Industrial in Broomfield Essex available for sale
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Industrial Properties for Sale near the Broomfield, Essex, Chelmsford

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Industrial Properties for Sale Within 5 miles of the Broomfield, Essex, Chelmsford

More details for Drakes Ln, Boreham - Industrial for Sale

Convair House - Drakes Ln

Boreham, CM3 3BE

  • Industrial for Sale
  • £1,400,000
  • 17,834 sq ft

Boreham Industrial for Sale

The property comprises an industrial/warehouse building which is split between two workshops and a warehouse. The warehouse is currently fitted out with racking and an extensive mezzanine which is split over the first and second floors. The mezzanine and racking could be removed to provide a clear span warehouse with a minimum eaves height of approximately 5.00m rising to 7.50m at the apex. There are two loading doors to the warehouse (4.00m wide x 5.90m high and 5.50m wide x 4.75m high). At the front of the warehouse is a two storey office section which provides reception, offices, canteen, WC and welfare facilities. The two workshops have a roller shutter access door (Workshop 1 - 4.25m wide x 4.50m high and Workshop 2 - 3.90m wide x 4.75m high) and a minimum eaves height of approximately 3.00m. <br /><br />The site has traded as a vehicle breakers for over 20 years and benefits from an End of Life Vehicle (ELV) license, de-pollution system, 1 x four post ramp, 3 x two post ramps, and compressor with air lines. All of this equipment can be removed if not required.<br /><br />LOCATION<br />The property is situated on the established Drakes Lane industrial estate approximately 4.5 miles to the north east of Chelmsford City Centre. Drakes Lane provides direct access to Waltham Road which in turn provides easy access to Main Road (B1137) Boreham and the A131. The A12 dual carriageway can be accessed to the west via Junction 19 or to the east via Junction 20A/20B. The A12 connects to the M25 (Junction 28) to the south west and the International Ports of Harwich and Felixstowe to the north east. The new Beaulieu Park Train Station which provides frequent services to London Liverpool Street is less than 10 minutes away by car. Accessibility will be enhanced further upon completion of the Chelmsford North East Bypass which will improve connections from the subject property to Chelmsford and the A12 to the south and Braintree and the A120 to the north. (Source: )<br /><br />ACCOMMODATION <br />[Approximate Gross Internal Floor Areas] <br />Ground<br />Workshop 1 - 77.28 sq. m [831 sq. ft.]<br />Workshop 2 - 158.20 sq. m [1,700 sq. ft.]<br />Warehouse - 687.00 sq. m [7,394 sq. ft.]<br />Office/Reception/WC's - 63.00 sq. m [678 sq. ft.]<br />First<br />Mezzanine - 372.69 sq. m [4,011 sq. ft.]<br />Offices/WC's - 63.00 sq. m [678 sq. ft.]<br />Second Floor<br />Mezzanine - 236.25 sq. m [2,542 sq. ft.]<br />Total: 1,657.42 sq. m [17,834 sq. ft.]<br /><br />SERVICES<br />We understand the property is connected to mains water and three phase electricity. 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.<br /><br />ENERGY PERFORMANCE CERTIFICATE [EPC] <br />We have been advised the property falls within Band E (101) of the energy performance assessment scale. A full copy of the EPC assessment and recommendation report is available upon request.<br /><br />BUSINESS RATES <br />We are advised that the premises have a rateable value of £62,000. Therefore estimated annual rates payable of approximately £33,852 (2025/26). We advise interested parties to speak to the local authority for further information.<br /><br />TITLE <br />The property is held freehold under Title EX600947.<br /><br />TERMS<br />The property is offered for sale freehold with vacant possession.<br /><br />GUIDE PRICE<br />£1,400,000. (One Million Four Hundred Thousand Pounds)<br /><br />VAT<br />We understand VAT will not be applicable to the purchase price.<br /><br />LEGAL COSTS<br />Each party to bear their own legal costs incurred in this transaction.<br /><br />ANTI-MONEY LAUNDERING REGULATIONS <br />Anti-Money Laundering Regulations require Fenn Wright to formally verify a Prospective tenant's identity prior to the instruction of solicitors. <br /><br />VIEWINGS STRICTLY BY APPOINTMENT VIA SOLE SELLING AGENTS:<br /><br />Fenn Wright<br />20 Duke Steet<br />Chelmsford<br />Essex<br />CM1 1HL<br /><br />Contact: <br />[use Contact Agent Button]<br />James Wright <br />[use Contact Agent Button]

Contact:

Fenn Wright

Property Subtype:

Service

Date on Market:

28/05/2025
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LoopNet UK Essex Chelmsford Industrial Properties For Sale in Broomfield Essex, Chelmsford, UK

Learn More About Investing in Industrial Properties

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FAQs about Investing in Industrial Properties in Broomfield Essex

See All Industrial For Sale
How many Industrial Property listings are available for sale in Broomfield Essex?
There are currently 0 Industrial Properties available for sale near Broomfield Essex. These Broomfield Essex Industrial Property listings have an average size of. The largest available listing in Broomfield Essex is. The thriving commercial centre and excellent transport links in Broomfield Essex make it an ideal location for businesses to find suitable Industrial Property for sale.
How much does it cost to buy Industrial Property in Broomfield Essex?
The average price/SF for Industrial Property for sale in Broomfield Essex is about. The cost per sq ft for Industrial Property in Broomfield Essex ranges from to , depending on the location and the size of the property.
What factors could affect the prices of Industrial Properties in Broomfield Essex?
Several factors can impact the price of Industrial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices currently range from to per square foot. While the average net initial yield for Industrial Properties is.
What is the largest Industrial Property available for sale in Broomfield Essex?
Currently, the largest Industrial Property available to buy is and the smallest is. The average size of Industrial Property available for sale in Broomfield Essex is approximately.
Why invest in industrial property in the UK?
Industrial property is a strong-performing asset class, offering stable rental yields, growing tenant demand, and relatively low vacancy rates. The rise of e-commerce and logistics has further increased demand for warehouses and distribution space.
What types of industrial properties are available to buy in Broomfield Essex?
You’ll find a range of industrial assets including light industrial units, storage depots, warehouses, manufacturing sites, and logistics centres. Properties may be single-let, multi-let, or part of larger estates.
What should I consider before buying industrial property?
Key considerations include location, access to transport routes, tenant demand, condition of the building, lease status (vacant or tenanted), yield potential, and long-term capital growth. It's also essential to review planning use class and site constraints.
What is a good rental yield for industrial property?
Rental yields vary by region and risk profile. In 2025, typical net yields range from 5% to 7% in regional areas, and 3.5% to 5% in prime locations such as London or the South East. Yields depend on tenancy, lease length, and asset quality.
Do I need to pay VAT or Stamp Duty on industrial property purchases?
Yes. Commercial property purchases are usually subject to Stamp Duty Land Tax (SDLT). VAT may also apply if the seller has opted to tax the property. Always get tax advice before proceeding with a purchase.
Can I buy industrial property through a pension or company?
Yes. Many investors purchase through a limited company or a pension scheme such as a SIPP or SSAS. These structures can offer tax advantages but involve specific rules and administrative responsibilities.
Is it better to buy a vacant unit or one with a tenant in place?
It depends on your strategy. Tenanted properties provide immediate rental income and stability, while vacant units may offer opportunities to refurbish, reposition, or secure higher-value tenants — though they come with short-term risk.
What are the risks of buying industrial property?
Risks include tenant default, lease voids, unexpected maintenance costs, planning restrictions, and market fluctuations. Mitigating these requires good due diligence, professional advice, and strategic asset management.
How do I finance an industrial property purchase?
Commercial mortgages are available from banks and specialist lenders. Loan-to-value (LTV) ratios typically range from 60% to 75%, and terms depend on income from the asset, buyer profile, and lender requirements.
Where can I find industrial properties for sale in Broomfield Essex?
You can search on LoopNet and shortlist interesting opportunities. Working with local agents who specialise in industrial sales can also help uncover off-market opportunities.

Discover More Industrial Properties for Sale in the Broomfield, Essex, Chelmsford

Industrial property remains one of the most robust and sought-after sectors within the UK commercial property market, with various options to invest in Broomfield Essex. Fuelled by the continued rise of e-commerce, logistics, manufacturing, and life sciences, the demand for warehouse and industrial space has consistently outpaced supply—particularly in logistics corridors such as the Midlands, South East, and North West. For investors, the sector offers strong fundamentals, attractive yields, and long-term tenancies from dependable occupiers. Properties available for sale span from small light industrial units and workshops to large-scale logistics sheds and multi-let estates, offering a range of entry points and asset strategies.

When purchasing industrial property in Broomfield Essex, investors should carefully assess location, building specification, tenancy profile, and development potential. Proximity to major roads such as the M1, M6, or M25, and to ports or urban centres, is often a key driver of tenant demand. Unit features such as minimum eaves height, loading access, yard space, and potential for extension or refurbishment can significantly affect rental value and capital appreciation. With ESG considerations and EPC compliance gaining importance, sustainable and energy-efficient assets are increasingly preferred by occupiers and institutional buyers alike. Whether investing for income, long-term capital growth, or redevelopment, industrial property offers a resilient, future-facing opportunity in today’s market.

  • Location: Prioritise access to major motorways, urban centres, ports, and last-mile logistics networks
  • Tenant covenant: Evaluate tenant strength, lease length, rent review clauses, and potential void risks
  • Unit specification: Look for good eaves height, ample yard space, multiple loading doors, and modern construction
  • Planning classification: Confirm permitted use (e.g. B2/B8) and any potential for future change of use or redevelopment
  • Rental growth prospects: Focus on supply-constrained areas with rising occupier demand
  • Energy performance: EPC ratings and sustainable features are increasingly crucial for compliance and marketability
  • Exit strategy: Consider long-term income, break-up potential, or sale to institutional funds or REITs

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