2 Edward Park, Grange Way, Whitehall Industrial Estate, Colchester, Essex, CO2

The premises are of steel portal frame construction with part brick, part profile steel clad elevations, with UPVC double glazed windows, under a pitched and insulated roof incorporating translucent roof lights. Approx. 4.8m eaves and 6.2m apex height.

A personnel door provides access to an entrance hall which leads to an office / trade counter area, a door to the warehouse, accessible W/C facilities and stairs to the first floor offices. The offices feature fluorescent lighting, gas central heating (not tested) and electrical sockets. The warehouse benefits from a loading door (approx. 3m wide by 4m high), three phase power, fire alarm, emergency lighting, and high bay lighting.

To the front of the premises is a forecourt area providing eight car parking spaces and loading / unloading facilities.

Accommodation
(Approximate gross internal measurements)
Ground Floor 2,391 sq ft (222.1 sq m)
First Floor Offices 689 sq ft (64.0 sq m)
Total 3,080 sq ft (286.1 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 £41,500 per annum. We are advised that VAT is applicable.

*Six months half rent is available subject to lease terms and covenant.

Service Charge
A service charge is applicable to cover; maintenance of the estate communal areas, landscaping, lighting and car parking areas. The approx. cost for the current year is £1,405 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 £597 plus VAT.

Business Rates
We have been informed that, effective 1st April 2023, the rateable value is £24,500. We therefore estimate rates payable are likely to be in the region of £12,225 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 C (60) 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
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