Sold

CAR PARK, SERVICE ROADS & LAND WITH EXPIRED PLANNING PERMISSION - EAST HANNINGFIELD, CHELMSFORD - A freehold car park with 74-78 parking spaces located within an industrial estate. The car park is currently utilised free of charge by all units on the industrial estate on a first come first served basis, which leaves scope for a purchaser to either sell the parking spaces off individually, lease the spaces out, or set an hourly/daily rate for each space and instructing a parking enforcement company to monitor. In addition to the car park, the service roads surrounding the industrial units on the estate are included within the sale price along with a piece of land which we have been advised has expired planning permission to erect another light industrial/warehouse unit. A service charge from each unit is payable to our client to cover general maintenance, lighting, water and CCTV on the estate. Our client takes a monthly management fee from the service charge of £700 plus VAT broken down as £500 plus VAT for general management and £200 plus VAT for parking management.