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For Sale: £250,000
To Let: £19,500 pa

Under Offer

8 Chandlers Row, Port Lane, Colchester, Essex, CO1

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  • Area

    area
    2701Sq Ft

A unit of steel framed construction with brick elevations under a pitched and insulated roof, incorporating translucent roof lights. A roller loading door (approx. 3.5m wide x 3.5m high) and a personnel door provide access in to the building. The unit also benefits from three phase power, water supply, and kitchenette and accessible W/C facilities.

Externally, there are three car parking spaces provided in the adjacent car parking area.

Accommodation
(Approximate gross internal measurements)
Warehouse Approx. 1,971 sq ft (183.1 sq m)
Mezzanine Approx. 730 sq ft (67.8 sq m)
Total Approx. 2,701 sq ft (250.9 sq m)

Terms
The premises are available to let on a new full repairing and insuring lease, terms to be agreed, at a rent of £19,500 per annum.

Alternatively the premises are available For Sale on a 999 year ground lease which commenced in 1988, at a peppercorn rent. Offers are requested in excess of £250,000.

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 £1,200.

Buildings Insurance
The buildings insurance is to be arranged by the landlord with the cost to be recovered from the tenant via the service charge.

Business Rates
We have been informed that the rateable value is £8,300.

For rateable values below £12,000 100% rate relief may be available, subject to eligibility. We recommend all parties make their own direct enquiries with the local rating authority.

Planning
Interested parties are advised to make their own enquiries direct with Colchester Borough Council.

We understand that there are lease restrictions preventing the premises from being used for vehicle repair, body work workshop, MOT test centre or a spray shop.

Energy Performance Certificate (EPC)
We have been advised that the premises fall within class E (113) 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.

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

  • Industrial / Warehouse Unit With Mezzanine Floor
  • Located on Established Industrial Estate
  • Roller Shutter Door
  • Concrete Forecourt For Loading / Unloading
  • Three On Site Car Parking Spaces
  • Good Access To A12 / A120 Inner Ring Roads

Floor plan

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Map

Call

Michael Moody

01206 854545
Make an enquiry

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