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Feering Triangle, London Road / A12, Colchester, CO5 9EJ

£8,333 pcm
£100,000 pa

£0.93 per sq ft

Business rates & charges may apply

Nicholas Percival Commercial, Colchester
SIZE AVAILABLE

107,158 sq ft

9,955 sq m

SECTOR

Land to lease

USE CLASSUse class orders: B1 Business, B2 General Industrial and B8 Storage and Distribution

B1, B2, B8

Lease details

Lease available date:
Ask agent

Key features

  • Strategically located adjacent to the A12
  • Excellent road links via A12 and A120
  • Suitable for open storage / parking / plant
  • Flexible lease terms available

Description

LOCATION

The site is located along the B1024/London Road, slip road to the north-east of Feering/Kelvedon, and adjacent to the A12 northbound.

The site is situated just off the A12 and is within 5 miles distance to the intersection between the A120/A12 located within the county of Essex approximately 30 miles from the M25, 10 miles west of Colchester and 25 miles south-west of Ipswich. The site benefits from excellent transport links, situated just off the A12 which provides excellent access to the M25 and M11 motorway networks as well as London and Stansted Airport. Access to the A12 southbound is via the Feering/Kelvedon.

Marks Tey is well connected to the national rail network and lies on the Great Eastern Main Line. Marks Tey station is only 5 minutes away and benefits from regular services (every half an hour) into Central London (Liverpool Street) with a journey time of 56 minutes.

Stansted International Airport, located approximately 30 miles to the west of Marks Tey, offers domestic and international flights and also benefits from the Stansted Express train service, offering a quick and direct journey into Central London.

The Ports of Harwich and Felixstowe are easily accessible by road being only 20 miles via the A120 and 30 miles via the A12 and A14 respectively.

DESCRIPTION

The subject site is known locally as Feering Triangle. The site is a section of land bounded to the north by London Road (B1024) and to the east by the A12 Trunk Road.
The site has been used for a number of years as commercial land for a mixture of B1/B2/B8 hybrid functions in association with A12 repair and improvement works.

The site extends to a total area of circa. 2.46-acre, benefiting from two established vehicular entrance/exit points directly from London Road/B1024. One is currently unused and secured by a bound. The site is part surfaced/hard standing with areas of soil. We calculate that the area with hard surfaced extends to approximately 1.6 acres with the remaining level soil surfaced with a mixture of shrubs and weed/self-seeded trees to its boundaries.

The current occupier (Costain Limited) has utilised the site since 2019 for parking of cars/commercial vehicles, plant, generators, temporary office buildings/portacabins, portable toilet facilities, storage containers and solar panels providing electricity. Prior to that Interserve Construction Limited were onsite from 2016 utilising the site for similar purposes.

SERVICES

Water and internet are available to the site.

TOWN PLANNING

There is no specific planning permissions in place.

RENT

£100,000 per annum exclusive of VAT, rates and all other outgoings.

TIMESCALE

The site is available from June 2024

BUSINESS RATES

The property is not currently rated for business rates.

LEGAL FEES

Each party to be responsible for their own legal costs incurred in this transaction.

TERMS

The property is available to let by way of a new flexible lease (of the whole), with terms to be agreed at a passing rent of £100,000 per annum.

NB: The site is available as a whole, applications for part of the site only, will not be considered

C5843

Brochures

Feering Triangle, London Road / A12, Colchester, CO5 9EJ

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Kelvedon Station0.9 miles
  • Marks Tey Station3.6 miles
  • Witham Station4.6 miles

About Nicholas Percival Commercial, Colchester

Beacon End Farmhouse London Road, Stanway, Colchester, CO3 0NQ

Nicholas Percival are well-established Estate Agents and Chartered Surveyors with over 25 years of experience selling the finest village, town and country houses in North Essex and South Suffolk

The Commercial Property Division specialises in all aspects of Sales, Lettings and Professional Advice to both Landlords & Tenants Nicholas Percival Chartered Surveyors has an established reputation for professional excellence and integrity and is regarded as one of the leading independent practices in North Essex

Commercial rent reviews and lease renewals are an opportunity for both owners and occupiers to recast their agreement in a more commercial form; they are not just a re-negotiation of the level of rent. Whether you are the landlord or tenant, when it is time for a rent review or lease renewal it is important to avail yourself with the best representation and accurate advice from a specialist commercial chartered surveyor such as those at Nicholas Percival

Nicholas Percival's Commercial Property Management division have been helping companies and individuals manage their commercial property in Essex for over 29 years.

Our specialist team are based in Colchester and have a depth of local knowledge and expertise that enables them to ensure that client's properties are successfully managed, and as a matter of course provide advice on long term strategic changes, in order to create added value and asset enhancement.

Nicholas Percival assumes full responsibility for the day to day management of your property portfolio. We will be in touch with you throughout the year and will meet you at least once a year to provide a full review of the property portfolio performance. However, our goal is to provide exactly the service you need and we are happy to tailor this approach to suit you. We understand that every company and individual have different needs and will work with you to find the right level of communication and involvement that suits you. In addition, you can rely on our team to help and advise you as and when it is required.

Our Management service covers all aspects of property management:

• Rent collection

• Accounting to the client on a monthly or quarterly basis

• Service charge collection

• Budgeting and collection service charge accounts

• Arranging buildings insurance

• Organising contracts with maintenance suppliers such as cleaners, gardeners etc.

• Health and Safety issues

• Landlord and tenant Statutory obligations

• Site visits and inspections

• Negotiating Rent Reviews & Lease Renewals

Nicholas Percival act as the principal liaison between the Landlord and Tenant at all times. All of our Management services are dealt with in accordance with the terms of the leases and any current relevant legislation and codes of practice.

In addition to our core landlord and tenant, building surveying and valuation services, we provide a variety of additional services, including:

• Independent purchase reports

• Strategy advice and reports

• Redevelopment/conversion appraisals

Notes

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Disclaimer - Property reference C5842. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Nicholas Percival Commercial, Colchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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