12 Edward Park, Grange Way, Colchester, Essex, CO2

*REDUCED RENT IN YEARS 1 & 2 (subject to lease terms)*

The property is of steel portal frame construction with part brick and part profile steel clad elevations, set beneath a pitched, insulated roof incorporating translucent roof lights. It offers an approximate eaves height of approx. 4.8m and an apex height of approx. 6.3m.
Access is provided via a personnel door leading into an entrance hall, which connects to office and trade counter areas, along with kitchen and WC facilities. A staircase leads to the first-floor offices, which are fitted with fluorescent lighting, gas central heating, and air conditioning (both not tested), as well as electrical sockets and carpet / vinyl flooring.
An electric loading door (approx. 3m wide by 4m high) provides separate entry to the warehouse area. The warehouse area benefits from three phase power, fire alarm and fire exit, emergency lighting, and high bay lighting.
Externally, the property benefits from a gated and fenced yard, offering generous space for loading/unloading, and on-site parking.

LOCATION
Edward Park is situated on the popular and well established Whitehall Industrial Estate which is located approximately two miles to the south of Colchester City Centre. Easy access is available to the inner ring road system leading directly to the A12 dual carriageway providing excellent links to Harwich and Stansted via the A120 and Felixstowe via the A14.

ACCOMMODATION
[Approximate Gross Internal Floor Areas]

Ground Floor: 2,395 sq ft [222.5 sq m] approx.
First Floor: 1,167 sq ft [108.4 sq m] approx.
Mezzanine: 79 sq ft [7.3 sq m] approx.
Total: 3,641 sq ft [338.3 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 £45,500 per annum (plus VAT).

An initial introductory offer may be considered for years 1 and 2, subject to lease terms and tenant covenant, consisting of:
Year 1: £38,250 per annum (plus VAT)
Year 2: £41,900 per annum (plus VAT)

SERVICE CHARGE
A service charge is not applicable.

BUSINESS RATES
We have been informed that, effective 1st April 2026, the rateable value is £38,250. We therefore estimate rates payable are likely to be in the region of £16,525 per annum. Interested parties are advised to make their own enquiries with the local rating authority to confirm their liabilities.

BUILDINGS INSURANCE
The buildings insurance is to be arranged by the landlord with the cost to be recovered from the tenant.
The approx. cost for the current year is £841.91 plus VAT.

ENERGY PERFORMANCE CERTIFICATE [EPC]
We have been advised that the premises fall within class C (60) of the energy performance assessment scale. A full copy of the EPC assessment is available 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 involved with this transaction.

ANTI-MONEY LAUNDERING REGULATIONS
Anti-Money Laundering Regulations require Fenn Wright to verify the identity, private residence and source of funds (where applicable) of prospective purchasers and tenants prior to solicitors being instructed. An administration fee is payable, and further details are available upon request.

VIEWINGS STRICTLY BY APPOINTMENT VIA SOLE LETTING AGENTS:
Fenn Wright
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