Comet Way

COMMERCIAL KITCHEN / INDUSTRIAL UNIT APPROX. 1,503 SQ. FT. - Comet Way, Southend-on-Sea - Newly renovated to a high standard, with commercial extractor system in addition to various fixtures and fittings included within the sale price. Two Large walk in Fridges. Our client renovated the unit and fitted it out to a high standard with the intention of opening to trade; however, due to other business interests he has been unable to open himself, so is now looking to offer the premises for sale. First floor mezzanine offices fitted out to a good standard. Commencing rental of £13,500 per annum. Viewing recommended. RX565750

Location

The premises is located in a strategic position within the Comet Way industrial estate, centrally located giving the ability to cover a wide span of areas, being based just off the A127.

Premises

A TERRACE INDUSTRIAL UNIT with roller shutter to the front and single entrance door leading into the premises which measures 1,503 Sq. Ft. and is arranged as follows: Main Industrial Unit Area equipped with COMMERCIAL EXTRACTION SYSTEM various stainless steel pre tables, rationale style oven, 2 x WALK IN COLD ROOMS and racking. The front part of the Industrial unit is open plan, with high ceilings and the rear part is under the First Floor mezzanine. A staircase from the main industrial area leads up to the FIRST FLOOR MEZZANINE offices with one large open plan office, a smaller private office and WC with wash hand basin. the premises benefits from PARKING to the front of the unit.

Tenure

Around 1-year remaining on the Lease up to 13th June 2027 at a current rental of £13,500 per annum exclusive. Our client advises that they do not believe the landlord would have an issue extending or granting a new longer lease to an ingoing tenant.

Business Rates

The premises is subject to a rateable value of £10,750 resulting in zero business rates payable, should small business rate relief apply to an ingoing tenant. Gilbert and Rose advises that any interested party make enquiries with the Council to confirm the rateable value as correct.

Legal Costs

Each party to be responsible for their own, with the Landlords legal cost to be split 50/50.

Disclaimer

Whilst every care is taken to ensure that these particulars are correct, accuracy is no way guaranteed and none of the information supplied forms part of any contract. Acceptance of these particulars constitutes a contract to the effect that all negotiations for the business or property will be made through Gilbert & Rose otherwise the purchaser will be equally responsible with the vendor for damages equal to the amount of our commission.