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To Let: £110,000 pa

Under Offer

2 Moorside, Eastgates, Colchester, Essex, CO1

Property Image
Property Image
Property Image
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  • Area

    area
    10549Sq Ft

Location
The unit is situated within Moorside, a mixed commercial and leisure area benefitting from good links to the town centre and inner ring road system which leads to the A12/A120. Close by is the main line railway station (London Liverpool Street approx. 55 mins).

Description
The unit is detached and benefits from a personnel door providing access to a reception/office area and W/C facilities.

The warehouse area is accessed via three loading doors, with an eaves height of approx. 3.9m and pitch height of 6.4m - with part restricted to 3m.

Externally there is a large gated, concreted yard to the rear with ample space for car parking and loading/unloading access. To the front of the unit there is additional generous yard space for car parking / visitor parking.

Accommodation
(Approximate gross internal measurements)
Total 10,549 sq ft (980 sq m)

Note: the premises are soon to undergo a refurbishment which will lead to the premises being split in to two separate units of approx. 4,000 sq ft and 6,000 sq ft. Works are due to commence March 2022 and be completed Spring 2022.

In the interim the premises are available to let as a single refurbished unit subject to contract.

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 £110,000 per annum.

We are advised that VAT is applicable.

Service Charge
We are advised that there is no service charge applicable.

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

Business Rates
We have been informed that the rateable value is £60,000. View the assessment here.

We therefore estimate that the rates payable are likely to be in the region of £30,000 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 F (149) of the energy performance assessment scale.

A full copy of the EPC assessment and recommendation report is available from our office upon request, or view the EPC here.

Note: the premises are to be reassessed upon completion of the refurbishment works.

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 joint sole agents:

Fenn Wright

Features

  • An Industrial / Warehouse Unit With A Gated Yard Area
  • Undergoing Refurbishment-Available Spring 2022
  • Offices, Kitchenette & W/C Facilities
  • Large Warehouse Area With Three Loading Doors
  • On Site Car Parking Spaces With Generous Yard
  • Easy A12/A120 Access Via Ipswich Road

Floor plan

Floorplan Image

Floorplan Image

Map

Call

Michael Moody

01206 854545
Make an enquiry

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