Guide price
£275,000
(£140.00/sq. ft)
Light industrial for saleRippers Court, Sible Hedingham CO9
2,300 sq. ft
About this property
Unique investment opportunity
Potential 10% gross rental yield
Flexible layout suitable for multiple occupiers or owner-occupation
Versatile light industrial / multi-use premises
Six first-floor office suites
Approximately 1,000 sq ft of ground-floor workshop / warehouse space
Ground floor divided into three separate working areas
Offices with natural light and fresh-air ventilation
An attractively configured light industrial property offering a combination of first-floor office accommodation and ground-floor workshop or warehouse space, presenting an opportunity for both investors and business owners.
The first floor comprises six individual office suites, previously operated as serviced offices under licence agreements, including five offices of approximately 120 sq ft and a larger office of approximately 220 sq ft. Each office benefits from separate electricity metering, fresh-air ventilation, natural light, electric heating, a dedicated post box and intercom access to the main entrance. Shared facilities include two WCs and a kitchenette.
Based on the previous use and the individual office configuration, the five smaller offices could each generate an estimated rental income of £175–£200 pcm, with the larger office potentially achieving £350–£400 pcm, depending on fit-out and specification.
Projected Gross Rental Income: £1,400 pcm (£16,800 per annum)
The ground floor provides approximately 1,000 sq ft of workshop or warehouse accommodation, currently arranged as three separate working spaces. The existing layout can be retained or adapted to suit an incoming occupier's requirements.
The ground floor workspace is served by a WC and wash basin and benefits from a separate electricity meter and intercom access to the main entrance.
Estimated Open Market Rental Value: £850 pcm (approximately £10,000 per annum)
The flexible layout and practical access arrangements offer potential for a range of light industrial, workshop, storage or similar business uses, subject to any necessary consents.
The property offers flexibility for an owner-occupier seeking a combination of office and operational space, or an investor looking to generate income from multiple occupiers.
**Potential Total Gross Rental Income: £2,233 pcm (£26,800 per annum)**
**Potential Gross Yield: Approximately 10% at the asking price.**
*Rental income and yield figures are indicative and assume full occupation at the estimated market rents. Gross yield is calculated before operating costs, maintenance, management fees and any periods of vacancy.*
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