About the Property
LOCATION
Lakes Industrial Park is situated mid-way between Braintree town centre and the A120 on the road linking the town with Freeport Designer Village. There are two entry points into the estate, the first being opposite the Post Office sorting office in Lakes Road and the second being opposite the Salvation Army at Anglia Way.
The premises are located in a terrace of industrial units, with good natural light, together with 5 allocated car parking spaces.
DESCRIPTION
The premises comprises an industrial unit with brick block walling to a height of approximately 12’9” (approx 3.89m) to underside of eaves, benefiting from heating and lighting and roller shutter door to front.
ACCOMMODATION
Ground floor accommodation including offices and WC extending to 3,375 sq ft.
TERMS
£30,375 per annum exclusive (£2,531.25pcm exclusive)
Lease term to be agreed.
OUTGOINGS
Unit 10 Lakes Industrial Park has a rateable value of £24,000.
VAT
The property is elected for VAT.
LEGAL COSTS
Each party to bear their own legal costs.
SERVICE CHARGE
A service charge is levied to maintain the costs of estate roads, external decorations, roof maintenance, etc., and is currently at £1,815 per annum exclusive.
PARKING NOTES
5 Allocated Parking Spaces.
OTHER
Administration Fee
Upon Heads of Terms being agreed and prior to Solicitors being instructed, the prospective tenant is to pay an administrative fee of £250 plus VAT to Nicholas Percival Ltd. This fee will cover all associated administrative costs including any referencing fees incurred.
Anti-Money Laundering Regulations
Anti-Money Laundering Regulations (AML): Anti-Money Laundering Regulations require Nicholas Percival to formally verify all tenants.
EPC
Unit 10 has an EPC rating of E (118)
The photographs have been enhanced using AI.
In accordance with the Estate Agents Act 1979 we inform all interested parties that a member of staff from Nicholas Percival has an interest in Rosper Estates Limited, developers of this scheme.
VIEWING
By prior appointment with agents Nicholas Percival – 01206 563222 or Reception at Lakes Industrial Estate – 01376 440060.
FAO: Ollie Percival




