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No longer on the market

This property is no longer on the market

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Industrial unit

Let agreed
Industrial unit
2380
Added > 14 days

Features and description

  • Light Industrial / Business Unit On A Gated Site
  • Available For Swift Occupation
  • Warehouse Area With Large Loading Door
  • First Floor Offices & Shower Facilities
  • Ground Floor Kitchenette & W/C Facilities
  • On Site Car Parking Spaces
The premises are of steel portal frame construction with part brick, part profile steel clad elevations under a pitched roof which incorporates translucent roof lights. The unit benefits from a large loading door providing access to the warehouse area.

A personnel door leads to a lobby / reception area, with kitchenette and W/C facilities, and stairs to two first floor office areas (one of which benefits from shower facilities). A large roller shutter door and additional personnel door provide access to the warehouse area.

Externally, there is on site car parking, plus loading / unloading space.

Accommodation
(Approximate gross internal measurements)
Ground Floor Approx. 1,795 sq ft (166.8 sq m)
First Floor Approx. 585 sq ft (54.3 sq m)
Total Approx. 2,380 sq ft (221.1 sq m)

Terms
The premises are available to let on a new full repairing and insuring lease, lease length and terms to be agreed, at a rent of £27,500 per annum.

We are advised that VAT is applicable.

Service Charge
A service charge is applicable to cover; maintenance of the estate communal areas and landscaping.

The approx. cost for the current year £1,610.

Buildings Insurance
The buildings insurance is to be arranged by the landlord with the cost to be recovered from the tenant.

The approx. cost for the current year is £413.

Business Rates
We have been informed that, effective 1st April 2023, the rateable value is £15,000. We therefore estimates that the rates payable are likely to be in the region of £7,485.

We recommend all parties make their own direct enquiries with the local rating authority to confirm their liabilities.

Energy Performance Certificate (EPC)
We have been advised that the premises fall within class E (106) of the energy performance assessment scale.

A full copy of the EPC assessment and recommendation report are available from our office upon request.

VAT
All rents and prices are exclusive of VAT under the Finance Act 1989. Interested parties are advised to consult their professional advisors as to their liabilities, if any, in this direction.

Legal Costs
Prior to the instruction of solicitors the tenant will be required to pay a non-refundable administration fee of £750.00 plus VAT. Each party will otherwise bear their own legal costs involved with this transaction.

Viewing
Strictly by appointment via sole agents:

Fenn Wright
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Property information from this agent

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About this agent

Fenn Wright - Colchester Commercial Sales & Lettings
Fenn Wright - Colchester Commercial Sales & Lettings
882 Colchester Business Park, The Crescent Colchester Business Park, Colchester CO4 9YQ
01206 988207
Full profileProperty listings
Commercial Agency, Estate Agents and Letting Agents Our Colchester Business Park office is home to our North Essex Commercial agency team who specialise in the sale, letting and acquisition of commercial premises. The office is headed up by Michael Moody, who joined Fenn Wright alongside Jeremy Newman in 2017, following the acquisition of Newman Commercial. The focus of this office is on the sale and letting of industrial, office and retail spaces across North Essex and the provision of expert advice to support requests for formal valuations, rent reviews, strategic asset management and development decisions. Together with our commercial property valuation team, who operate out of our nearby Stanway office, Fenn Wright offer unrivalled knowledge and exposure to the commercial property market within Colchester and the surrounding area.
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