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Investment Property with Development Potential near to Stansted Airport

Guide Price £ 600,000
Burton End,
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Property Description

A property currently providing an income of £34,800 per annum, which would benefit from active management and extending to approximately 0.97 hectares (2.40 acres). The property includes a number of commercial units, a dwelling and other buildings as detailed below.

Burton End is an attractive village on the boundary of Stansted Airport, with good accessibility to national road and rail networks.

 

GENERAL REMARKS AND STIPULATIONS

Method of Sale

The freehold of the property is offered for sale by private treaty.

 

Buildings

Situated on the property are a number of buildings which are subject to various occupancies (detailed in the table on page 3 and shown on the plan on page 4).

Woodshed

A timber barn with a pitched corrugated roof and roller shutter door, extending to approximately 573ft².

Maintenance Barn

A barn of blockwork construction half cladded with cement fibre sheeting, under a pitched corrugated roof and extending to approximately 1,392ft².

Scaffolder Yard

A yard has been created for scaffold storage extending to approximately 3,024ft².

Containers

There are a number of shipping containers situated on the land, some of which are let and some of which are owner occupied.

The Stables

There are a range of stables including a tack room of blockwork construction, half rendered and half weatherboard elevations under a pitched interlocking tile roof extending to approximately 1,975ft².

The Flat

Adjoining the stables is a 3-bedroom dwelling extending to just over 1,000ft².

 

Land

There is an area of grassland that lies adjacent to the collection of buildings to the south.

 

Easement, Covenants and Rights of Way

The property is sold subject to all existing wayleaves, easements, public rights of way, covenants and restrictions whether stated in these particulars or not. A public footpath passes along the western edge of the entrance driveway in a north-easterly direction.

 

Planning

 Woodshed

Permission under reference UTT/17/0315/PAP3P allows change of use of the building to a dwelling house (4 April 2017).

Maintenance Barn

Permission under reference UTT/17/2572/PAP3P allows for conversion of maintenance barn to a two storey, 2/3 bedroom house (25 September 2017).

The Stables

Permission under reference UTT/17/3434/PAP3Q allows for conversion of Stables to a single storey 2-bedroom house (17 January 2018).

 The Flat

Permission under reference UTT/13/029/FUL allows for change of use of stables to a bed and breakfast (13 March 2013).

 

Further details of the planning permissions can be found within our Property Portal (https://weldonbeesly.com/property-portal/). Enter ‘Property’ for username and password for access.

 

Services

Mains electricity is available to the property and has recently been upgraded. Drainage to the property is provided by a shared private drainage system being a klargester. Water is currently supplied from a borehole on third party land, for which this Property retains rights for the supply.

 

Occupations Arrangements

All commercial units have been let out by way of verbal agreements. We understand that none of these are contracted out of the security of tenure provisions of the Landlord and Tenant Act 1954. The Flat is currently let under the terms of an Assured Shorthold Tenancy.

 

EPC Rating – The Flat

Contact the agents for further details.

 

Viewing

Due to the current Covid 19 pandemic, viewings may be restricted.

 

Health and Safety

We would ask that you be as vigilant as possible when making an inspection, for your own personal safety and that of others.

 

Directions

From the M11, Junction 8 take the exit towards Stansted Airport. At the next roundabout take the second exit towards the Long Stay Car Park. After going straight over the next three roundabouts and travelling along the road for a further 1.5 miles the property is on your left, after The Ash pub in Burton End.

Address: Burton End
City:
Postcode: CM24 8UQ
Country: United Kingdom
Property Id: 21089
Price: Guide Price £ 600,000

Tom Banks

Phone:07944 588360
Email:tom.banks@weldonbeesly.com

Contact Me

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