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To Let: £12,000 pa

Let

Unit 2 Prince Of Wales Industrial Estate, London Road, Marks Tey, Colchester, Essex, CO6

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  • Area

    area
    1423Sq Ft

The unit comprises a mid-terrace purpose built light industrial unit of brick and blockwork construction.

A large loading door, approx. 2.4m wide by 3m high) provides access with a WC on the ground floor, first floor office, and almost full cover mezzanine floor. The ground floor ceiling height is approx. 2.7m. There is a three phase power supply.

Externally there is space for loading / unloading, and two on site car parking spaces.

Note: The electricity is supplied by the landlord at a fixed cost of 30p per kwh until 1st April 2025.

Accommodation
(Approximate gross internal measurements)
Warehouse Approx. 771 sq ft (71.6 sq m)
Mezzanine Approx. 652 sq ft (60.6 sq m)
Total Approx. 1,423 sq ft (132.2 sq m)

Terms
The premises are available to let on a new full repairing and insuring sub-lease, lease length and terms to be agreed, at a rent of £12,000 per annum plus VAT.

Service Charge
There is to be a service charge provision within the lease to allow for the recovery of costs for any ad-hoc charges to maintain / repair the common areas.

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 £400.00.

Business Rates
We have been informed that the premises currently are jointly assessed with the neighbouring property (Unit 1), with a combined rateable value of £17,250.

For rateable values below £12,000 100% rate relief may be available, subject to eligibility. Based on the size of the unit, when assessed alone, Unit 2 may qualify for small business rates relief.

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

Energy Performance Certificate (EPC)
We have been advised that the premises fall within class E (102) 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
colchestercommercial@fennwright.co.uk

Features

  • Mid-Terrace Light Industrial / Business Premises
  • Loading / Unloading Area
  • Mezzanine Floor
  • Office & W/C Facilities
  • Two On Site Car Parking Spaces
  • Excellent Access To The A12 / A120

Map

Call

Edward Nolan

01206 854545
Make an enquiry

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