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Light Industrial to rent

Commerce Way,Colchester,CO2 2HX

Let Agreed £25,000 pa (£2,083 pcm)
5,465 sq. ft.

Property Description

Commercial information

  • 5,465 sq ft (507 sq m)
  • Use class orders: B8 Storage and Distribution

Key features

  • Two Loading Doors
  • Approx. 0.8 Acre Site
  • 4m Eaves Height
  • 5.9m Pitch Height
  • Carpeted Offices
  • Ample Car Parking
  • Established Industrial Location

Full description

LOCATION
The unit is situated at the end of Commerce Way on the popular Whitehall Industrial Estate. Easy access is available to the inner ring road system which links directly to the A12 / A120 providing fast links to the east coast ports of Harwich, Felixstowe and Stansted airport. Colchester town centre, with all the usual facilities and amenities and main railway station (London, Liverpool Street approx. 55 mins) is just three miles distant

DESCRIPTION
The unit is of brick block construction with a lattice truss frame and a pitched roof incorporating transparent roof lights. The warehouse features two roller shutter loading doors (both approx. 4.2m wide x 4.4m high), an inspection pit and three phase power supply. The offices are of a cellular nature and are distributed over ground and first floor levels with, W/C facilities and a kitchenette, single glazed windows, carpeting, suspended ceilings, lighting, electric wall mounted heaters and A/C units in part (not tested).

Externally the site is fenced and gated with a large block pavioured area to the front of the building providing ample car parking with a further substantial yard area to the rear. The entire site is approx. 0.8 acres.

ACCOMMODATION
(approximate gross internal measurements)

Warehouse Approx. 1,770 sq ft 164.5 m
Offices/Stores Approx. 1,875 sq ft 174.1 m
First Flr Offices Approx. 1,820 sq ft 169.1 m

Total Approx. 5,465 sq ft 507.7 m

TERMS
The premises is available to let on a new lease, length and terms to be agreed (maximum term of five years), at a rent of 25,000 per annum. The figures quoted are exclusive of rates and VAT.

BUSINESS RATES
We have been advised that the current rateable value for these premises is 23,500. The rates payable are likely to be in the region of 11,586 per annum.

Interested parties are advised to make their own enquiries with the local rating authority to confirm their liabilities in this direction.

ENERGY PERFORMANCE CERTIFICATE (EPC)
We have been advised that the premises falls within class F (148) 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.

VIEWING
Strictly by appointment via sole agents:

Newman Commercial
Tel: 01206 85 45 45


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