Industrial unit for sale

LOCATION
Edward Park is located on the well-established Whitehall Industrial Estate, approximately 2.3 miles south east of Colchester City Centre. The estate has good transport links to the A12 and A120, located approximately 5 miles north, via the Ipswich Road Roundabout. Harwich Port is 23 miles to the east, Felixstowe Port, 30 miles to the north east and London, 60 miles south west.

From Whitehall Road, proceed south east along Grange Way, following the road all the way to the end where Edward Park is located on the right-hand side. Unit 12 is accessed via the private gate to at the end of Grange Way.

DESCRIPTION
The property comprises a detached warehouse, constructed of steel portal frame, part brick / part clad elevations, beneath a pitched, insulated clad roof, with roof lights and concrete floor. The property benefits from an electric up and over entrance door (approx. 3m wide x 4m high), with an additional pedestrian door providing access to a reception and offices, fire escape door and UPVC double glazed windows at first floor. The height to underside of eaves is approx. 4.8m and 6.2m apex.

Internally the property benefits from warehouse accommodation, and offices on ground and first floor, comprising reception area, board room, kitchen and male and female WC facilities. The offices benefit from heating via a gas boiler, air conditioning, florescent lighting and carpet / vinyl flooring.

Externally the property benefits from a gated secure yard / parking area to the front, extending to approximately 3,419 sq. ft (0.078 acres). The total site area, which includes the building and rear fire escape route extends to 7,142 sq. ft. (0.164 acres).

ACCOMMODATION
The total area of the property extends to gross internal area of 3,238 sq. ft., 904 sq. ft. of which is situated on the first floor, providing office accommodation. Schedule detailed below:

GF Warehouse 161.16 sq. m 1,735 sq. ft.
GF Reception 15.58 sq. m 168 sq. ft.
GF Back Office 16.14 sq. m 174 sq. ft.
GF Kitchen 10.78 sq. m 116 sq. ft.
FF Board Room 30.17 sq. m 325 sq. ft.
FF Directors Office 32.30 sq. m 348 sq. ft.
FF Front Office 13.68 sq. m 147 sq. ft.
FF Back Office 16.20 sq. m 174 sq. ft.

SERVICES
We understand that mains electricity, gas, water and drainage are connected to the property.

TERMS
A guide Price of £550,000 (five hundred and fifty pounds) plus VAT, STC for the Freehold interest, to be sold with vacant possession.

OUTGOINGS
The property is within Colchester City Council for rating purposes and is described and assessed in the current Rating List 2023 as follows:

Address: 12, Edward Park, Grange Way, Colchester, CO2 8FZ
Description Warehouse and premises
Area 275.4 sq. m
Rateable Value £23,750

VAT
The property is elected for VAT.

LEGAL COSTS
Each party is to be responsible for their own legal fees in relation to any transaction.

VIEWING
Strictly by prior appointment with the sole agents, Nicholas Percival Chartered Surveyors. FAO Billy Coe MRICS or Max Copeland

REF: C5896