SS15 Unit 4 Juniper West, Southfields Business Park, Fenton Way, Laindon, Basildon

Detached industrial/warehouse unit fronted by two storey office accommodation. Two storage mezzanines have been added to the warehouse, but could be removed. Excluding the mezzanines, the clear span of the roof is 8 metres. Externally, the building provides a secure yard plus car parking for approximately 40 vehicles, and benefits from a large forecourt area for loading/unloading with two level access loading doors.

AGENTS NOTE

The property has suffered from subsidence, as a result of heave, which is being monitored.

REPAIRING LIABILITIES

The Tenant's repairing liabilities are limited by a Schedule of Condition and a "Heave Liability Cap".

Laindon is situated approximately 30 miles to the east of central London and 2 miles to the north west of Basildon, accessed via the A127 Arterial Road and A13 trunk road, which provide good communications throughout the South East Essex Area and direct links to the M25 and national motorway network.

Laindon has a main line railway station providing regular services to the City. Juniper is strategically located within the heart of the Southfields Industrial Area, a major commercial centre in South Essex.

VAT

All rents, prices and premiums are exclusive of VAT under the Finance Act 1989.

Rating

From enquiries made of the Valuation Office Agency, we believe the Rateable Value to be £205,000 for 2025/26. Based upon the Uniform Business Rate we believe the rates payable amount will be £113,775.

Legal Costs

Each party to bear their own legal costs incurred in this transaction.

EPC

B - 43.

Tenure Comments

RENT

Passing Rent £260,000 per annum, exclusive, rising to £265,000 per annum, exclusive on 24th May 2026.

LEASE

The property is available on a leasehold basis by way of sub-letting or assignment.

The current lease expires on the 23rd May 2032. If a longer term is required, there is also the option a new lease being granted, subject to the simultaneous surrender and grant of a new lease, to a party of acceptable standing to the landlord.

BREAK CLAUSE

There is a Tenant only break clause on 24 March 2027, subject to 9 month prior written notice.