4 King Edward Quay, Colchester, Essex, CO2
£2,292 pcm
£27,500 pa
£12.31 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
2,234 sq ft
208 sq m
- SECTOR
Light industrial facility to lease
Lease details
- Lease available date:
- Ask agent
Key features
- Large Warehouse Area With Ground & First Floor Offices
- Kitchen and WC Facilities
- Shared Yard For Loading / Unloading
- On Site Car Parking Spaces
- Established Business Location
Description
The premises are of steel portal frame construction with part brick, part profile steel clad elevations under a pitched roof which incorporates translucent roof lights. The warehouse has a minimum eaves height of approx. 4.65m and pitch height of approx. 6.15m.
Access is available via a manual roller shutter door (approx. 4m high x 3m wide) located in the shared yard area, alongside a separate personnel door for convenient entry and exit. Large glazed doors on the front elevation, protected by steel security provide access to an office / trade counter area, kitchen and WC facilities and internal access to the warehouse. A staircase leads to the first floor, which comprises a spacious open-plan office and a separate office/meeting room. This upper level can also be accessed via stairs directly from the warehouse. The premises benefit from electricity, lighting and electric heating (not tested).
Externally, there is on site car parking for 4 cars, plus loading / unloading space.
LOCATION
The property is located on King Edward Quay, close to Whitehall Industrial Estate, approximately three miles to the East of Colchester City Centre. Good access is available to the inner ring road system which links directly to the A12 / A120, providing easy access to the East Coast ports of Harwich and Felixstowe and Stansted Airport.
ACCOMMODATION
[Approximate Gross Internal Floor Areas]
Ground Floor: 1,401 sq ft [130.2 sq m] approx.
First Floor: 833 sq ft [77.4 sq m] approx.
Total: 2,234 sq ft [207.5 sq m] approx.
TERMS
The premises are available to let on a new full repairing and insuring lease, lease length and terms to be agreed, a rent of £27,500 per annum plus VAT.
We are advised that VAT is applicable.
SERVICE CHARGE
A service charge is applicable to cover; maintenance of the estate communal areas and landscaping. The approx. cost for the current year £1,810.82 per annum 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 £361.71 plus VAT.
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.
ENERGY PERFORMANCE CERTIFICATE [EPC]
We have been advised that the premises fall within class D (82) of the energy performance assessment scale.
A full copy of the EPC assessment is available upon request.
VAT
We are advised that VAT will be applicable. All rents and prices are exclusive of VAT under the Finance Act 1989.
LEGAL COSTS
Prior to the instruction of solicitors, the tenant will be required to pay a non-refundable administration fee of £750 plus
VAT. Each party will otherwise bear their own legal costs.
ANTI-MONEY LAUNDERING REGULATIONS
Anti-Money Laundering Regulations require Fenn Wright to formally verify a prospective tenants identity prior to the instruction of solicitors.
VIEWINGS STRICTLY BY APPOINTMENT VIA LETTING AGENTS:
Fenn Wright
T:
E:
Access is available via a manual roller shutter door (approx. 4m high x 3m wide) located in the shared yard area, alongside a separate personnel door for convenient entry and exit. Large glazed doors on the front elevation, protected by steel security provide access to an office / trade counter area, kitchen and WC facilities and internal access to the warehouse. A staircase leads to the first floor, which comprises a spacious open-plan office and a separate office/meeting room. This upper level can also be accessed via stairs directly from the warehouse. The premises benefit from electricity, lighting and electric heating (not tested).
Externally, there is on site car parking for 4 cars, plus loading / unloading space.
LOCATION
The property is located on King Edward Quay, close to Whitehall Industrial Estate, approximately three miles to the East of Colchester City Centre. Good access is available to the inner ring road system which links directly to the A12 / A120, providing easy access to the East Coast ports of Harwich and Felixstowe and Stansted Airport.
ACCOMMODATION
[Approximate Gross Internal Floor Areas]
Ground Floor: 1,401 sq ft [130.2 sq m] approx.
First Floor: 833 sq ft [77.4 sq m] approx.
Total: 2,234 sq ft [207.5 sq m] approx.
TERMS
The premises are available to let on a new full repairing and insuring lease, lease length and terms to be agreed, a rent of £27,500 per annum plus VAT.
We are advised that VAT is applicable.
SERVICE CHARGE
A service charge is applicable to cover; maintenance of the estate communal areas and landscaping. The approx. cost for the current year £1,810.82 per annum 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 £361.71 plus VAT.
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.
ENERGY PERFORMANCE CERTIFICATE [EPC]
We have been advised that the premises fall within class D (82) of the energy performance assessment scale.
A full copy of the EPC assessment is available upon request.
VAT
We are advised that VAT will be applicable. All rents and prices are exclusive of VAT under the Finance Act 1989.
LEGAL COSTS
Prior to the instruction of solicitors, the tenant will be required to pay a non-refundable administration fee of £750 plus
VAT. Each party will otherwise bear their own legal costs.
ANTI-MONEY LAUNDERING REGULATIONS
Anti-Money Laundering Regulations require Fenn Wright to formally verify a prospective tenants identity prior to the instruction of solicitors.
VIEWINGS STRICTLY BY APPOINTMENT VIA LETTING AGENTS:
Fenn Wright
T:
E:
Brochures
4 King Edward Quay, Colchester, Essex, CO2
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Hythe Station0.5 miles
- Colchester Town Station1.2 miles
- Colchester Station2.2 miles
About Fenn Wright, Colchester Business Park Commercial Sales & Lettings
882 Colchester Business Park The Crescent, Colchester Business Park, Colchester, CO4 9YQNotes
These notes are private, only you can see them.
Disclaimer - Property reference 14870819LH. 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 Fenn Wright, Colchester Business Park Commercial Sales & Lettings. 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.
Map data ©OpenStreetMap contributors.