Commercial Property in CO8 available for sale
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Commercial Properties for Sale near CO8, Bures

Commercial Properties for Sale Within 5 miles of the CO8, Bures

More details for Foundry Lane Hl, Earls Colne - Industrial for Sale

The Mill Store - Foundry Lane Hl

Earls Colne, CO6 2SB

  • Industrial for Sale
  • £1,250,000
  • 12,537 sq ft
  • Air Conditioning

Earls Colne Industrial for Sale

The premises comprise two detached mixed use buildings together with on-site surfaced parking for around 32 vehicles.<br/><br/>Unit 1 The Mill Store: The building comprises office space over ground and first floor level within a former foundry believed to date from around the 1850's, and is of part wrought iron and timber framed construction, and part loading bearing brickwork with elements rendered and painted externally with the principal elevations, including large timber sash windows, under a pitched roof with slate covering. The unit benefits from office space, with kitchenette and WC facilities.<br/><br/>Units 2 & 3 The Mill Store: A detached two storey building comprising office, storage & manufacturing space. Built in circa 2004, the building is of brick faced block inner leaf outer wall construction to around 3.2m eaves height beneath a slate covered Mansard roof. The office accommodation can be found at first floor level, together with kitchenette and WC facilities. There is also a workshop attached beneath a shallow pitched felt covered flat roof.<br/><br/>Accommodation<br/>(Approximate gross internal measurements) <br/>Unit 1Approx. 3,883 sq ft (360.7 sq m)<br/>Unit 2Approx. 1,158 sq ft (107.6 sq m)<br/>Unit 3Approx. 7,496 sq ft ( 696.4 sq m)<br/>TotalApprox. 12,537 sq ft (1,164.7 sq m)<br/><br/>Terms<br/>The premises are to be sold freehold, with vacant possession, at a guide price of £1,250,000 plus VAT.<br/><br/>VAT<br/>We are advised that VAT is applicable.<br/><br/>Business Rates<br/>We have been informed that the rateable value of the premises are currently assessed independently, with a combined rateable value of £93,350. We therefore estimate that the rates payable are likely to be in the region of £44,800 per annum.<br/><br/>Interested parties are advised to make their own enquiries with the local rating authority to confirm their liabilities. <br/><br/>Energy Performance Certificate (EPC)<br/>We have been advised that the premises have been assessed as follows; Unit 1 - E (118) Unit 2 - C (52) Unit 3 - D (88)<br/><br/>A full copy of the EPC assessments and recommendation reports are available from our office upon request.<br/><br/>Planning<br/>We are advised that the long standing, existing, use is for offices, storage and light production. The property is not listed but is located within the Earls Colne Conservation area. <br/><br/>Interested parties are advised to make their own enquiries with Braintree District Council.<br/><br/>Legal Costs<br/>Each party will bear their own legal costs.<br/><br/>Anti-Money Laundering Regulations <br/>Anti-Money Laundering Regulations require Fenn Wright to formally verify prospective purchaser's identify, residence and source of funds prior to instructing solicitors. <br/><br/>Viewings Strictly By Appointment Via Sole Selling Agents:<br/><br/>Fenn Wright<br/>[use Contact Agent Button]<br/>[use Contact Agent Button]

Contact:

Fenn Wright

Property Subtype:

Warehouse

Date on Market:

23/07/2025

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FAQs About Commercial Property For Sale in CO8

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How many commercial properties are currently available for sale in CO8?
There are currently 0 commercial properties available for sale. Sizes range from to , with an average size of. Available opportunities may include offices, retail premises, industrial properties, mixed-use assets and development sites.
How much does commercial property cost in CO8?
The average asking price is approximately per sq ft, with prices ranging from to per sq ft. Property values will vary depending on location, size, condition, tenant status and market demand.
What factors influence commercial property values?
Property values can be affected by location, building quality, asset size, lease terms, tenant covenant strength, redevelopment potential and local market conditions. For investment properties, income generation and yield are also important considerations.
What types of commercial property are available to buy?
The market may include offices, retail units, industrial properties, warehouses, land, mixed-use buildings and specialist assets. Availability will vary depending on location and current market conditions.
What should I consider before buying commercial property?
Key considerations include location, accessibility, property condition, planning permissions, lease arrangements, operating costs and future growth potential. Buyers should also understand any legal, environmental or structural issues that could affect value or usability.
What is rental yield and why does it matter?
Rental yield measures the income generated by a property relative to its purchase price. Investors often use yield to compare opportunities, although it should be considered alongside factors such as tenant quality, lease length and potential for capital growth.
Can I buy commercial property for my own business?
Yes. Many buyers purchase commercial property to occupy themselves rather than as an investment. Owning premises can provide greater control over operating costs, security of tenure and the potential to benefit from future capital appreciation.
Do I need a commercial mortgage?
Many buyers use commercial finance to fund acquisitions. Deposit requirements, lending terms and borrowing costs vary depending on the property, the buyer's circumstances and the intended use of the asset.
What due diligence should I carry out before buying?
Due diligence typically includes reviewing title documents, planning permissions, leases, service charge information, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended before completing a purchase.
What are the risks of buying commercial property?
Potential risks include market fluctuations, vacancy periods, tenant default, maintenance costs, planning restrictions and changes in local demand. Thorough due diligence and effective asset management can help reduce these risks.
Can overseas buyers purchase commercial property in the UK?
Yes. International buyers can purchase commercial property in the UK, although additional legal, tax and regulatory considerations may apply. Professional advice should be obtained before proceeding with a transaction.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax, legal fees, surveys, finance costs, insurance and any refurbishment or fit-out works that may be required.

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