The unit is comprised of a ground floor warehouse / workshop space (ceiling height approx. 3.2m), which is accessed via an electric roller shutter door (approx. 3.6m width x 2.9m height) with integrated personnel door. The workshop benefits from LED strip lighting and 3-phase power supply.
An interconnecting door leads into the ground floor / reception area (accessed externally via separate personnel door), which is currently undergoing refurbishment and benefits from office / meeting room space and W/C facilities.
An internal staircase leads to the first floor, also currently undergoing refurbishment, and will provide office space (to benefit from carpeting and LED lighting), as well as a new tea point facility and ample storage space with natural light provided by windows throughout and translucent roof lights.
Externally, there is parking to the side elevation (approx. 4 / 5 spaces - more if double parked), as well as loading / unloading area in front of the shutter door.

LOCATION
The unit is located on Hythe Quay, close to Colchester's City Centre and also the nearby popular Whitehall Industrial Estate. Good access is available to the inner ring road systems which in turn lead to the A12 and A120 (approx. 4.5 miles), providing direct links to the M25, Stansted Airport and the east coast ports of Harwich and Felixstowe.

ACCOMMODATION
[Approximate Gross Internal Floor Areas]

Ground Floor Warehouse: 2,912 sq ft [270.5 sq m] approx.
Ground Floor Offices / Reception: 840 sq ft [78.0 sq m] approx.
First Floor Offices / Stores: 3,787 sq ft [351.8 sq m] approx.
Total: 7,539 sq. ft [700.3 sq. m] approx.

TERMS
The premises are available to let on a new full repairing and insuring lease, with lease length and terms to be agreed (subject to a minimum unbroken lease term of five years) at a rent of £39,500 per annum (plus VAT).

SERVICE CHARGE
A provision for a service charge will be included within the lease to cover the costs of repairs and maintenance to the communal roadway, which will be chargeable on an ad hoc basis. VAT will be applicable.

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 £2,100 plus VAT.

BUSINESS RATES
We are advised that the premises currently has two separate business rating assessments:
Unit 2c Hythe Quay: RV £17,000
1st Flr Unit 2 Hythe Quay: RV £12,250
Combined RV therefore approx. £29,250.

We therefore estimate rates payable are likely to be in the region of £12,640 per annum.
We recommend all parties make their own direct enquiries with the local rating authority to confirm their liabilities in this regard.

ENERGY PERFORMANCE CERTIFICATE [EPC]
We have been advised that the premises fall within class E (115) 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. All rents and prices are exclusive of VAT under the Finance act 1989.

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
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