No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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From£175,000
Added > 14 days

Office for sale

4 &5 Dedham Vale Business Centre, Manningtree Road, Dedham, Essex, CO7
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Office
0 bed
0 bath
674 sq ft / 63 sq m

Property description & features

  • Tenure: Freehold
  • Two Air Conditioned Offices in a Rural Countryside Setting
  • Investment Opportunity Or Suits Owner Occupier
  • Currently Producing An Income Of £22,000 PAX
  • Two Self Contained Offices With An Interconnecting Door
  • Available Together or Separately
  • Heating / Cooling & Vaulted Ceilings
  • Accessible WC & Kitchenette Facilities
A detached building forming a pair of semi-detached offices with a pitched roof and vaulted ceiling. Each office benefits from: Self-contained entrance, accessible W/C, kitchenette, air conditioning, network cabling, florescent lighting, carpeting, double glazing, electrical sockets and fire & intruder alarms.
The offices are currently interlinked internally to suit a single occupier. The current tenant has an obligation to remove the door and reinstate/make good if required.
Externally there are eight car parking spaces, four for each office, within a landscaped

ACCOMMODATION
[Approximate Net Internal Floor Areas]

Office 4: 674 sq ft [62.6 sq m] approx.
Office 5: 674 sq ft [62.6 sq m] approx.
Total: 1,348 sq ft [125.2 sq m] approx.

OPPORTUNITY
Both offices are currently let to Hawksmoor Construction Services Ltd (Experian rating 96/100 'very low risk') generating a combined income of £22,000 per annum exclusive (£11,000 pa each). The current five year leases are due to expire in February 2025.
Further information is available upon request.

TERMS
The offices are available For Sale Freehold at £175,000 plus VAT each or combined for £340,000 plus
VAT.

SERVICE CHARGE
A service charge is applicable to cover; maintenance of the estate communal areas, landscaping, lighting and car parking areas, and the septic tank. The approx. costs for the current year are: Unit 4 £1,252 plus VAT and Unit 5 £1,266 plus VAT.
This cost is recoverable from the tenant, payable in quarterly instalments.

BUSINESS RATES
We have been informed that the combined rateable value is £19,500. We estimate that the rates payable are likely to be in the region of £9,700 per annum.
Interested parties are advised to make their own enquiries with the local rating authority to confirm their liabilities

ENERGY PERFORMANCE CERTIFICATE [EPC]
We have been advised that the premises fall within class C(53) of the energy performance assessment scale.
A full copy of the EPC assessment and recommendation report is 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
Each party will be responsible for their own legal costs.

ANTI-MONEY LAUNDERING REGULATIONS
Anti-Money Laundering Regulations require Fenn Wright to formally verify prospective purchaser's identify, residence and source of funds prior to instructing solicitors.

Property information from this agent

Places of interest

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    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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    *DISCLAIMER

    Property reference 14870452FH. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Fenn Wright - Colchester Commercial Sales & Lettings.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on February 5, 2024

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.