The premises are of steel portal frame construction with part brick, part profile steel clad elevations under a pitched roof incorporating translucent roof lights. Minimum eaves height approx. 3.2m and apex height approx. 4.4m.
Two full height roller shutter doors provide access to the main industrial areas, which benefit from concrete flooring, LED high bay lighting, three phase power, gas heater (not tested), office, tea point and WC facilities.
There are two personnel doors on the front elevation, both with entrance lobbies; one leading to the office and WC facilities in Unit 13; the other leading to separate W/C facilities in Unit 12. An additional UPVC personnel door behind the roller shutter on unit 13 provides a 'trade counter' entrance to the warehouse.
Externally there is large concrete forecourt providing ample loading / unloading space, as well as area for car parking .
LOCATION
The property is located on Commerce Park, within the popular Whitehall Industrial Estate, approximately two miles to the South of Colchester City Centre. Good access is available to the inner ring road system which links directly to the A12 / A120, providing easy access to Stansted Airport and the East Coast ports of Harwich and Felixstowe.
ACCOMMODATION
[Approximate Gross Internal Floor Areas]
Total: 2,408 sq ft [223.7 sq m] approx.
TERMS
The premises are available to let on a new full repairing and insuring lease, lease length and terms to be agreed, at a rent of £33,750 per annum (plus VAT).
Alternatively the units are available separately at a rent of £18,500 per annum (plus VAT) each.
We are advised that VAT will be applicable.
SERVICE CHARGE
A service charge is applicable to cover; maintenance of the estate communal areas, landscaping and lighting. The approx. cost for the current year is £912.75 (plus VAT).
BUILDINGS INSURANCE
The buildings insurance is to be arranged by the landlord with the cost to be recovered from the tenant. The approx. cost for the current year is £TBC (plus VAT).
BUSINESS RATES
We are advised that the premises have a rateable value, with effect from the 1st April 2023, of £16,500.
We therefore estimate rates payable are likely to be in the region of £8,233.50 for the current year.
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 E (120) of the energy performance assessment scale.
A full copy of the EPC assessment is available upon request.
VAT
We are advised that VAT will be applicable. All rents and prices are exclusive of VAT under the Finance act 1989.
LEGAL COSTS
Prior to the instruction of solicitors, the tenant will be required to pay a non-refundable administration fee of £750.00 plus VAT. Each party will otherwise bear their own legal costs involved with this transaction.
VIEWINGS STRICTLY BY APPOINTMENT
VIA SOLE LETTING AGENTS:
Fenn Wright
Contact:
T: 01206 854545
E: colchestercommercial@fennwright.co.uk
( Agency Pilot Software ref: 14870634 )
