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Agent's details

6 Godbolts Business Park, London Road, Marks Tey, Essex, CO6

To rent: £17,940.00 Per Annum|1,482 Sq Ft|Office, Offices

Property details

TO RENT£17,940.00 Per Annum
SIZE1,482 Sq Ft
ADDRESS6 Godbolts Business Park, London Road, Marks Tey, Essex, CO6
TYPEOffice, Offices
TENURETo Let, Under Offer
POSTED ON23rd August 2024

Description

The office accommodation is self-contained, open plan and provided over two floors. There is an accessible WC and kitchenette on the ground floor. The high specification includes; lighting, carpeting (to be replaced imminently), floor boxes and perimeter trunking for data and power. Wall mounted units provide heating and cooling.

A 100mb internet line is connected with the cost included until February 2028 (worth £300 pcm).

There are five allocated car parking spaces (with scope for further unofficial parking). There are also shared visitor spaces on site, along with picnic areas within the landscaped grounds.

ACCOMMODATION
[Approximate Net Internal Floor Areas]

Total: 1,482 sq ft [137.7 sq m] approx.

TERMS
The premises are available to let by way of an assignment of the existing lease which is to expire Feb 2028 and features a tenant only break option in February 2026. The current passing rent is £20,000 per annum (i.e. £1,666.67 per calendar month, payable quarterly in advance.

*The assignor is subsidise the rent until the break, reducing the monthly rent to £1,495 per calendar month. Plus VAT at the prevailing rate.

Consideration will be given to a sub-lease of the whole.

Note: Subject to terms and covenant the landlord may give consideration to a new letting of the whole.

SERVICE CHARGE/ BUILDING INSURANCE
An annual service charge is applicable and covers the repair and maintenance of all of the communal areas and facilities. Approx. cost for the current year of £926.25 plus VAT per quarter.

Tenants will be required to reimburse the landlords the full cost of buildings insurance cover. Approx. cost for the current year of £632.29 plus VAT.

BUSINESS RATES
We have been informed that the rateable value is £20,500. We estimate that the rates payable are likely to be in the region of £10,230 per annum.

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

ENERGY PERFORMANCE CERTIFICATE [EPC]
We have been advised that the premises fall within class C (64) of the energy performance assessment scale. A full copy of the EPC assessment and recommendation report is available from our office upon request.

VAT
We are advised that VAT is applicable at the prevailing rate.

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.

LEGAL COSTS
Each party will bear their own legal costs.

VIEWING
Strictly by appointment via sole agents Fenn Wright. ( Agency Pilot Software ref: 14870461 )

Location

marker
Location: 6 Godbolts Business Park, London Road, Marks Tey, Essex, CO6

Marks Tey (1.4 miles)

Kelvedon (3.2 miles)

Chappel & Wakes Colne (3.3 miles)

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