0 Bed Light Industrial For Sale

Description
Site 1 comprises International House, a rectangular site comprising a mix of existing buildings which provide industrial, warehouse, office and lab accommodation on a site of 3.9 acres ( 1.58 ha). There are three existing access points to the Horsecroft Road along the western boundary of the site.

The property is suitable for continued use of the existing buildings, subject to refurbishment and adaptation or alternatively redevelopment, subject to obtaining the necessary planning consents.

Location
Harlow is a major settlement within West Essex with a population of 93,300 (2021 Census) and enjoys excellent road links via Junction 7 and 7A of the M11 which affords access to Cambridge and The Midlands to the North and Junction 27 of the M25 only 9.6 miles (15 km) to the South. The town is served by two railway stations, each serving London Liverpool Street with a fastest journey time of 32 minutes from Harlow Town Station. Stansted Airport lies 13 miles to the North and is connected by both the M11 and a direct rail service. The sites are located on Horsecroft Road which is located to the West of Harlow Town Centre and is accessed via Barrows Road and Elizabeth Way. Local occupiers include Truck-Lite, HL Display, GXO Logistics ,Bidfood, GR Wrights & Sons, Brakes, SOP International, Poundland and GSK.

Business Rates
From our enquiries of the Valuation Office Agency ( website we understand that the premises on Site One have a combined Rateable Value of£432,500 (April 2023 Listing). Business rates for the current year April 2024/2025are payable at the Uniform Business Rate Multiplier (UBR) of 56.4p in the £, thus resulting in a rates liability of C. £243,930.

Lease Back
Site One is be sold with the benefit of a leaseback in the vendors standard form at a peppercorn for a period up until 31st December 2025, thus enabling the vendor to migrate operations to their Barrows Road Site.

Existing Wayleaves, Easements and Rights of Way
The sites are to be sold subject to and with the benefit of all wayleaves, easements and rights of way, whether or not mentioned in this marketing brochure.

Important
The Services, fixtures, fittings, appliances, and other items of equipment referred to have not been tested by this firm and therefore no warranty can be given in respect of their condition. Interested parties should satisfy themselves as to their condition.

VAT
The premises has been opted for tax and as such VAT will be applicable on the sale price.

Legal Costs
Each party is to be responsible for their own legal costs incurred in the transaction.

Tenure
The site is to be sold on a Freehold basis.

Data Room
There is a data room which is available to interested parties. Please contact the marketing agents to arrange access.

Anti-Money Laundering
In accordance with Anti-Money Laundering regulations , Savills will be required to undertake due diligence on the purchaser(s) and any beneficial owners.

Method of Sale
The site(s) are being marketed by way of informal tender with offers invited for the freehold interest of the site(s), either individually or together on an unconditional planning basis.

The deadline for offers is 12 Noon on Friday 28th March 2025. In submitting offers, parties should provide sufficient information to allow the vendor to assess the nature of the proposal, the level of due diligence undertaken and their funding position. The vendor reserves the right not to accept
the highest or any offer received.