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Office for sale

20 The Causeway, Bishops Stortford, Herts, CM23
Auction
Office
2715
Added > 14 days

Features and description

  • Town centre office investment
  • LED lighting
  • Air conditioning
  • 4 car parking spaces
  • Kitchenette facilities
  • Gas fired central heating
FOR SALE BY AUCTION

An opportunity to purchase a town centre office investment with car parking, in Bishop's Stortford

The property forms an end of terrace three storey office building fronting The Causeway. The accommodation is generally open plan and benefits from rear access onto the car park. Male and female WC facilities are provided on the ground and 2nd floors.

The accommodation benefits from:
> LED lighting
> Air conditioning
> Suspended ceilings
> Kitchenette facilities
> Gas fired central heating
> 4 car parking spaces
> Telephone entry system

ACCOMMODATION
[approx. net internal areas]
Ground Floor Office: 747 sq ft [69.42 sq m]
First Floor: 1,116 sq ft [103.68 sq m]
Second Floor: 852 sq ft [79.11 sq m]
Total: 2,715 sq ft [252.21 sq m]

EPC Rating: D

TENURE
Freehold subject to occupational lease

VIEWING
Cheffins Property Auction Dept[use Contact Agent Button]

PLANNING
We understand that the property has longstanding Class E Office Use.

LOCATION
The property occupies a prominent position on The Causeway (A1250), which forms the principal accessway into Bishop's Stortford.

Bishop's Stortford is situated approximately 30 miles north east of London and 26 miles south of Cambridge and is the closest town to Stansted Airport being 5 miles to the east.

Bishop's Stortford train station is approximately 0.3 miles to the southeast of the property and provides a frequent service to London Liverpool Street with journey times from approximately 38 minutes. A regular service is also provided to Cambridge with journey times from approximately 29 minutes.

Adjacent to the property is the Jackson Square shopping centre which is anchored by Sainsbury's with other occupiers to include Pret, Nando's and H&M. The centre also provides pay and display car parking.

TENANCIES
The ground and first floors are let to Scendea Limited (08639168) which was incorporated in August 2013 and as at 30th June 2024 reported a total net worth of approximately £950,000 and is classified by Experian Business Express as 'Very Low Risk' (as at 16th September 2025).

The Lease is for a term of 5 years from 24th March 2022 on an internal repairing basis limited by way of a schedule of condition and the Tenant is to contribute towards a service charge. The annual rent is £33,900 per annum subject to an upwards only rent review to open market rent on 1st April 2024.

BUSINESS RATES
Please refer to the auction particulars.

SERVICES
We understand the property is connected to mains water, drainage, gas and electricity. We have not tested any of the services and all interested parties should rely upon their own enquiries with the relevant utility company in connection with the availability and capacity of all of those serving the property including IT and telecommunication links.

VAT
We understand that the property is elected to VAT and therefore VAT should be payable on the purchase price.

VENDORS SOLICITOR
Matthew Barrow
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About this agent

Fenn Wright - Witham & Chelmsford Commercial
Fenn Wright - Witham & Chelmsford Commercial
20 Duke Street Chelmsford, Essex CM1 1HL
01245 261226
Full profileProperty listings
Fenn Wright is the region’s leading, independently owned firm of chartered surveyors, estate agents and property consultants. Our business specialises in; residential sales and lettings, commercial sales, lettings and professional advice, development, planning and new homes, agricultural property advice, farms and estates and waterside properties (UK wide).  At Fenn Wright, everyone takes pride in using their expert local knowledge and professional know-how to provide an industry-leading level of service that delivers results for our clients time and time again.
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