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For Sale: £265,000

7 Colchester Road, Weeley, Essex, CO16

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Property Image
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  • Area

    area
    2719Sq Ft

The property comprises a single storey garage and workshop building, having been used principally as a tyre and exhaust depot for in excess of 40 years.

The accommodation includes a good sized reception and office with extensive workshops and store to the side and rear.

To the front of the building there is a surfaced forecourt, to the rear is a concrete surfaced base for a consented extension.

Accommodation
(Approximate gross internal measurements)
Reception, Offices & Welfare 490 sq ft (45.6 sq m)
Workshops / Stores 2,229 sq ft (207.1 sq m)
Total 2,719 sq ft (252.7 sq m)
Rear Yard / Base of Extension 630 sq ft (58.5 sq m)

Services
Mains water, drainage and electricity (to include 3 phase) are connected to the property. Prospective purchasers must satisfy themselves that the utility provision is adequate for their needs.

Planning
The property has been used as a tyre and exhaust centre for over 40 years, this use is long standing and established.

Planning consent (ref: 14/01649/FUL) was granted for a rear single storey extension in December 2014. The works were commenced in the form of footings and a concrete floor slab, but not completed.

For further information on the potential for change of use or redevelopment , interested parties are recommended to contact Tendring District Council Planning Department.

Business Rates
The property is currently assessed as a 'vehicle repair workshop', with a rateable value of £10,000. Qualifying businesses will be able to apply for full small business rate relief.

Energy Performance Certificate (EPC)
We have been advised that the premises fall within class E (122) of the energy performance assessment scale. A full copy of the EPC assessment and recommendation report is available from our office upon request.

Terms
The premises are to be sold freehold by informal tender. Offers are invited in excess of £265,000.

We are advised that VAT will not be applicable.

Offer Process
Offers are invited for the property by informal tender. Best written offers are invited by noon on Friday 15th April 2022.

Offers should be submitted to our Business Park Office at 882 The Crescent, Colchester Business Park, Colchester, and clearly identify the prospective purchaser, method of funding and be expressed as a fixed sum.

Offers should be submitted in a sealed envelope marked; "7 Colchester Road, Weeley". If the purchase is subject to any conditions, provisos or requirements for alternative planning consent or further surveys of the site, the offer should clearly indicate the extent of these conditions, and identify how the purchase will be funded.

The property will remain available on the open market until contracts are exchanged for its sale.
Acceptance of an offer to purchase will be subject to contract.

Anti-Money Laundering Regulations
Anti-Money Laundering Regulations require Fenn Wright to formally verify prospective purchaser's identify, residence and source of funds prior to instructing solicitors.

Legal Costs
Each party will bear their own legal costs.

Viewing
There will be four opportunities to view the property on various dates from 24th March 2022. Interested parties must register their interest and book a viewing appointment via sole agents:

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

Features

  • Freehold Business Premises For Sale via Informal Tender
  • High Profile Location
  • Front Forecourt & Rear Yard
  • Longstanding Motor Trade Use
  • Planning For Rear Extension

Floor plan

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Floorplan Image

Map

Call

Lewis Chambers

01206 854545
Make an enquiry

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