Request a Valuation
To Let: £275,000 pa
320 The Crescent, Colchester Business Park, Colchester, Essex, CO4
-
Area
31868Sq Ft
A very high quality and well presented warehouse / business premises available for occupation.
The unit is of steel portal frame construction with an eaves height of approx. 6m and 7m to the apex with part brick/block and part insulated steel clad elevations under a pitched and insulated roof incorporating translucent roof lights. Two full height access doors (approx. 4m wide by 5m high) lead into the warehouse area which has high bay LED lighting and an epoxy painted concrete floor.
There are two offices on the ground floor, with male, female and accessible W/C facilities. A mezzanine floor is above providing additional storage space with potential to convert to offices.
Externally, there is a large concrete forecourt, generous on site car parking, with two electric car charging points.
Accommodation
(Approximate gross internal measurements)
Warehouse Approx. 28,732 sq ft (2,669.3 sq m)
Offices/Facilities Approx. 1,299 sq ft (120.7 sq m)
Mezzanine Approx. 1,837 sq ft (170.7 sq m)
Total Approx. 31,868 sq ft (2,960.7 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 £275,000 per annum (exclusive of business rates and VAT).
Service Charge
A service charge is applicable which covers; maintenance of the estate communal areas, landscaping, lighting and car parking areas. For the current year this is approximately £49,000.
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 £1,785.00.
Business Rates
We have been informed that the rateable value, with effect from the 1st April 2023, is £210,000. We estimate that the rates payable are therefore likely to be in the region of £107,500 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 B (50) of the energy performance assessment scale.
A full copy of the EPC assessment and recommendation report is available from our office upon request.
Planning
Planning consent for class B8 warehouse/distribution was granted in February 1996 (CO1/96/0177).
Interested parties are advised to make their own enquiries with the local planning authority to confirm any changes of use.
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
- Two Electric Loading Doors
- Min 6m Eaves Height, 7m Apex
- High Bay LED Lighting
- Two Electric Car Charging Points
- Close to the A12 / A120 Interchange
Floor plan
Map
Make an enquiry
This form is provided for your convenience. If you would prefer to talk with someone about your property search, we’d be pleased to hear from you. Contact us.
320 The Crescent, Colchester Business Park, Colchester, Essex, CO4
A very high quality and well presented warehouse / business premises available for occupation.
The unit is of steel portal frame construction with an eaves height of approx. 6m and 7m to the apex with part brick/block and part insulated steel clad elevations under a pitched and insulated roof incorporating translucent roof lights. Two full height access doors (approx. 4m wide by 5m high) lead into the warehouse area which has high bay LED lighting and an epoxy painted concrete floor.
There are two offices on the ground floor, with male, female and accessible W/C facilities. A mezzanine floor is above providing additional storage space with potential to convert to offices.
Externally, there is a large concrete forecourt, generous on site car parking, with two electric car charging points.
Accommodation
(Approximate gross internal measurements)
Warehouse Approx. 28,732 sq ft (2,669.3 sq m)
Offices/Facilities Approx. 1,299 sq ft (120.7 sq m)
Mezzanine Approx. 1,837 sq ft (170.7 sq m)
Total Approx. 31,868 sq ft (2,960.7 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 £275,000 per annum (exclusive of business rates and VAT).
Service Charge
A service charge is applicable which covers; maintenance of the estate communal areas, landscaping, lighting and car parking areas. For the current year this is approximately £49,000.
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 £1,785.00.
Business Rates
We have been informed that the rateable value, with effect from the 1st April 2023, is £210,000. We estimate that the rates payable are therefore likely to be in the region of £107,500 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 B (50) of the energy performance assessment scale.
A full copy of the EPC assessment and recommendation report is available from our office upon request.
Planning
Planning consent for class B8 warehouse/distribution was granted in February 1996 (CO1/96/0177).
Interested parties are advised to make their own enquiries with the local planning authority to confirm any changes of use.
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.