Location

An attractive detached office building prominently located by the entrance of the popular Threshelfords Business Park on the outskirts of Feering, with easy access to the A12 trunk road and approximately 1.5 miles from Kelvedon Railway Station (London Liverpool Street approximately 40 minutes). Chelmsford is approximately 10 miles to the South West and Colchester 10 miles to the North East.



Description

Constructed in c.2008 the building is of modern cavity blockwork construction with part timber cladding externally, under a pitched and tiled roof, arranged over ground and first floors. There is a reception area with W/C facilities, passenger lift to the first floor and access to the ground floor offices, store room and stairs to the first floor.



The offices are carpeted and benefit from a suspended ceilings with LED lighting, recessed heating / cooling units and high quality glazed partitioning providing three offices / meeting rooms on the ground floor and four on the first floor. There is a 100mb fibre internet leased line.



Externally the office is situated within landscaped grounds with a duck pond and seating area along with marked car parking bays for 21 cars.



Accommodation

(Approximate net internal measurements taken from architects scaled drawings)



Ground Approx. 2,649 sq ft (246.1 m)

First Approx. 2,634 sq ft (244.7 m)

Total Approx. 5,283 sq ft (490.8 m)



Note: Part of the ground floor offices are currently let to a sub tenant. Further details of the rent and lease terms are available upon request.



Terms

The premises are available to let on a new full repairing and insuring lease at a rent of £85,000 per annum, plus VAT.



Alternatively the premises are For Sale on a 999 year ground lease from 30th November 2007, at a peppercorn rent, at a price of £1,075,000 plus VAT.



Title Information: EX806736 & EX388339.



Service Charge

A service charge is applicable to cover the cost of; maintenance, lighting and landscaping of the external communal areas.



Approx. cost for the current year is £2,612.00.



Business Rates

We have been informed that the rateable value is £72,000.



We estimate that the rates payable are likely to be in the region of £36,300 per annum.



Interested parties are advised to make their own enquiries with the local rating authority to confirm their liabilities.



Energy Performance Certificate (EPC)

We have been advised that the premises fall within class B (42) of the energy performance assessment scale.



A full copy of the EPC assessment and recommendation report is available from our office upon request.



VAT

All rents and prices are exclusive of VAT under the Finance Act 1989.



Interested parties are advised to consult their professional advisors as to their liabilities, if any, in this direction.



Legal Costs

Each party will bear their own legal costs.



Viewing

Strictly by appointment via sole agents:



Fenn Wright - Michael Moody

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