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5 Angora Business Park, Peartree Road, Stanway, Colchester, Essex, CO3

£3,750 pcm
£45,000 pa

£15.52 per sq ft

Business rates & charges may apply

Fenn Wright, Colchester Business Park Commercial Sales & Lettings
SIZE AVAILABLE

2,900 sq ft

269 sq m

SECTOR

Light industrial facility to lease

Lease details

Lease available date:
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Key features

  • Light Industrial / Trade Counter Unit
  • Established Trade / Retail Location
  • Large Fenced & Gated Forecourt Area
  • Office & W/C Facilities
  • Easy A12 Access

Description

The premises are of steel portal frame construction under a pitched roof, incorporating translucent roof lights, with brick block / insulated clad elevations. The unit benefits from a large loading door (approx. 3.9m wide x 4m high), and a glazed front elevation with a personnel entrance leading directly into the warehouse.
Internally, the warehouse features high bay lighting, three phase power supply, accessible WC facilities, office and a fire alarm system. Eaves height approx. 4.4m and apex height approx. 6.55m.
Externally, the property features a generous fenced and gated forecourt, providing ample space for car parking and loading/unloading. Additional unallocated visitor parking is available 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. 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.
Occupiers on site include; Halfords Garage Services, Screwfix, Toolstation and Angling Direct.


ACCOMMODATION
[Approximate Gross Internal Floor Areas]

Warehouse: 2,725 sq ft [253.16 sq m] approx.
Office: 175 sq ft [16.26 sq m] approx.
Total: 2,900 sq ft [269.42 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 £45,000 per annum plus VAT.

SERVICE CHARGE
A service charge is applicable to cover; maintenance of the estate communal areas, landscaping, lighting and car parking areas. Approximate cost for the current year is £1,430.46 plus VAT, payable on account.

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

BUSINESS RATES
We are advised that the premises have a rateable value, with effect from the 1st April 2023, of £22,000 (rising to £32,250 from 1st April 2026).
Therefore estimated rates payable of approximately £11,000 for the current year (rising to approx. £13,900 from 1st April 2026).
Interested parties are advised to make their own enquiries.

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 available upon application.

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 is available upon request.

LEGAL COSTS
Each party will 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 SOLE LETTING AGENTS:
Fenn Wright
T:
E:

Brochures

5 Angora Business Park, Peartree Road, Stanway, Colchester, Essex, CO3

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Marks Tey Station2.4 miles
  • Colchester Station2.6 miles
  • Colchester Town Station2.6 miles

About Fenn Wright, Colchester Business Park Commercial Sales & Lettings

882 Colchester Business Park The Crescent, Colchester Business Park, Colchester, CO4 9YQ

Fenn Wright are East Anglia's leading, independently owned partnership of commercial property agents, estate agents and Chartered Surveyors, with a reputation for providing the highest level of customer care.

Our commercial property agents offer an unrivalled range of professional skills and local market knowledge and we aim to provide industry-leading levels of service. We represent a wide spectrum of clients, including investors and developers, landlords and tenants, property companies, pension funds, business owners and private individuals. We can provide expert advice on every aspect of buying, selling and renting Commercial property, from valuations, landlord and tenant services, property management and insolvency, to name a few.

We have an unequalled presence throughout Essex and Suffolk with offices in the major hubs of Chelmsford, Colchester, Colchester Business Park and Ipswich - as well as branches in Sudbury, Woodbridge, Witham, Stanway, Felixstowe, Kesgrave and Manningtree.

Notes

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Disclaimer - Property reference 14870915LH. 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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