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Industrial unit to rent

29B Peartree Business Centre, Peartree Road, Stanway, Essex, CO3
Industrial unit
3,147 sq ft / 292 sq m
Added < 7 days

Features and description

  • Prominent Mixed Use Business Premises With Parking
  • Recently Refurbished And Available For Swift Occupation
  • Predominantly Open Plan With A Separate Storage Space
  • Tea Point and WC Facilities
  • Four Allocated Car Parking Spaces
  • Established & Popular Mixed Use Business Location
This, recently refurbished, mid-terrace unit is of steel portal frame construction with part brick and part profile steel clad elevations, under a pitched and insulated roof. A personnel door on the front elevation provides access to the main building (suspended ceiling height approx. 2.38m), which benefits from a tea point and WC facilities.

At the rear, the unit has been extended to include additional storage space and includes a mezzanine area for further storage.

The unit also benefits from lighting, wall mounted AC, a gas heater, three phase power, gas supply and mains water (services not tested).

Externally, there is a forecourt providing four allocated car parking spaces.

ACCOMMODATION
[Approximate Gross Internal Floor Areas]

Main Building: 1,909 sq ft [177.35 sq m] approx.
Rear Store (extension): 313 sq ft [29.08 sq m] approx.
Mezzanine Floor: 925 sq ft [85.93 sq m] approx.
Total: 3,147 sq ft [292.36 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 £30,000 per annum (no VAT).

SERVICE CHARGE
A service charge will be applicable to cover the cost of maintenance of the estate communal areas, landscaping and street lighting. Approximate cost for the current year is £915.00 plus VAT.

BUSINESS RATES
We are advised that the premises have a rateable value, with effect from the 1st April 2023, of £21,000.
Therefore estimated rates payable of approximately £10,480 for the current year.
Interested parties are advised to make their own enquiries.

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 £850.00.

ENERGY PERFORMANCE CERTIFICATE [EPC]
We have been advised that the premises fall within class C (74) of the energy performance assessment scale.
A full copy of the EPC assessment is available upon request.

PLANNING
We understand that the previous use was for a kitchen & bedrooms showroom, sales, and storage.
Interested parties are advised to make their own enquiries direct with Colchester City Council.

VAT
We are advised that VAT is not applicable. 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
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Fenn Wright - Colchester Commercial Sales & Lettings
Fenn Wright - Colchester Commercial Sales & Lettings
882 Colchester Business Park, The Crescent Colchester Business Park, Colchester CO4 9YQ
01206 988207
Full profileProperty listings
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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