Unit N Global Park, Eastgates, Moorside, Colchester, Essex, CO1
Size
1,745
Lease length
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EPC
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Parking
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- Price per
- Primary use
- Light industrial
- Other use(s)
- Warehouse, Out of town retail
Key features
- Open Plan Warehouse Area
- Large Loading Door
- To Let On New FRI Lease
- On Site Car Parking
- Established Industrial Park Location
Description
The unit is of steel portal frame construction with profile steel cladding under a pitched and insulated roof incorporating translucent roof lights and features LED high bay lights, loading door, and a single accessible WC.
The premises are presented in an open plan layout ready for occupation. Mains water and three phase power supply are provided. Eaves heights of approx. 3.2m and Apex height of approx. 6m.
Externally there is a concrete forecourt area for loading / unloading and there is a communal car parking area with a mix of allocated and unallocated car parking.
LOCATION
Global Park is an established commercial estate which benefits from good communications to the City Centre and inner ring road system which leads to the A12/A120. Close by is the main line railway station (London Liverpool Street approx. 55 mins) and the Colchester Town Station.
ACCOMMODATION
[Approximate Gross Internal Floor Areas]
Unit N: 1,745 sq ft [162.1 sq m] approx. £22,750 pa
TERMS
The unit is available To Let on a new full repairing and insuring lease, lease length and terms to be agreed, at a rent of £22,750 per annum (plus VAT), payable quarterly in advance. We are advised that VAT will be applicable.
SERVICE CHARGE
We are advised that a service charge is applicable to cover the repair and maintenance of the external communal areas. For the current year the approx. cost is £1,127.03 plus VAT.
BUILDINGS INSURANCE
The landlord will arrange the buildings insurance and will recover this from the tenants. The approx. costs for the current year is £349.15 plus VAT.
BUSINESS RATES
We are advised that the premises have a rateable value, with effect from the 8th February 2024, of £8,400.
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 (53) of the energy performance assessment scale. Full copies of the EPC assessments and recommendation reports are available from our office 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 £750.00 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 JOINT SOLE LETTING AGENTS:
Fenn Wright
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- Status
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- Use class
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Brochure
Unit N Global Park, Eastgates, Moorside, Colchester, Essex, CO1
About Fenn Wright, Colchester Business Park Commercial Sales & Lettings
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.
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Disclaimer - Property reference 14870888LH. 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.