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FREEHOLD EMPLOYMENT SITE
HARLOW LAND AT THE REAR OF TESCO’S
EDINBURGH WAY STORE, EAST ROAD, CM20 2TG
circa 2.05 hectares (5.07 acres) gross circa 1.76 hectares (4.35 acres) net developable
FOR SALE
280 High Holborn, London WC1V 7EE T: 020 7851 4900 E: [email protected] W: glhearn.com
Location:
The site is situated in the established Templefields mixed employment and retail area and is accessed from East Road in Harlow, Essex. East Road is located off Edinburgh Way (A414), which is the main feeder road within the Templefields Industrial Area, 1½ miles to the North East of Harlow town centre. Junction 7 of the M11 is approximately 4 miles distant, providing access to Junction 27 of the M25 and the national motorway network. The M11 provides access to Stansted Airport (11.7 miles), Cambridge (33 miles), A14, Docklands (25 miles) and The City. The A414 connects to the A10, A1 (M) and M1 to the West and to Chelmsford and the A12 to the East, providing access to the East coast ports of Harwich and Felixstowe. Harlow Mill station is situated 0.5 miles from the site and a number of bus routes serve the area with local shopping facilities and retail parks within easy walking distance. The site is situated immediately south of a Tesco store, which fronts Edinburgh Way (the main retail warehouse and car showroom pitch in the town), and is within an established employment area generally providing light industrial, warehouse and office units. To the South of the site is a residential development of apartments/flats and to the eastern boundary is a raised elevation adjacent to the A414. It is anticipated that there will be a single access point from East Road, (which is part of a road network serving the surrounding employment area), on the western side of the site.
Description: The level site is broadly square in shape and while cleared, is overgrown
with vegetation, and has landscaped banks to the rear and side. The site was previously occupied by Johnson Matthey.
Site Area: The site area to be sold is approximately 2.05 hectares (5.07 acres) gross with an approximate net developable area of circa 1.76 hectares (4.35 acres).
Tenure/Title: The Freehold site is owned by Tesco Stores Limited and will be available to purchase with full vacant possession.
Planning: The site is situated in an established zoned employment area and has an expired historic B1/B2 & B8 unit scheme consent. It is believed that scope may exist to explore other uses, subject to planning. Interested parties are invited to consult with the Local Planning Authority, Harlow Council, Civic Centre, The Water Gardens, College Square, Harlow, CM20 1WG Tel: 01279 446655. Access is achievable from East Road, subject to agreement of an acceptable detailed design. Tesco no longer require a new access to their van park through the new scheme developed on the subject site.
Services: You are advised to make your own enquiries in relation to the location and capacity of the existing main utilities/services.
Legal Costs:
Each Party shall be responsible for all their own costs arising from this transaction.
Terms: The Vendor is seeking to sell their freehold interest in the whole of the site on an unconditional basis. Offers are invited.
Additional Information:
Additional information to include relevant title documents, topographical survey material, a Phase 1 and 2 Environmental Assessments (2014) are available upon request. An ecological Survey is shortly to be commissioned and will be made available, once complete.
Viewing: The site can be viewed externally from the access-point boundary on East Road. An on-site inspection can be arranged through the selling agent.
Note: These particulars are for guidance only and are not necessarily comprehensive. Purchasers should satisfy themselves on all matters prior to purchase by inspection or otherwise. In the interests of Health and Safety, parties should take due care when inspecting the property and enter the site at their own risk.
Details prepared by Mark Liell Dated: 29th March 2016
SUBJECT TO CONTRACT
Contact Details:
Mark Liell
David Coleby 01279 648420 07860703378 [email protected]
GL Hearn Adam de Swarte 020 7851 3759 [email protected]
Richard Kitching
020 7851 4989
MARK LIELL DISCLAIMER
Mark Liell & Son LLP for themselves and for the vendors of this property whose agents they are given notice that:-
1. The particulars as set out are a general outline only for the guidance of intending purchasers and do not
constitute, nor constitute part of, an offer or contract; 2. All descriptions, dimensions, reference to condition and necessary permission for use and occupation, and
other details are given in good faith and are believed to be correct but any intending purchasers should not rely upon them as statements or representations of fact and must satisfy themselves or otherwise as to the correctness of each of them.
3. No person in the employment of Mark Liell & Son LLP has any authority to make or give any representation or warranty whatever in relation to this property;
4. Unless otherwise stated all prices and rents are quoted exclusive of Value Added Tax (VAT). Any intending purchasers must satisfy themselves independently as to the incidence of VAT in respect of any transaction.
5. The reference to any plant, machinery, equipment, services, fixtures or fittings at the property shall not constitute a representation (unless otherwise stated) as to its state or condition or that it is capable of fulfilling its intended function. Prospective purchasers must satisfy themselves as to the fitness of such items for their requirements.
6. The vendor is not obliged to accept the highest or any other offer received for the property.
Anti Money Laundering Legislation
The Money Laundering Regulations include Commercial Estate Agency work and require us to have anti money laundering procedures in place. Interested parties may be required to provide proof of identity and address.
