Summary - Units 10, 12 & 14, Driberg Way, Braintree CM7 1NB
1 bed 1 bath Light Industrial
Three let light‑industrial units on a large 0.44‑acre plot — immediate income with near‑term lease reversion risk..
Freehold terrace of three light industrial units, totalling c.3,923 sq ft
Secure rear yards and dedicated parking for each unit; large plot (~0.44 acre)
Current aggregate passing rent £45,405 pa from three FR&I leases
Leases start 2023 with rent reviews and tenant break options in 2026–2027 (near-term risk)
EPCs: two units rated E and one D — improvement may be required
Business rates substantial (Unit10 £12,500; Unit12 £11,250; Unit14 £10,750)
Access via council-owned Driberg Way; owners responsible for shared upkeep
No VAT election; no flood risk; built c.1980 (basic industrial construction)
This freehold terrace of three light industrial units on Driberg Way offers a ready-made, income-producing investment close to Braintree town centre and the A120. The site extends to about 0.44 acres and comprises three steel-framed units (each ~1,300 sq ft) with secure rear yards, dedicated parking and roller-shutter access — practical for small manufacturers, trade counters or vehicle storage.
The portfolio is let on full repairing and insuring leases to three occupiers, producing a current passing rent of £45,405 per annum. Leases began in 2023 and provide short-term income, but several contain tenant break options and rent reviews in 2026–2027, so future income is exposed to near-term vacancy or reversion risk.
Key running considerations are clear: EPC ratings are D and E (units require improvement to meet future compliance expectations), business rates are material (listed per unit), and access is via a council-owned estate road for which occupiers/owners share upkeep responsibilities. The property is not elected for VAT and is offered freehold, making it straightforward for purchase and asset management.
This site suits investors looking for a compact multi-let light industrial holding with immediate income and short-term asset management opportunities (lease renewals, EPC uplift, re-letting). Buyers should plan for potential downtime around 2026–2027 and factor in EPC works, business rates and shared estate maintenance in valuation and budgeting.
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