11 Angora Business Park, Peartree Road, Stanway, Essex, CO3

The premises benefit from a large glazed front elevation with separate personnel entrance and is divided into office and warehouse space. The warehouse area benefits from a large loading door (approx. 3.9m wide x 3.8m high), translucent roof lights, high bay lighting, three phase power, fire alarm and accessible WC facilities. Eaves height approx. 4.10m and apex height approx. 6.0m.
The office/ trade counter is accessed via a personnel door and benefits from a second ancillary office/ meeting room and access to the warehouse.
Externally, the property offers allocated parking for 3 cars, a forecourt area for loading and unloading, and ample unallocated visitor parking on-site.

LOCATION
Angora Business Park is a development of trade counter / industrial / retail units prominently located on the popular Peartree Road directly opposite the East of England Co-op Food Store and adjacent to Hatfield's Furniture store. Occupiers on site include; Halfords Garage Services, Screwfix, Toolstation and Angling Direct.
The A12 trunk road is just 1 mile distant and Colchester city centre and main line railway station is approximately 3 miles to the east.

ACCOMMODATION
[Approximate Gross Internal Floor Areas]

Total: 1,453 sq ft [134.99 sq m] approx.

TERMS
The premises are available to let on a new effective full repairing and insuring lease, with lease length and terms to be agreed, at a rent of £22,500 per annum plus VAT.
The rent is payable monthly in advance.

SERVICE CHARGE
A service charge is applicable to cover maintenance of the communal areas / car park, and landscaping, lighting and security (including CCTV).
Approximate cost for the current year is £691.40 plus VAT, payable on account.

BUSINESS RATES
We are advised that the premises have a rateable value, with effect from the 1st April 2023, of £11,250.
For rateable values below £12,000, 100% small business rate relief may be available, subject to eligibility.
We recommend all parties make their own direct enquiries with the local rating authority.

BUILDINGS INSURANCE
The landlord is responsible for arranging the buildings insurance with the cost to be recovered from the tenant.
The approx. cost for the current year is £TBC plus VAT.

ENERGY PERFORMANCE CERTIFICATE [EPC]
We have been advised that the premises fall within class C (70) of the energy performance assessment scale.
A full copy of the EPC assessment and recommendation report is available from our office upon request.

VAT
VAT will be applicable on the rent and service.
All rents and prices are exclusive of VAT under the Finance act 1989.

LEGAL COSTS
Each party will bear their own legal costs.

VIEWINGS STRICTLY BY APPOINTMENT VIA SOLE LETTING AGENTS:
Fenn Wright
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