
Unit D £900,000 (Nine Hundred Thousand Pounds)

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AMENITIES

  • 24 Hour Access
  • Bus Line
  • Commuter Rail
  • Listing ID: 34624510

  • Date on Market: 9/13/2024

  • Last Updated:

  • Address: 5A Lakes Rd, Braintree CM7 3QS

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