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Unit 108 Lakes Innovation Centre

£933 pcm
£11,200 pa

£16.72 per sq ft

Business rates & charges may apply

Nicholas Percival Commercial, Colchester
SIZE AVAILABLE

670 sq ft

62 sq m

SECTOR

Out-of-town retail property to lease

Lease details

Lease available date:
Ask agent

Description

LOCATION
The Lakes Innovation Centre forms part of the Lakes Industrial Estate which is located on the east side of Braintree between the town Centre and Freeport Designer Village. There are two entry points into the estate, the first being opposite the Post Office sorting office in Lakes Road and the second being opposite the Salvation Army at Anglia Way.

DESCRIPTION
A self-contained business unit comprising approximately 670 Sq Ft of office and warehouse accommodation.The unit benefits from its own WC and kitchenette facilities and is situated within a secure courtyard.

TERMS
£933.33 plus VAT per calendar month (£11,200 plus VAT per annum).
The property is available To Let by way of a new lease, terms to be agreed.

OUTGOINGS
Unit 108 Lakes Innovation Centre has a Rateable value of £8,100 occupiers may be able to achieve full business rate relief.

VAT
The property is elected for VAT.

LEGAL COSTS
Each party to bear their own legal costs.

SERVICE CHARGE
The rent is inclusive of refuse collection, cleaning of common areas, CCTV, buildings insurance and external maintenance and repairs of the building. The rent excludes internal repairs and decoration, electricity, water, broadband, phone lines and business rates.

OTHER
Administration Fee
Upon Heads of Terms being agreed and prior to Solicitors being instructed, the prospective tenant is to pay an administrative fee of £250 plus VAT to Nicholas Percival Ltd. This fee will cover all associated administrative costs including any referencing fees incurred.

Anti-Money Laundering Regulations
Anti-Money Laundering Regulations (AML): Anti-Money Laundering Regulations require Nicholas Percival to formally verify all tenants.

EPC
Unit 108 has an EPC rating of E (101)

The photographs have been enhanced using AI.

In accordance with the Estate Agents Act 1979 we inform all interested parties that a member of staff from Nicholas Percival has an interest in Rosper Estates Limited, developers of this scheme.

VIEWING
Strictly by prior appointment with the sole Agents Nicholas Percival Ltd
FAO: Ollie Percival

Unit 108 Lakes Innovation Centre

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Braintree Station0.4 miles
  • Braintree Freeport Station0.5 miles
  • Cressing Station1.7 miles

About Nicholas Percival Commercial, Colchester

Beacon End Farmhouse London Road, Stanway, Colchester, CO3 0NQ

Nicholas Percival are well-established Estate Agents and Chartered Surveyors with over 25 years of experience selling the finest village, town and country houses in North Essex and South Suffolk

The Commercial Property Division specialises in all aspects of Sales, Lettings and Professional Advice to both Landlords & Tenants Nicholas Percival Chartered Surveyors has an established reputation for professional excellence and integrity and is regarded as one of the leading independent practices in North Essex

Commercial rent reviews and lease renewals are an opportunity for both owners and occupiers to recast their agreement in a more commercial form; they are not just a re-negotiation of the level of rent. Whether you are the landlord or tenant, when it is time for a rent review or lease renewal it is important to avail yourself with the best representation and accurate advice from a specialist commercial chartered surveyor such as those at Nicholas Percival

Nicholas Percival's Commercial Property Management division have been helping companies and individuals manage their commercial property in Essex for over 29 years.

Our specialist team are based in Colchester and have a depth of local knowledge and expertise that enables them to ensure that client's properties are successfully managed, and as a matter of course provide advice on long term strategic changes, in order to create added value and asset enhancement.

Nicholas Percival assumes full responsibility for the day to day management of your property portfolio. We will be in touch with you throughout the year and will meet you at least once a year to provide a full review of the property portfolio performance. However, our goal is to provide exactly the service you need and we are happy to tailor this approach to suit you. We understand that every company and individual have different needs and will work with you to find the right level of communication and involvement that suits you. In addition, you can rely on our team to help and advise you as and when it is required.

Our Management service covers all aspects of property management:

• Rent collection

• Accounting to the client on a monthly or quarterly basis

• Service charge collection

• Budgeting and collection service charge accounts

• Arranging buildings insurance

• Organising contracts with maintenance suppliers such as cleaners, gardeners etc.

• Health and Safety issues

• Landlord and tenant Statutory obligations

• Site visits and inspections

• Negotiating Rent Reviews & Lease Renewals

Nicholas Percival act as the principal liaison between the Landlord and Tenant at all times. All of our Management services are dealt with in accordance with the terms of the leases and any current relevant legislation and codes of practice.

In addition to our core landlord and tenant, building surveying and valuation services, we provide a variety of additional services, including:

• Independent purchase reports

• Strategy advice and reports

• Redevelopment/conversion appraisals

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 101551004378. 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 Nicholas Percival Commercial, Colchester. 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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