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To Let: £122,250 pa

Let

1B Tungsten Park, Eastways, Witham, Essex, CM8

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  • Area

    area
    11118Sq Ft

The premises are newly constructed and of steel portal frame construction with full height profile sheet cladding and composite panelling to the elevations and roof, which features translucent panels. There is an impressive double glazed and tiled reception area, with accessible WC on the ground floor, leading to an open plan first floor carpeted office with kitchenette and two separate WC's. The office has a raised access floor with floor boxes and a suspended ceiling incorporating recessed LED lighting and air conditioning.

The warehouse features an eaves height of approx. 8m and a pitch height of 10m. An electrically operated loading door (approx. 5m x 5m) provides access. There is LED high bay lighting, three phase power and a gas heater. We are advised that the maximum floor loading capacity is 37.5 kN/m. The premises also benefit from a fire alarm, intruder alarm and CCTV system.

The unit is accessed via a gated entrance from Eastways and benefits from nine marked parking spaces and a loading bay. There is covered cycling parking and a communal bin store.

Accommodation
Approximate Gross Internal Area:

Warehouse & Reception 10,039 sq. ft (1,932.7 sq. m)
First Floor Office & W/C's 1,079 sq. ft (100.2 sq. m)
Total 11,118 sq. ft (2,032.9 sq. m)

Terms
The premises are available to let on a new full repairing and insuring sub-lease, with lease length and terms to be agreed, at a rent of £122,250 per annum, plus VAT.

Service Charge
We are advised that there is a service charge applicable to cover the repair and maintenance of the communal external areas. The approx. cost for the current year is £4,416.

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 £3,352.

Business Rates
We are advised that the premises have a rateable value of £76,000. Therefore estimated rates payable of approx. £39,000 for the current year. Interested parties are advised to make their own enquiries with the local rating authority.

Energy Performance Certificate (EPC)
We have been advised that the premises fall within class A (22) of the energy performance assessment scale.

Planning
Planning consent was granted for the development in December 2018 providing for B1c (light industrial), B2 (general industrial) and B8 (storage & distribution) use. Further information is available here.

Witham Industrial Watch
Witham Industrial Watch was set up by a network of local businesses to provide amongst other things, effective estate management and enhanced security throughout the towns industrial areas. By obtaining Business Improvement District funding WIW has employed an estate manager, installed Automatic Number Place Recognition and improved signage throughout the industrial areas. Further information can be found at www.withamindustrialwatch.co.uk.

Anti-Money Laundering Regulations
Anti-Money Laundering Regulations require Fenn Wright to formally verify a prospective tenants identify prior to instructing solicitors.

Viewings Strictly By Appointment Via Joint Sole Agents:

Fenn Wright
01206 85 45 45
Colchestercommercial@fennwright.co.uk

Features

  • Newly Constructed Warehouse / Business Premises
  • First Floor Air Conditioned Office
  • Forecourt Area For Loading/Unloading
  • Large Electric Loading Door
  • CCTV & Intruder Alarm Installed
  • Established Industrial Estate Location

Map

Call

Michael Moody

01206 854545
Make an enquiry

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