Industrial unit to rent
Property description & features
LOCATION
This popular industrial development is situated approximately ½ mile to the west of Manningtree, in an established industrial area with direct access and visibility onto the B1352 (Station Road) which links to the A137 leading to Colchester and Ipswich which are both some 9 miles distance.
Manningtree Railway Station is close by, with frequent train services to Ipswich and London (Liverpool Street).
Unit 2, Causeway End is adjacent to Screwfix and close to LiveFit Gym.
DESCRIPTION
Unit 2 is of a steel portal frame construction with brick and block walls and the underside of eaves measuring approximately 3.7 metres. Two full height roller shutter door (approximately 3.65 metres width by 3.65 metres height) and individual personal doors provide access to a lobby area and WC facilities, which leads to the warehouse area.
Externally to the side there is a concrete rear yard area for storage and parking together with a front forecourt suitable for staff / customer parking.
Gross Internal Area - Approx. 4,890 sq. ft.
TERMS
The Unit is available from December 2024 on a new Full Repairing and Insuring Lease at a passing rent of £50,000 per annum exclusive plus VAT.
OUTGOINGS
BUSINESS RATES
We have been advised that the rateable value, with effect from 1st April 2023 is £21,250.
We recommend that all parties make their own direct enquiries with the Local Rating Authority, Tendring District Council.
VAT
We have been advised that VAT is applicable on the Rent and the Service Charge.
LEGAL COSTS
Each party will bear their own legal costs in connection with this transaction.
SERVICE CHARGE
We are advised that a Service Charge is levied towards the upkeep and maintenance of the private estate road.
PLANNING
Motor trade related uses will not be permitted.
OTHER
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.
BUILDING INSURANCE
Building Insurance for the premises is paid by the Landlord and recovered from the Tenant, the exact costs are dependent upon the type of business and use of the building.
CONTENTS INSURANCE
Is the responsibility of the Tenant.
ENERGY PERFORMANCE CERTIFICATE (EPC)
We have been advised that the premises fall within Class D of the Energy Performance Assessment scale. A full copy of the EPC assessment is available upon request.
ANTI-MONEY LAUNDERING REGULATIONS
Anti-Money Laundering Regulations require Nicholas Percival to formally verify prospective tenant’s identity, residence and source of funds prior to instructing solicitors.
REF: C5747
VIEWING
Strictly by prior appointment with the sole agents, Nicholas Percival Chartered Surveyors.
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