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LET AGREED

Unit 2, Causeway End, Manningtree, CO11 2LH

£4,167 pcm
£50,000 pa

£3.10 per sq ft

Business rates & charges may apply

Nicholas Percival Commercial, Colchester
SIZE AVAILABLE

16,117 sq ft

1,497 sq m

SECTOR

Light industrial facility to lease

Lease details

Lease available date:
Ask agent

Description

LOCATION
This popular industrial development is situated approximately ½ mile to the west of Manningtree, in an established industrial area with direct access and visibility onto the B1352 (Station Road) which links to the A137 leading to Colchester and Ipswich which are both some 9 miles distance.

Manningtree Railway Station is close by, with frequent train services to Ipswich and London (Liverpool Street).

Unit 2, Causeway End is adjacent to Screwfix and close to LiveFit Gym.

DESCRIPTION
Unit 2 is of a steel portal frame construction with brick and block walls and the underside of eaves measuring approximately 3.7 metres. Two full height roller shutter door (approximately 3.65 metres width by 3.65 metres height) and individual personal doors provide access to a lobby area and WC facilities, which leads to the warehouse area.

Externally to the side there is a concrete rear yard area for storage and parking together with a front forecourt suitable for staff / customer parking.

Gross Internal Area - Approx. 4,890 sq. ft.

TERMS
The Unit is available from December 2024 on a new Full Repairing and Insuring Lease at a passing rent of £50,000 per annum exclusive plus VAT.

OUTGOINGS
BUSINESS RATES

We have been advised that the rateable value, with effect from 1st April 2023 is £21,250.

We recommend that all parties make their own direct enquiries with the Local Rating Authority, Tendring District Council.

VAT
We have been advised that VAT is applicable on the Rent and the Service Charge.

LEGAL COSTS
Each party will bear their own legal costs in connection with this transaction.

SERVICE CHARGE
We are advised that a Service Charge is levied towards the upkeep and maintenance of the private estate road.

PLANNING
Motor trade related uses will not be permitted.

OTHER
DEPOSIT

A deposit will be required upon completion of the Lease. The amount is assessed on a case-by-case basis and is subject to financial checks confirming the covenant strength of the company taking the Lease.

BUILDING INSURANCE

Building Insurance for the premises is paid by the Landlord and recovered from the Tenant, the exact costs are dependent upon the type of business and use of the building.

CONTENTS INSURANCE

Is the responsibility of the Tenant.

ENERGY PERFORMANCE CERTIFICATE (EPC)

We have been advised that the premises fall within Class D of the Energy Performance Assessment scale. A full copy of the EPC assessment is available upon request.

ANTI-MONEY LAUNDERING REGULATIONS

Anti-Money Laundering Regulations require Nicholas Percival to formally verify prospective tenant´s identity, residence and source of funds prior to instructing solicitors.

REF: C5747

VIEWING
Strictly by prior appointment with the sole agents, Nicholas Percival Chartered Surveyors.

Brochures

Unit 2, Causeway End, Manningtree, CO11 2LH

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Manningtree Station0.2 miles
  • Mistley Station1.4 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

These notes are private, only you can see them.

Disclaimer - Property reference 101551003689. 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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