3 Phoenix Court, Hawkins Road, Colchester, Essex, CO2

The unit is of steel portal frame construction with part brick, part profile steel clad elevations under a pitched and insulated roof which incorporates translucent roof lights. There are double glazed windows on the ground and first floor with a loading door to the side elevation providing access to the main industrial / stores area.

The ground floor benefits from an air conditioned office / meeting room, and kitchenette / staff room facilities, with suspended ceiling and LED lighting, along with ample WC facilities.

The industrial area has LED lighting, three phase power, WC facility, and an up and over loading door.

On the first floor there is a large, air conditioned, open plan office area which is carpeted and benefits from a suspended ceiling with LED lighting and ample natural lighting.

Externally there is a loading/ unloading bay in front of the loading door and ten car parking bays.

Accommodation
(Approximate gross internal measurements)
Ground Floor Approx. 2,379 sq ft 221.0 sq m
First Floor Approx. 2,352 sq ft 218.5 sq m
Total Approx. 4,731 sq ft 439.5 sq m

Terms
The premises are to be sold freehold at £640,000 plus VAT.

We are advised that VAT is applicable.

Service Charge
A service charge is applicable to cover; maintenance of the estate communal areas, landscaping and lighting.

The approx. cost for the current year £677.45.

Business Rates
We have been informed that the rateable value, with effect from the 1st April 2023, is £33,000.

We therefore estimate that the rates payable are likely to be in the region of £16,900 per annum.

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

Energy Performance Certificate (EPC)
We have been advised that the premises fall within class D (96) 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.

Anti-Money Laundering Regulations
Anti-Money Laundering Regulations require Fenn Wright to formally verify prospective purchaser's identify, residence and source of funds prior to instructing solicitors.

Viewing
Strictly by appointment via sole agents:

Fenn Wright