6 Atlantic Square, Station Road, Witham, Essex, CM8

Property Details: • Type: 2,401 sq ft • Tenure: N/A • Floor Area: N/A

Key Features: • Modern Office with Parking Adjacent Train Station • First floor let at £15,200 per annum • 8 Allocated Car Parking Spaces • Adjacent Witham Train Station • Convenient Access to A12 • WC and Kitchenette Facilities

Location: • Nearest Station: Witham Station • Distance to Station: 0.1 miles

Agent Information: • Address: 20 Duke Street Chelmsford Essex CM1 1HL

Full Description: Atlantic Square forms an office scheme generally comprising two storey terraced office buildings around a landscaped garden area and pond. To the front of the scheme is private car park.The property provides two storey, predominantly open plan, office accommodation with meeting rooms/offices on both floors. The accommodation benefits from suspended ceilings with recessed lighting, central heating, carpet and perimeter trunking. There are WCs and kitchenettes on both floors and 8 demised car parking spaces.LOCATIONAtlantic Square is located on Station Road off Avenue Road, close to Witham town centre and opposite Witham mainline rail station. Witham Station provides frequent services to London Liverpool Street with an approximate journey time of 40 minutes. Atlantic Square is approximately 1 mile from the nearest A12 junction which provides both north and southbound access.ACCOMMODATION[Approximate Net Internal Floor Areas] Ground Floor: 1,137 sq ft [105.66 sq m] First Floor: 1,264 sq ft [117.45 sq m] Total: 2,401 sq ft [223.12 sq m]SERVICESWe understand the properties are connected to mains water, drainage, electricity and gas. 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 properties including IT and telecommunication links.LOCAL AUTHORITYBraintree District CouncilT. BUSINESS RATESThe property is listed in the Valuation Office Agency rating list as follows:Ground Floor Rateable Value: £12,750Approx. Rates Payable (2024/25): £6,362.25First Floor Rateable Value: £14,500Approx. Rates Payable (2024/25): £7,235We understand at the car parking spaces are assessed under various individual assessments and generally attract a Rateable Value of £150 per space. Interested parties are advised to make enquiries with the local authority.EPCC - 60.TENANCYThe First Floor of 6 Atlantic Square is let to One Claim Limited on an effective full repairing and insuring lease by way of a service charge and contracted outside of the 1954 Landlord and Tenant Act. The Lease commenced on 21st January 2022 for a term of 5 years subject to a Tenant only Break Clause on 3rd anniversary. The lease is guaranteed by Pinnacle Costs & Claims Solutions Limited and the Landlord holds a Rent Deposit to the value of 3 months' rent.TITLEFreehold under title number: EX676666.4 Atlantic Square is also for sale and forms part of the same title. In the event the properties are sold separately the title will be split upon sale.SERVICE CHARGEThere is an annual estate and building service charge. Further details are available upon application.VATWe understand that the property is elected to VAT.TERMSThe freehold interest of 6 Atlantic Square is for sale at a guide price of £345,000 plus VAT.LEGAL COSTSEach party to bear their own legal costs incurred in this transaction.