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MapIndustrial unit to rent
1a Riverside Avenue West, Lawford, Essex, CO11
Industrial unit
3,903 sq ft / 363 sq m
Features and description
- Due To Undergo Light Refurbishment
- Air Conditioned First Floor Offices
- A Mix of Storage / Workshop Areas
- WC and Kitchenette / Staff Room Facilities
- Popular Business Location
- Easy access to A120 / A12
The unit is of steel portal frame construction with brick and profile steel elevations under a pitched and insulated roof. Behind a full height roller shutter door (approx. 3m wide by 3.5m high) is a double glazed set of entrance doors which lead to a reception area.
The ground floor provides a mix of storage / workshop areas, which feature LED lighting and AC in part (not tested) along with an accessible WC. To the first floor is a large open plan office area, meeting room, kitchenette/staff room, and storage room. There are also additional WC facilities.
Externally there is a concrete forecourt area for loading / unloading and temporary parking with six allocated parking spaces to the side of the premises. There is additional unallocated car parking located around the estate on a first come first serve basis.
ACCOMMODATION
[Approximate Gross Internal Floor Areas]
Ground Floor 1,954 sq ft [181.5 sq m] approx.
First Floor 1,949 sq ft [181.1 sq m] approx.
Total 3,903 sq ft [362.6 sq m] approx.
TERMS
The unit is available To Let on a new full repairing lease (excluding exterior decoration), for a minimum unbroken term length of three years, at a rent of £35,000 per annum (plus VAT). The rent is to be paid quarterly in advance, and we are advised that VAT is applicable.
DEPOSIT
A deposit will be required upon completion of the lease. The amount is assessed on a case by case basis and is subject to financial checks confirming the covenant strength of the company taking the lease.
PLANNING / USE
The unit is available for office, light industrial, trade counter and storage / warehouse use only. Motor trade or leisure related uses are unfortunately not permitted on site.
SERVICE CHARGE
We are advised that a service charge is not applicable.
BUILDINGS INSURANCE
Buildings insurance for the premises is paid by the landlord and reclaimed from the tenant, exact costs are dependant upon the type of business. Contents insurance is the responsibility of the tenant.
BUSINESS RATES
We have been advised that the rateable value, with effect from 1st April 2023, is £23,750.
Therefore approximate rates payable £11,850.
We recommend all parties make their own direct enquiries with the local rating authority.
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 is available upon request.
VAT
VAT will be applicable on the rent. All rents and prices are exclusive of VAT under the Finance Act 1989.
LEGAL COSTS
Each party will bear their own legal costs.
VIEWINGS STRICTLY BY APPOINTMENT VIA SOLE LETTING AGENTS
Fenn Wright
T:[use Contact Agent Button]
E: [use Contact Agent Button]
The ground floor provides a mix of storage / workshop areas, which feature LED lighting and AC in part (not tested) along with an accessible WC. To the first floor is a large open plan office area, meeting room, kitchenette/staff room, and storage room. There are also additional WC facilities.
Externally there is a concrete forecourt area for loading / unloading and temporary parking with six allocated parking spaces to the side of the premises. There is additional unallocated car parking located around the estate on a first come first serve basis.
ACCOMMODATION
[Approximate Gross Internal Floor Areas]
Ground Floor 1,954 sq ft [181.5 sq m] approx.
First Floor 1,949 sq ft [181.1 sq m] approx.
Total 3,903 sq ft [362.6 sq m] approx.
TERMS
The unit is available To Let on a new full repairing lease (excluding exterior decoration), for a minimum unbroken term length of three years, at a rent of £35,000 per annum (plus VAT). The rent is to be paid quarterly in advance, and we are advised that VAT is applicable.
DEPOSIT
A deposit will be required upon completion of the lease. The amount is assessed on a case by case basis and is subject to financial checks confirming the covenant strength of the company taking the lease.
PLANNING / USE
The unit is available for office, light industrial, trade counter and storage / warehouse use only. Motor trade or leisure related uses are unfortunately not permitted on site.
SERVICE CHARGE
We are advised that a service charge is not applicable.
BUILDINGS INSURANCE
Buildings insurance for the premises is paid by the landlord and reclaimed from the tenant, exact costs are dependant upon the type of business. Contents insurance is the responsibility of the tenant.
BUSINESS RATES
We have been advised that the rateable value, with effect from 1st April 2023, is £23,750.
Therefore approximate rates payable £11,850.
We recommend all parties make their own direct enquiries with the local rating authority.
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 is available upon request.
VAT
VAT will be applicable on the rent. All rents and prices are exclusive of VAT under the Finance Act 1989.
LEGAL COSTS
Each party will bear their own legal costs.
VIEWINGS STRICTLY BY APPOINTMENT VIA SOLE LETTING AGENTS
Fenn Wright
T:[use Contact Agent Button]
E: [use Contact Agent Button]
Property information from this agent
About this agent
Fenn Wright - Colchester Commercial Sales & Lettings
882 Colchester Business Park, The Crescent
Colchester Business Park, Colchester
CO4 9YQ
01206 988207Commercial 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.