Property for sale
Property description & features
- Highly Prominent Business Premises Suitable For Various Uses (STP)
- Available Due to Relocation
- Currently A Dual Franchised Car Dealership Facility
- Potential For Various Uses (STP)
- Site Area of Approx. 1.3 Acres (0.54 Hectares)
- Located Adjacent to BMW & MINI Dealerships
- Immediate Access to A12 / A120 Link Roads
Externally, the site is laid principally to hard standing and provides for vehicle display, parking and storage for in excess of approx. 150 vehicles.
(Approximate gross internal measurements)
Showrooms & Ancillary Offices & Facilities 10,100 sq ft (938.3 sq m)
Workshop & Ancillary Facilities 7,873 sq ft (731.4 sq m)
Total 17,973 sq ft (1,669.7 sq m)
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 £200,000 per annum.
Consideration is to be given to a freehold sale. Offers are invited in excess of £3,250,000.
We are advised that VAT is applicable.
We are advised that there is no service charge applicable.
The buildings insurance is to be arranged by the landlord with the cost to be recovered from the tenant.
We have been informed that the rateable value is £205,000. We therefore estimate that the rates payable are likely to be in the region of £102,500 per annum.
Interested parties are advised to make their own enquiries with the local rating authority to confirm their liabilities.
Energy Performance Certificate (EPC)
A full copy of the EPC assessment and recommendation report will shortly be available from our office upon request.
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.
Each party will bear their own legal costs.
Anti-Money Laundering Regulations
Anti-Money Laundering Regulations require Fenn Wright to formally verify prospective purchaser's identify, residence and source of funds prior to instructing solicitors.
Strictly by appointment via agents Fenn Wright.
Property information from this agent
Places of interest
Fenn Wright - Colchester Commercial Sales & Lettings
882 Colchester Business Park, The Crescent Colchester Business Park, Colchester CO4 9YQ
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Property reference 14869578FH. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Fenn Wright - Colchester Commercial Sales & Lettings.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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