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For Sale: POA

Sold

12 Grange Way Business Park, Colchester, Essex, CO2

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  • Area

    area
    5824Sq Ft

Location
The unit is situated on the popular Whitehall Industrial Estate which is located approximately two miles to the South of Colchester town centre. Easy access is available to the inner ring road system which leads directly to the A12/A120 providing fast links to the national motorway network.
Description
This detached unit is of steel portal frame construction with brick / block and part steel profile clad elevations under a pitched and insulated roof incorporating translucent roof lights. Two full height up and over doors (approx. 3m wide x 4m high), provide access to the main industrial area, which has an eaves height of approx. 4.7m, fluorescent lighting, three phase power and a gas warm air heater (not tested).

A personnel door on the front elevation leads to an entrance lobby, access to the first floor offices and a trade counter area. On the first floor there is a large open plan office area including a meeting room, and kitchenette. The offices feature suspended ceilings with recessed lighting and heating / cooling units. There is also a fire alarm, intruder alar, CCTV and security shutters.

Externally there is a self-contained, fenced and gated, concreted yard area to the side / rear, with a canopy providing a covered loading area and a forecourt providing parking for at least seven cars.

Accommodation
(Approximate gross internal measurements)

Ground Floor 3,496 sq ft (324.8 sq m)
First Floor 1,238 sq ft (115.0 sq m)
Mezzanine 1,090 sq ft (101.3 sq m)
Total 5,824 sq ft (541.1 sq m)

Canopy 1,023 sq ft (95.0 sq m)

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 £42,500 per annum. We are advised that VAT is applicable.

Alternatively our client may consider a freehold sale, price upon application.

Service Charge
There is to be a service charge provision within the lease to cover the costs of repairs and maintenance to communal external roadway, which is chargeable on an ad hoc basis.

Buildings Insurance
The buildings insurance is to be arranged by the landlord with the cost to be recovered from the tenant.

Business Rates
We have been informed that the rateable value is £29,500. We estimate that the rates payable are likely to be in the region of £14,750 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 (65) of the energy performance assessment scale. A full copy of the EPC assessment and recommendation report is available from our office upon request.

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.

Legal Costs
Each party will bear their own legal costs.

Viewing
Strictly by appointment via sole agents: Fenn Wright.

Features

  • High Quality Business Premises With A Gated Yard
  • Two Storey Air Conditioned Offices
  • Fenced, Gated & Concreted Yard
  • Mezzanine Floor
  • Canopy Loading Area
  • Excellent On Site Car Parking
  • Established Business Park Location

Floor plan

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Map

Call

Michael Moody

01206 854545
Make an enquiry

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