16 Grange Way Business Park, Grange Way, Colchester, Essex, CO2
£1,663 pcm
£19,950 pa
£12.70 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
1,571 sq ft
146 sq m
- SECTOR
Light industrial facility to lease
Lease details
- Lease available date:
- Ask agent
Key features
- Available to let on a new lease
- Office & Tea Point Facilities
- Large Loading Door & 6.35m Pitch Height
- Mezzanine Storage Area
- Popular & established business location
Description
Open Plan Light Industrial Unit With Fenced / Gated Side Yard - Available TO LET.
The premises are of steel portal frame construction under a pitched and insulated roof. A personnel door provides access through an entrance lobby (with w/c facility & Tea point) to the main warehouse area, with the property also benefitting from a single office with lighting and carpeting, and mezzanine floor.
A large loading door (approx. 2.6m wide by 4m high), accessed via the gated side yard, provides access to the warehouse (minimum eaves approx. 4.63m and pitch approx. 6.35m) which benefits from lighting, three phase power, and a gas warm air blower (not tested).
Externally, there is a concrete forecourt providing four / five parking spaces, plus gated yard area to the side for loading / unloading.
LOCATION
This semi-detached unit is situated on the popular Whitehall Industrial Estate which is located approximately two miles to the South of Colchester City Centre.
Easy access if available to the inner ring road system leading directly to the A12 dual carriageway providing fast road links to Harwich and Stansted Airport via the A120 and Felixstowe via the A14.
ACCOMMODATION
[Approximate Gross Internal Floor Areas]
Ground Floor: 1,172 sq ft [108.9 sq m] approx.
Mezzanine: 399 sq ft [37.1 sq m] approx.
TOTAL: 1,571 sq ft [146.0 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, at a rent of £19,950 per annum (plus VAT), payable quarterly in advance.
SERVICE CHARGE
We are advised that a service charge may be levied to cover the costs of repairs and maintenance to the communal roadway, which is chargeable on an ad hoc basis.
BUILDINGS INSURANCE
The buildings insurance is to be arranged by the landlord with the cost to be recovered from the tenant. For the current year the approximate cost is £222.75 plus VAT.
BUSINESS RATES
We are advised that the premises have a rateable value, with effect from the 1st April 2023, of £10,500.
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 C (67) of the energy performance assessment scale.
A full copy of the EPC assessment is available upon request.
VAT
VAT will be applicable on the rent and service charge (if 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 £750.00 plus VAT.
Each party will otherwise bear their own legal costs involved with this transaction.
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 SOLE LETTING AGENTS:
Fenn Wright
T:
E:
The premises are of steel portal frame construction under a pitched and insulated roof. A personnel door provides access through an entrance lobby (with w/c facility & Tea point) to the main warehouse area, with the property also benefitting from a single office with lighting and carpeting, and mezzanine floor.
A large loading door (approx. 2.6m wide by 4m high), accessed via the gated side yard, provides access to the warehouse (minimum eaves approx. 4.63m and pitch approx. 6.35m) which benefits from lighting, three phase power, and a gas warm air blower (not tested).
Externally, there is a concrete forecourt providing four / five parking spaces, plus gated yard area to the side for loading / unloading.
LOCATION
This semi-detached unit is situated on the popular Whitehall Industrial Estate which is located approximately two miles to the South of Colchester City Centre.
Easy access if available to the inner ring road system leading directly to the A12 dual carriageway providing fast road links to Harwich and Stansted Airport via the A120 and Felixstowe via the A14.
ACCOMMODATION
[Approximate Gross Internal Floor Areas]
Ground Floor: 1,172 sq ft [108.9 sq m] approx.
Mezzanine: 399 sq ft [37.1 sq m] approx.
TOTAL: 1,571 sq ft [146.0 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, at a rent of £19,950 per annum (plus VAT), payable quarterly in advance.
SERVICE CHARGE
We are advised that a service charge may be levied to cover the costs of repairs and maintenance to the communal roadway, which is chargeable on an ad hoc basis.
BUILDINGS INSURANCE
The buildings insurance is to be arranged by the landlord with the cost to be recovered from the tenant. For the current year the approximate cost is £222.75 plus VAT.
BUSINESS RATES
We are advised that the premises have a rateable value, with effect from the 1st April 2023, of £10,500.
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 C (67) of the energy performance assessment scale.
A full copy of the EPC assessment is available upon request.
VAT
VAT will be applicable on the rent and service charge (if 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 £750.00 plus VAT.
Each party will otherwise bear their own legal costs involved with this transaction.
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 SOLE LETTING AGENTS:
Fenn Wright
T:
E:
Brochures
16 Grange Way Business Park, Grange Way, Colchester, Essex, CO2
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Hythe Station0.9 miles
- Colchester Town Station1.4 miles
- Wivenhoe Station1.6 miles
About Fenn Wright, Colchester Business Park Commercial Sales & Lettings
882 Colchester Business Park The Crescent, Colchester Business Park, Colchester, CO4 9YQNotes
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Disclaimer - Property reference 14870844LH. 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.
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