Out-of-town retail property to lease
16 Angora Business Park, Peartree Road, Stanway, Colchester, Essex, CO3
- SIZE AVAILABLE
4,272 sq ft
397 sq m
- SECTOR
Out-of-town retail property to lease
Lease details
- Lease available date:
- Ask agent
Key features
- Trade Counter / Warehouse / Business Premises
- Neighbouring Occupiers Include Screwfix And Toolstation
- Mezzanine Floor With Offices
- Eight Allocated Car Parking Spaces Plus Visitor Spaces
- Established Business Location
Description
A glazed front elevation with a personnel entrance lead to a showroom/display area with a mezzanine floor which has three offices with electric heating. Height under mezzanine approx. 2.8m. There is a separate warehouse / stores area.
Externally, the property offers allocated parking for eight cars, a forecourt area for loading and unloading, and ample unallocated visitor parking 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.
Other occupiers on site include; Halfords Garage Services, Screwfix, Toolstation and Angling Direct.
ACCOMMODATION
[Approximate Gross Internal Floor Areas]
Ground Floor: 3,342 sq ft [310.5 sq m] approx.
Mezzanine Floor: 930 sq ft [86.4 sq m] approx.
Total: 3,154 sq ft [396.9 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 £45,500 per annum plus VAT.
SERVICE CHARGE / BUILDINGS INSURANCE
A service charge is applicable to cover maintenance of the communal areas / car park, landscaping, and lighting. Approximate cost for the current year is £1,700 plus VAT, payable on account.
The buildings insurance is to be arranged by the landlord with the cost to be
recovered from the tenant. Exact costs are dependent upon the type of business. Contents insurance is the responsibility of the tenant.
BUSINESS RATES
We are advised that the premises have a rateable value, with effect from the 1st April 2026, of £42,000. Therefore estimated rates payable of approximately £18,150 for the current year. Interested parties are advised to make their own enquiries.
ENERGY PERFORMANCE CERTIFICATE [EPC]
We have been advised that the premises fall within class C (55) 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.
PLANNING
We are advised that the premises have planning consent for Use Class A1 (restricted to the sale of kitchen furniture & equipment only - with hours restrictions 09:00 to 17:00 Monday to Friday), or reversion to B1, B2 & B8. Permitted hours 07:00 - 20:00 weekdays & Saturdays, and 08:00 - 16:00 for Sundays and public holidays. Further information is available upon request, and interested parties are advised to make their own planning enquiries.
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
16 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
Notes
Disclaimer - Property reference 14870950LH. 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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