TYPEDistribution Warehouse, General Industrial, Leisure Property, Industrial, Licensed & Leisure
TENURETo Let
POSTED ON24th April 2023
Description
The premises are detached and of steel portal frame construction under a pitched roof with brick elevations. Large loading doors providing access in to the main warehouse area which has a concrete floor and lighting.
To the front elevation are ground floor offices with a reception area and W/C and tea point facilities. Above is a concrete first floor which can be utilised for storage or a tenant may wish to fit this out as office space.
Three phase power and mains water and drainage are connected.
Externally there is a car parking area to the front and car parking to each side with a yard area to the rear which can be utilised for storage or further parking. Parking for up to approximately 60 cars can be accommodated on site.
Terms The premises are available To Let on a new full repairing and insuring lease, terms to be agreed, at a rent of £250,000 per annum.
Service Charge We are advised that ta service charge will be applicable. The cost for the current year is TBC.
Building Insurance The premises are to be insured by the landlord with the cost to be recovered from the tenant. For the current year the approximate cost is £TBC.
Business Rates We have been informed that the premises have a rateable value, with effect from the 1st April 2023, of £38,750 therefore we estimate the rates payable to be in the region of £20,000.
Interested parties are advised to make their own enquiries with Colchester Borough Council to confirm their liabilities.
Energy Performance Certificate (EPC) A full copy of the EPC assessment and recommendation reports will shortly be available upon request.
Planning The premises have an established Leisure use having been a Roller Rink for the past twenty plus years. An application for a change of use to Use Class E and B8, as per the Use Classes order 2020, is soon to be submitted.
Interested parties are advised to make their own enquiries.
VAT 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. We are advised that VAT is not applicable.
Legal Costs Each party to bear their own legal costs.
Viewing Strictly by appointment via joint sole letting agents:
Fenn Wright 01206 85 45 45 colchestercommercial@fennwright.co.uk ( Agency Pilot Software ref: 14869917 )