4 Commerce Park, Whitehall Industrial Estate, Colchester, Essex, CO2

The premises are of steel portal frame construction with part brick, part profile steel clad elevations under a pitched roof (min. eaves approx. 4.5m, apex approx. 5.7m) which incorporates translucent roof lights. The unit benefits from a large loading door (approx. height 3.8m, width 3.0m) providing access to the warehouse area.

A personnel door leads to an entrance lobby with kitchenette and W/C facilities, leading to three very well presented office / storage areas. Two separate staircases lead to the first floor which provides four cellular offices / meeting rooms, and one larger open plan office. Both ground & first floor offices provide a mixture of carpeted and vinyl flooring, and benefit from LED lighting and heating & cooling cassettes (not tested).

Externally, there are approx. 12 on site car parking spaces, plus loading / unloading space.

Accommodation
(Approximate gross internal measurements)
Warehouse 1,068 sq ft (99.2 sq m)
GF Offices / Facilities 1,254 sq ft (116.5 sq m)
FF Offices / Facilities 1,254 sq ft (116.5 sq m)
Total (approx.) 3,576 sq ft (332.2 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 £45,000 per annum.

We are advised that VAT is applicable.

New letting incentives are available, subject to terms and covenant. Please contact us to discuss your requirement in more detail.

Service Charge
A service charge is applicable to cover; maintenance of the estate communal areas, landscaping & lighting. The approx. cost for the current year is £113 per month (plus VAT).

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 £667 (plus VAT).

Business Rates
We have been informed that the rateable value is £26,750. We therefore estimates that rates payable are likely to be in the region of £13,350 per annum.

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

Energy Performance Certificate (EPC)
We have been advised that the premises fall within class C (64) of the energy performance assessment scale.

A full copy of the EPC assessment and recommendation report are 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