Lot 1
Auction
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Unit 13, Ilford Trading Estate, Paycocke Road, Basildon, SS14 3DR

Auction
United Kingdom
Industrial
Commercial

Sold for £424,000

Property Summary

  • By order of the Joint Liquidators
  • Converted freehold office building
  • 277.27 sq m (2,985 sq ft)
  • Established and popular business location
  • Easy access to A127 and wider road network
  • Vacant

Contact Us

Oliver Childs
Oliver Childs
Property Agent, here to help.
Alexander Blanning
Alexander Blanning
Joint Agent, here to help.
Barnaby Heap
Vendor's Solicitor

Contact Us

Oliver Childs
Oliver Childs
Property Agent, here to help.
Alexander Blanning
Alexander Blanning
Joint Agent, here to help.
Barnaby Heap
Vendor's Solicitor

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Property description

 

The property comprises a semi-detached, two storey office of steel frame construction with brickwork elevations to the ground floor enclosed with a profile metal clad skin and mono-pitched profile metal clad roof incorporating roof lights.  

 

Internally, the property is well presented and fitted out to a high standard and is arranged to provide open plan and compartmentalised office accommodation with WC’s and kitchens on both floors.  There is a small yard area to the front with space for 3 – 4 vehicles with additional communal parking available.

Location

Basildon is a large town in Essex located approximately 26 miles east of Central London, 11 miles south of Chelmsford and 10 miles west of Southend-on-Sea. The town benefits from good road communication links being situated between the A127 to the north and A13 to the south, both of which provide direct and easy access to the M25 Orbital Motorway to the west. Basildon train station provides regular services to London Fenchurch Street in approximately 35 minutes.

The property is situated to the rear of Ilford Trading Estate located on the northern periphery of Basildon. The Estate forms part of a wider business / industrial area, known as the Cranes Industrial Area, adjacent to the A127. Access to the Estate is via Paycocke Road. Paycocke Road leads to East Mayne to the east and Gardiner Lane South to the west, both of which provide access to the A127. East Mayne forms one of the main arterial routes through Basildon.

Planning

For further information contact Essex County Council (0345 7430430) www.essex.gov.uk 

Tenure

Freehold

Additional Details

AddressFloorSq MSq Ft
Unit 13, Ilford Trading EstateGround136.261,467
First141.011,518
TOTAL 277.272,985

The floor areas are stated as Gross Internal Area (GIA).

VAT

Please refer to Legal Documents


*Terms & Conditions

Buyers are strongly advised to read these terms and conditions, and check the Special Conditions and any applicable Addendum, prior to bidding on a Lot. Additional costs, charges and encumbrances may apply for Buyers once they have made a successful bid in relation to a property.

  1. The reserve price is the minimum price at which the property can be sold at auction.
  2. Where a guide price (or range of prices) is given, that guide is the minimum price at which, or range of prices within which, the seller may be prepared to sell on the date on which the guide price, or range of prices, is published. The sale price, whether prior to or at the auction, can be above or below the guide price depending upon market activity. BidX1 and the seller accept no responsibility for any losses, costs or damages incurred by a buyer as a result of relying on any guide price. The buyer must decide how much they should bid for any Lot. All guide prices are quoted subject to contract. Guide prices given by BidX1 or the seller cannot be accepted by the buyer as being a professional valuation for any purpose in accordance with the requirements or guidance notes of relevant professional bodies or other authorities.
  3. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. Whilst every effort is made to ensure that these guides are not misleading, it is possible that the reserve price set for any Lot may exceed the previously quoted guide price (as the seller may fix the final reserve price just before bidding commences).
  4. The guide price for the Lot does not include the administration fee of £1,295 (inclusive of VAT) for all properties up to £49,999, and £2,000 (inclusive of VAT)for all properties £50,000 and above charged by BidX1. In the case of a joint agent this administration fee will be £2,400 (inclusive of VAT). In addition, the guide price does not include VAT on the sale price, or any additional costs, charges or encumbrances that might apply to some Lots and/or some buyers. The Special Conditions of Sale of the seller, and any applicable Addendum, will state if there are other costs, charges or encumbrances and whether the seller has elected to charge VAT on the sale price.
  5. To participate in the sale BidX1 must hold a minimum amount from all bidders. This participation amount and administration fee is fully refundable in the event that you are not the successful purchaser. For example, a participation fee of £4,795 comprises £3,500 relating to your bidder security (partial deposit payment) and an administration fee payable directly to BidX1. A higher participation amount may be payable depending on the reserve price of the Lot.
  6. Please note that Lots may be sold or withdrawn prior to auction.
  7. All lots sold “Subject to Vendor Confirmation” will be subject to the acceptance and confirmation by the Vendor. The highest bid will be presented to Vendor, the vendor will have to either accept, decline or make a counter offer the highest bid within the confirmation period. Should the Vendor decide to make a counteroffer, then a private link will be sent to the Highest Bidder advising the offer the Vendor is willing to accept. The Highest Bidder will have to either accept or reject the Vendor’s counteroffer. The Vendor reserves the ultimate right, apart from the auctioneer, to accept and to decline to sell to the highest or any bidder, without giving any reasons.
  8. No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the seller in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the seller. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the seller. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller.
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