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To Let: £15,000 pa

Under Offer

14 Peartree Business Centre, Peartree Road, Stanway, Colchester, Essex, CO3

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  • Area

    area
    1714Sq Ft

The unit is of steel portal frame construction with part brick and part profile steel clad elevations, under a pitched and insulated roof. A personnel door on the front elevation provides access to the warehouse (eaves height approx. 2.5m), which benefits from an office, tea point and W/C facility. The unit benefits from lighting and 3 phase power. There is also a full mezzanine storage area (eaves height approx. 1.89m).

Externally, there is a concrete forecourt providing space for parking / loading, as well as a self-contained gated side yard with a full height roller shutter door providing access to the warehouse. In addition, there is an external store to the rear accessed via the yard or a personnel door within the warehouse.

ACCOMMODATION
[Approximate Gross Internal Floor Areas]

Ground Floor: 932 sq ft [86.6 sq m] approx.
Mezzanine: 782 sq ft [72.7 sq m] approx.
Total: 1,714 sq ft [159.3 sq m] approx.

TERMS
The premises are available to let on a new full repairing and insuring lease, with lease length and terms to be agreed, at a rent of £15,000 per annum (no VAT). The rent is to be payable quarterly in advance.

SERVICE CHARGE
A service charge will be applicable to cover the cost of maintenance of the estate communal areas, landscaping and street lighting.
Approximate cost for the current year is £501.00 plus VAT.

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

BUSINESS RATES
We are advised that the premises have a rateable value, with effect from the 1st April 2023, of £10,500.
For rateable values below £12,000, 100% small business rates relief may be available, subject to eligibility.

We recommend all parties make their own direct enquiries with the local rating authority to confirm their liabilities.

ENERGY PERFORMANCE CERTIFICATE [EPC]
We have been advised that the premises fall within class D (95) of the energy performance assessment scale. A full copy of the EPC assessment and recommendation report is available upon request.

VAT
We are advised that VAT will not be applicable on the rent, however VAT is applicable on the service charge.

LEGAL COSTS
Each party will bear their own legal costs.

VIEWINGS STRICTLY BY APPOINTMENT
VIA SOLE LETTING AGENTS:

Fenn Wright
T: 01206 854545
E: colchestercommercial@fennwright.co.uk

Features

  • Business premises with large loading door
  • Gated side yard and rear storage area
  • Large mezzanine storage area
  • Concrete forecourt for loading / parking
  • Popular and established business location

Floor plan

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Map

Call

Edward Nolan

01206 854545
Make an enquiry

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