1 Bentalls, Pipps Hill Industrial Estate Basildon, Essex SS14 3BS
Licence No. PU1000017316 from Experian Goad, Hatfield Herts. For identification purposes only – please see title documentation.
Extract reproduced from 1998 Edition of the Goad Plan
Location Estimated Resident Population: 154,000 Miles: 11 miles south of Chelmsford 26 miles east of Central London
Roads: A13, A127, A1235, M25 (Junction 29) For identification purposes only – please see title documentation.
Nearby: Argos, Konica Minolta, Amdipharm, Scott Wilson and Thrifty
ON THE INSTRUCTIONS OF Rent £185,000 pa
Freehold Industrial Investment • Let to ASG (Essex) Limited • Reversion in 2017 • Approximately 33,825 sq ft
• Established industrial estate close to the A127
• 6Week Completion Available 46
The Special Conditions of Sale and a legal pack are available from the Seller’s Solicitors and are available online at www.cbre.co.uk/auctions. Seller’s Solicitor CMS Cameron McKenna. t: 0117 930 7837. e: danielle.coleman@cms-cmck.com Ref: Ms D Coleman.
Description WAREHOUSE and ancillary offices arranged on the ground and first floors. The property benefits from on-site car parking and two roller shutter loading doors.
Total Commercial Area (2) Areas provided by the Vendor. Gross Internal Areas
2,618.85 sq m 523.49 sq m
3,142.34 sq m
(28,190 sq ft) (5,635 sq ft)
(33,825 sq ft)
(1) ASG (Ace Signs Group) are a UK based signage manufacturer with over 50 years of industry experience working for the largest names across all sectors (Source: www.asg.co.uk). ASG (Essex) Ltd for the year to 06/11, reported a turnover of £17.1 million and total assets of £7.6 million. (Source: One Source One-Stop Report)
VAT is applicable to this lot – please see Special Conditions of Sale.
Position The property is situated in a prominent location at the junction of Bentalls and Miles Gray Road, a short distance from the A127 and the centre of Basildon within the established Pipps Hill Industrial Estate.
Tenure Freehold.
Tenant ASG (ESSEX) LIMITED (1)
Lease Term: 25 years from 17th January 1992 Basis: FRI Rent: £185,000 per annum Expiry: January 2017