For Sale
Property Details
2,440 Sq Ft
£950,000
Property Summary
Fully Leased Freehold Office Building
Property Features
- Rare Freehold Opportunity
- Investment Opportunity - Currently Income Producing
- Off Interest to Investors, Developers & Owner Occupiers
- Permitted Development Opportunity for Residential Conversion (STP)
- Close to Brentwood Station & Shops
- Future Opportunity for Vacant Possession
Description
A character Victorian building which is currently used for the purposes of offices with parking to the front and rear. The property is currently let to a number of tenants on short term all inclusive lease agreements. The property produces an annual gross income of £56,400 including running costs.
Location
Queens Road is located close to Brentwood Station. Brentwood benefits from excellent public transport links including the mainline rail station (Elizabeth Line) being within a few minutes' walk. Brentwood High Street and shopping is also within walking distance. The A12 at its junction with the M25 (J28) is approx. 2 miles away The A127 Southend Arterial Road at its junction with the M25 (J29) is within 4 miles.
Accommodation
| Name/Floor | Sq Ft | Sq M | Price |
|---|---|---|---|
| Ground Ground Floor | 1,089 | 101.17 | On Application |
| 1st First Floor | 782 | 72.65 | On Application |
| 2nd Second Floor | 569 | 52.86 | On Application |
| Total | 2,440 | 226.68 |
Planning and Use
The property is currently used as offices. Other E Class Uses i.e. medical will be suited. Enquiries have been made with Brentwood Borough Council as to the conversion of the building into residential use under Permitted Development, which has been favourably received. The property also has potential for full re-development (STP).
Terms
The property is currently let to 5 tenants on short term agreements. Prior Notices were served to prevent the tenants having the right to renew under the Landlord and Tenant Act. These agreements have mutual break clauses to allow either party to determine them on notice. It will be possible to obtain vacant possession of the building at any time after the 01/07/2026.
The property is offered freehold, subject to the current tenancies. A tenancy schedule is available on request.
AMLR
In line with current Anti-Money Laundering Regulations, all prospective tenants or purchasers will be required to provide satisfactory identification and verification documentation before any offer can be accepted. We may undertake electronic checks to comply with these obligations.
Business Rates
The building is currently rated for the individual offices suites.
Legal Costs
Each party to bear their own legal costs.
