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Under OfferFor rent: £17,500.00 Per AnnumFor sale: £215,000.00

8 Crown Court, Clough Road, Colchester, CO4 9TZ

Office, Distribution Warehouse, Light Industrial, Offices, Industrial , 2143 Sq Ft
Property type: Office, Distribution Warehouse, Light Industrial, Offices, Industrial
Tenure: To Let, Under Offer, For Sale Freehold, For Sale Leasehold
Size: 2143 Sq Ft
Price: £215,000.00
Rent: £17,500.00 Per Annum
Location: 8 Crown Court, Clough Road, Severalls Park, Colchester, CO4 9TZ
The premises are situated on the established Severalls Industrial Park which is adjacent to the A12/A120 interchange which provides easy access to the east coast ports of Harwich and Felixstowe, Stansted Airport and the national motorway network.

This end terraced unit is of steel portal frame construction with a pitched and insulated roof which incorporates translucent roof lights. There is a personal door which provides access to a reception area, W/C facilities, office / staff room, a kitchenette and a mix of store rooms and warehouse space.

The warehouse benefits from an up and over loading door, power supply, fluorescent lighting, eaves height of approx. 4.6m and a pitch height of approx. 5.6m.

Access to first floor offices is provided via the reception. The offices benefit from a suspended ceiling, recessed fluorescent lighting, carpeting, gas central heating (not tested) and electrical sockets. There is also a burglar alarm, CCTV system and security bars fitted to the windows for additional security.

Externally there is a forecourt area providing car parking for approx. five cars and unloading / loading space.

(Approximate gross internal measurements)

Warehouse / Stores
and Facilities
Approx. 1,202 sq ft 111.1 m

First Floor Offices
Approx. 941 sq ft110.0 m

TotalApprox. 2,143 sq ft199.1 m

The premises are available for sale freehold at £215,000 (no VAT). Alternatively they are available to let on a new lease, lease length and terms to be agreed, at a rent of £17,500 per annum.

The figures quoted are exclusive of rates and VAT.

We are informed that the rateable value is £12,000. We estimate that the rates payable are likely to be in the region of £5,800 per annum. For rateable values below £12,000 100% rate relief may be available, subject to eligibility. We recommend all parties make their own direct enquiries with the local rating authority.

Interested parties are advised to make their own enquiries with the local rating authority to confirm their liabilities in this direction.

We have been advised that the premises falls within class E (105) of the energy performance assessment scale. A full copy of the EPC assessment and recommendation report is available from our office upon request.

All rents and prices are exclusive of VAT under the Finance Act 1989. Interested parties are advised to consult their professional advisors as to their liabilities, if any, in this direction.

Each party will bear their own legal costs involved within the transaction.

Strictly by appointment via sole agents:
Newman Commercial
Tel: 01206 85 45 45
Email: mail@newmancommercial.co.uk

( Agency Pilot Software Ref: 14868833 )
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