Office for sale

Atlantic Square forms an office scheme generally comprising two storey terraced office buildings around a central landscaped garden area and pond. To the front of the scheme is car parking.

The property provides two storey, predominantly open plan, office accommodation with meeting rooms/offices on both floors. The accommodation benefits from suspended ceiling with recessed lighting, central heating and air conditioning in part, carpet and perimeter trunking. There is a kitchen on the ground floor and WCs on both floors. Externally there are 5 demised car parking spaces.

Location
Atlantic Square is located on Station Road off Avenue Road, close to Witham town centre and adjacent Witham mainline rail station. Witham Station provides frequent services to London Liverpool Street with an approximate journey time of 40 minutes. Atlantic Square is approximately 1 mile from the nearest A12 junction which provides both north and southbound access.

Accommodation
We have measured the property in accordance with the RICS Code of Measuring Practice (6th Edition) to compromise the following approximate areas:
Ground Floor: 642 sq. ft. (59.68 sq. m.)
First Floor: 737 sq. ft. (68.46 sq. m.)
Total: 1,379 sq. ft. (128.14 sq. m.)

Services
We understand the property is connected to mains water, drainage electricity and gas. 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.

Business Rates
4 Atlantic Square is listed in the Valuation Office Agency rating list as follows:

Rateable Value: £15,500
Approx. Rates Payable (2024/25): £7,734.50 pa

We understand at the car parking spaces are assessed under various individual assessments and generally attracting a Rateable Value of £150 per space. Interested parties are advised to make enquiries with the local authority.

Local Authority
Braintree District Council
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EPC
D-86

Service Charges
There is an annual estate service charge. Further details are available upon application.

Title
Freehold under title number: EX676666.

6 Atlantic Square is also for sale and forms part of the same title. In the event the properties are sold separately the title will be split upon sale.

Terms
The freehold of 4 Atlantic Square is for sale by way of private treaty at a guide price of £237,500 plus VAT.

VAT
We understand that the property is elected to VAT.

Legal Costs
Each party to bear their own legal costs incurred in this transaction.

Anti-Money Laundering Regulations
Anti-Money Laundering Regulations require Fenn Wright to formally verify a prospective purchaser's identify prior to the instruction of solicitors.