Light industrial for sale in Tallon Road, Hutton, Brentwood, Essex CM13

Description:
This opportunity comprises a detached 3 storey building with 12 apartments (4 on each floor) all let on AST's producing a rent roll of £216,252pa (erv £241,800). Each apartment has 2 parking spaces with those at ground floor to the front having enclosed garden spaces.

Property

The property comprises a 3 storey detached building on a plot of approx. 0.35 of an acre. Arranged as 12 two bedroom apartments (4 per floor), each having 2 parking spaces, as well as 2 additional spaces for visitors/disabled persons, some having private screened balconies, with those on the front/ground floor having garden spaces.

Features

Block Of 12 x 2 Bedroom Apartments
Fully Let With Income Approx. £216,252PA
On Plot Of 0.35 Of An Acre
All Apartments With 2 Parking Spaces
Sale By Way Of Share Transfer
Short Distance From Shenfield

Location

The property fronts open parkland and is only a 15 minute walk from Shenfield Station being a key interchange for medium to long distance main line services on the main line, with Liverpool Street being only 21 minutes away! It is also one of the two eastern termini of the Elizabeth Line. Shenfield is considered an affluent location with excellent shopping facilities, including Tesco, Co-Operative and Costa Coffee, with a vibrant night-time economy with a variety of Restaurants & Bars.

Tenure

Freehold.

Tenancies/Rent Roll

All 12 apartments are let by way of AST's producing a rental income of some £216,252pa.

Energy Performance Certificates

Copies of the EPC's are available upon request.

Method Of Sale

Our Client is looking to dispose of this asset by way of share transfer.

Legal Fees

Each party is to be responsible for their own legal fees.