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To Let: £62,654 pa

4 Brunel Way, Severalls Industrial Park, Colchester, Essex, CO4

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  • Area

    area
    10639Sq Ft

An end terrace premises of steel portal frame construction under a pitched and insulated roof which incorporates translucent roof lights, Eaves height of approx. 5.7m and pitch approx. 7.8m.

There is a ground floor trade counter area, with a kitchenette and W/C facilities. To the first floor there are two carpeted office areas. There is a large loading door to the warehouse, which has fluorescent lighting, a large mezzanine floor (height underneath approx. 3.1m), and three phase power.

Externally there is a forecourt providing loading/unloading space, and ample on site car parking (front and rear of the premises).

Accommodation
(Approximate gross internal measurements)
Warehouse Approx. 4,980 sq ft (462.5 sq m)
Office/Trade Approx. 735 sq ft (68.3 sq m)
First Floor Approx. 735 sq ft (68.3 sq m)
Mezzanine Approx. 4,189 sq ft (389.2 sq m)
Total Approx. 10,639 sq ft (988.3 sq m)

Terms
The premises are available by way of an assignment of the existing full repairing lease which is to expire 16 November 2026. The current passing rent is £62,654 per annum payable quarterly in advance.

Consideration will be given to a sub letting of the whole.

We are advised that VAT is applicable.

Service Charge
A service charge is applicable to cover; maintenance of the estate communal areas, landscaping, lighting and car parking areas.

The approx. cost for the current year £5,470.60.

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 £1,200.00.

Business Rates
We have been informed that the rateable value is £36,750. We estimate that the rates payable are therefore likely to be in the region of £18,375 per annum. View the assessment here.

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 D (94) 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.

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

Features

  • Prominent Warehouse / Trade Counter Premises
  • Available Due To Relocation Of The Business
  • Well Presented Business Premises
  • First Floor Offices & Mezzanine Area
  • Popular & Established Business Park Location
  • Ample On Site Car Parking
  • Close To A12 / A120 Interchange

Floor plan

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Map

Call

Michael Moody

01206 854545
Make an enquiry

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