Industrial unit to rent

Description

*Undergoing refurbishment* The unit is of steel portal frame construction under a pitched and insulated roof which incorporates transparent roof lights. A personnel door provides access to a large office / trade counter area, two WC's and the main warehouse area. The office benefits from windows with security bars, suspended ceiling, carpeting, and electric heating.

A warehouse area is access via a manually operated loading door (approx. 3m wide by 4.2m high). Eaves height approx. 4m and Apex approx. 5.2m. There is a painted floor, florescent lighting and tea point. We are advised that three phase power and mains water/drainage are connected.

Externally there is a concrete forecourt for loading / unloading and four marked car parking bays.

ACCOMMODATION
[Approximate Gross Internal Floor Area]

Unit 9 1,700 sq ft [157.9 sq m] approx.

TERMS
The premises are available to let on a new full repairing and insuring lease, with lease length and terms to be agreed, at a rent of £24,000 per annum plus VAT.

SERVICE CHARGE
A service charge will be applicable to cover costs of; maintenance of the estate communal areas, landscaping, and lighting.

Approximate cost for the current year is £1,157.28 plus VAT, payable on account.

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

For the current year the approximate cost is £286.82 plus VAT.

BUSINESS RATES
We are advised that the premises have a rateable value, with effect from the 1st April 2023, of £15,750. Therefore estimated rates payable of approximately £8,000 for the current year.
Interested parties are advised to make their own enquiries.

ENERGY PERFORMANCE CERTIFICATE [EPC]
We have been advised that the premises fall within class D (86) of the energy performance assessment scale. A full copy of the EPC assessment is available upon request.

Note: a new EPC will be obtained once the refurbishment works have been completed-targeting a 'B' rating.

VAT
VAT will be applicable on the rent and service. All rents and prices are exclusive of VAT under the Finance act 1989.

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 a prospective tenants identity prior to the instruction of solicitors.

VIEWINGS STRICTLY BY APPOINTMENT VIA SOLE LETTING AGENTS:
Fenn Wright
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Location

The property is prominently located end of terrace on Smeaton Close on the very well established and popular Severalls Industrial Park which is located to the North of Colchester, close to The Crown Interchange (Junction 29) of the A12 / A120, and benefits from excellent road links to the national motorway network, Stansted Airport, and the east coast ports of Harwich and Felixstowe. Colchester City Centre and mainline railway station (London Liverpool Street approx. 50 minutes) are only 3.5 miles distant.
Nearby occupiers include; Screwfix, Toolstation, Edmundson Electrical, Eurocell, BSS, ALLTrade, Crown Decorating Centres, and Motorparts Direct.