1, 25 & 19-23 Phoenix Court, Hawkins Road, Colchester, Essex, CO2

*Rents from £10 per sq ft per annum* Phoenix Court was constructed in the early 1990's comprising three blocks of office / industrial units with on site car parking.

The subject units are located in the central block and have good prominence to Hawkins Road.

The units are of steel frame construction with aluminium windows and doors, with steel and brick elevations under a pitched profiled steel roof. Internally, the offices have been fitted out to a modern standard to include air conditioning in part, and modern toilet and kitchen facilities.

Accommodation
The property provides a gross internal area of approx. 13,885 sq. ft (1,290 sq. m) or a net internal area of approx.:

Unit 1 Approx. 3,895 sq. ft (361.9 sq. m)
Unit 25 Approx. 2,199 sq. ft (204.3 sq. m)
Unit 21 / 23 Approx. 4,098 sq. ft (380.7 sq. m)
Unit 19 Approx. 1,904 sq. ft (176.9 sq. m)

Total Approx. 12,096 sq. ft (1,124 sq. m)


Terms
The units are available To Let on new full repairing leases with lease terms and rents to be agreed.

The units may be leased individually or combined to suit an occupiers requirements with rents from just *£10 per sq ft per annum.

*Rent is dependant upon handover specification and lease terms.

VAT
Units 1 & 25 are elected for VAT, Units 19-23 are not elected for VAT.

Service Charge & Buildings Insurance
A service charge is applicable to contribute towards the maintenance and repair of the external communal areas. Cost for the current year approx. £tbc per sq ft.

The landlord will arrange the buildings insurance and the cost will be recovered from the tenant.

Business Rates
We are advised that, as of 1st April 2023, Unit 1 has a rateable value of £27,000, and Units 19 / 25 have a rateable value of £75,500. We estimate that the rates payable are likely to be in the region of £52,480 per annum.

Interested parties are advised to consult with the local rating authority to confirm their liabilities in this regard.

Energy Performance Certificate (EPC)
The property has four separate assessments, with ratings of B (29), B (36), B (45), and C (60). Full copies of the EPC assessments and recommendation reports are available from our office upon request.

Anti-Money Laundering Regulations
Anti-Money Laundering Regulations require Fenn Wright to formally verify prospective tenants identity, residence, and source of funds prior to instructing solicitors.

Legal Costs
Each party shall bear their own legal costs involved with this transaction.

Viewings Strictly By Appointment Via Sole Letting Agents:

Fenn Wright