6959 sq. ft. (646.49 m²)
Description
Sixth Avenue Business Park comprises a development of 13 new light industrial units now completed. Units are of steel portal frame construction, clad to elevations with mono-pitch roofs. The units have been finished to a high standard to include 3-phase power, minimum 6m eaves height, minimum floor loading capacity of 37.5 kNm, electric shutter doors and WC. Units 8, 9 & 10 are all single storey. We are advised that the Tenant has installed a 1,000 sq. ft. mezzanine.
Location
Bluebridge Industrial Estate is situated to the east of Halstead town centre, off Colchester Road. Sixth Avenue is located on the north edge of the estate. Halstead lies approximately 14 miles, seven miles and eight miles from the towns of Colchester, Braintree and Sudbury respectively.
Tenure
The three units are let to SNRG Limited (Reg. Co: 11632286) upon a single five-year full repairing & insuring lease from 28.09.23 at a passing rent of £63,372 per annum exclusive, payable quarterly in advance.
VAT
All rents, prices and premiums are exclusive of VAT under the Finance Act 1989. We are advised that VAT will be applicable.
Legal Costs
Each party to bear their own legal costs incurred.