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To Let: £22,000 pa

Let

4a Edward Park, Grange Way, Colchester, Essex, CO2

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Property Image
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  • Area

    area
    1491Sq Ft

The premises are of steel portal frame construction with part brick, part profile clad elevations, with UPVC double glazed windows, under a pitched and insulated roof incorporating translucent roof lights. Approx. 4.8m eaves and 6.2m pitch height.

A personnel door provides access to an entrance hall which leads to an office area with storage cupboard and kitchenette facility. Access from the hall is provided to the warehouse and to the open plan first floor office. The offices are carpeted with fluorescent lighting, gas central heating (not tested) and electrical sockets. Accessible W/C facilities are provided.

The warehouse benefits from a loading door, three phase power, fire alarm and emergency lighting, and high bay lighting. The loading door is approx. 3m wide by 4m high.

To the front of the premises is a concrete yard area, providing onsite parking and loading / unloading space.

Accommodation
(Approximate gross internal measurements)
Ground Floor Approx. 1,169 sq ft (108.6 sq m)
First Floor Approx. 322 sq ft (29.9 sq m)
Total Approx. 1,491 sq ft (138.5 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 £22,000 per annum. We are advised that VAT is applicable.

Service Charge
A service charge is applicable to cover; maintenance of the estate communal areas and landscaping. The approx. cost for the current year £621.82.

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 £397.92.

Business Rates
We have been informed that the rateable value is £8,700. For rateable values below £12,000 100% rate relief may be available, subject to eligibility.

From 1st April 2023, the rateable value will be £13,250. For rateable values between £12,000 and £15,000, phased rate relief may be available subject to eligibility.

We recommend all parties make their own direct enquiries with the local rating authority to confirm their liabilities.

Energy Performance Certificate (EPC)
A full copy of the EPC assessment and recommendation report will soon be 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.

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
fennwright.co.uk
colchestercommercial@fennwright.co.uk

Features

  • Light Industrial / Business / Trade Counter Unit
  • Large Loading Door
  • Offices, Kitchenette & W/C Facilities
  • Concrete Forecourt For Loading / Unloading
  • On Site Car Parking Spaces
  • Popular & Established Location

Floor plan

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Floorplan Image

Map

Call

Edward Nolan

01206 854545
Make an enquiry

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