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Mill Race Garden Centre, New Road, Aldham, Colchester, CO6 3QT

£3,750 pcm
£45,000 pa

£6.22 per sq ft

Business rates & charges may apply

Nicholas Percival Commercial, Colchester
SIZE AVAILABLE

7,230 sq ft

672 sq m

SECTOR

Out-of-town retail property to lease

Lease details

Lease available date:
Ask agent

Description

LOCATION
Strategically located on the established Mill Race Garden Centre site with prominent roadside frontage to New Road (B1408). The premises are only 1 mile from the A1124 (Halifax Way) and 3 miles from the A120, providing rapid connections to Colchester, Braintree, Stansted Airport and the M11.

The surrounding area is a proven commercial location with nearby occupiers including garden centres, trade counters, cafes and leisure operators.

DESCRIPTION
SUMMARY

Former garden centre showroom & storage facility

Suitable for retail, trade counter, showroom, warehouse, light industrial, leisure, gym, restaurant or mixed-use (STP)

Total accommodation 7,230 sq ft (671.7 sq m) GIA

Extensive gravelled forecourt providing excellent customer/parking and loading space

Attractive weatherboarded elevations under an insulated pitched slate roof

Guide rent £45,000 per annum exclusive + VAT

DESCRIPTION

This characterful, detached single-storey building was most recently used as the principal showroom for the popular Mill Race Garden Centre. The steel portal frame construction (three clear bays) is clad with traditional black weatherboarding and benefits from a high-quality insulated slate roof, giving the property genuine kerb appeal while delivering excellent thermal performance.

The largely open-plan layout provides a generous front-of-house showroom/retail area with good natural light, supplemented by rear office/mezzanine sections, ample storage, staff kitchenette and WC facilities.

Externally, the property enjoys its own large gravelled forecourt directly off New Road, offering plentiful customer parking and easy loading/unloading for delivery vehicles.


ACCOMMODATION
Main showroom/retail area - 5,800 sq ft

Rear offices, storage & ancillary - 1,430 sq ft

Total - 7,230 sq ft (671.7 sq m)

SERVICES
Mains water and electricity are connected. Drainage is to a private treatment plant. Three-phase power is available. Interested parties should make their own enquiries regarding capacity and connection.

TERMS
Available on a new full repairing and insuring lease for a term to be agreed contracted outside the landlord and tenant act 1954.

Quoting rent: £45,000 per annum exclusive (£6.23 psf overall) + VAT

A service charge will be applicable for the upkeep of common areas and private drainage.

VAT
VAT payable on rent and service charge.

LEGAL COSTS
Each party to bear their own legal costs.

PLANNING
The property most recently traded as part of a garden centre (Class E).

It is considered suitable without further consent for:
- Retail (Class E)
- Trade counter
- Showroom
- Light industrial (Class E/B2)
- Storage & distribution (B8)

Alternative uses such as leisure, gym, restaurant/café (Sui Generis), children´s soft play, or veterinary practice may be possible subject to obtaining the necessary planning consents.

OTHER
EPC Rating: C (52) - Valid until 2032

Anti-Money Laundering

In accordance with AML regulations, the successful tenant will be required to provide identification documentation prior to formal lease agreement.

Administrative Fee:

Upon Heads of Terms being agreed and prior to Solicitors being instructed, the prospective tenant or purchaser is to pay an administrative fee of £250 plus VAT to Nicholas Percival Ltd. This fee will cover all associated administrative costs including any referencing fees incurred.

REF:

VIEWING
Strictly by prior appointment through sole agents Nicholas Percival Chartered Surveyors

Contact: Tom Nicholas MRICS

Mill Race Garden Centre, New Road, Aldham, Colchester, CO6 3QT

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Chappel & Wakes Colne Station1.7 miles
  • Marks Tey Station1.9 miles
  • Bures Station4.5 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

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Disclaimer - Property reference 101551004077. 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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