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To Let: £24,000 pa

Let

3 King Edward Quay, Colchester, Essex, CO2

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  • Area

    area
    1747Sq Ft

The premises are of steel frame construction with brick elevations under a new pitched and insulated roof incorporating translucent roof lights.

Both a personnel door and large loading door provide access to the open plan unit which, as part of a recent refurbishment, benefits from LED lighting, three phase power, reception / office area, and approx. 3.4m eaves and 5.3m pitch height.
W/C facilities are also provided towards the rear.

The shared site is fenced, gated and surfaced providing loading / unloading space, plus 3 allocated car parking spaces.

Accommodation
(Approximate gross internal measurements)
Total Approx. 1,747 sq ft (162.3 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 £24,000 per annum.

We are advised that VAT is applicable at the prevailing rate.

Service Charge
A service charge is applicable to cover maintenance of the estate communal areas and landscaping.

The approx. cost for the current year is £1,200.69.

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 £293.16.

Business Rates
We have been informed that the rateable value is £11,250. For rateable values below £12,000, 100% rate relief may be available, subject to eligibility.

We recommend all parties 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 (111) 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.

We are advised that VAT is applicable on the rent at the prevailing rate.

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.

Viewing
Strictly by appointment via sole agents:

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

Features

  • Light Industrial / Business Unit On A Gated Site
  • Very Well Presented
  • Ready For Swift Occupation
  • Warehouse Area With Loading Doors
  • Predominantly Open Plan Layout
  • Office / Reception Area & W/C Facilities
  • On Site Car Parking Spaces & Loading/Unloading Space

Floor plan

Floorplan Image

Floorplan Image

Map

Call

Edward Nolan

01206 854545
Make an enquiry

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