15 Mar £5m+ Maldon former mill with Warehouses with residential potential to be sold at auction
A Grade II listed former mill in Maldon is to be sold at auction with a guide price of £5m-£5.25m.
ICS House, 10-14 Hall Road, comprises a site of 1.67 acres converted to offices together with two separate warehouse buildings and parking. It currently produces annual rental income of £449,456.
An indicative plan showing how the site could be redeveloped into of 32 flats and 19 houses has been prepared.
John Mehtab of Acuitus comments: “ICS House benefits from its long-term occupier Rockwell Automation Limited which has been in occupation of the property since 1982 and its locality among industrial and residential properties with a major Asda supermarket and the Bental Shopping Ventre close by.”
The auction takes place on 25th March and will be broadcast online from Acuitus.co.uk.
Interested buyers can submit bids by telephone, online or by submit a bid by proxy.