No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Industrial unit

Let agreed
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Industrial unit
0 bed
0 bath
20,589 sq ft / 1,913 sq m

Property description & features

  • Large Detached Warehouse / Business Premises
  • Gated Yard Area For Loading/Unloading
  • Dock Level Loading Door
  • Mezzanine Floors
  • Established Industrial Estate Location
The unit is primarily of steel portal frame construction with brick and profile steel clad elevations under a pitched roof with both ground and dock level loading doors providing access.

Internally the units have eaves heights ranging from approx. 3.8m up to 9.0m in the rear warehouse area.

To the front of the premises are ground and first floor offices with W/C and kitchenette facilities.

Parking is available on the forecourt to at the front. Gates provide access to a self-contained yard area which is suitable for further parking or loading/unloading space.

The premises are currently undergoing light refurbishment. Further details of works being carried out can be provided upon request.

Accommodation
Approximate Gross Internal Area:

Warehouse & Offices 17,576 sq. ft (1,632.9 sq. m)
Mezzanine Floors 3,013 sq. ft (279.9 sq. m)
Total 20,589 sq. ft (1,912.8 sq. m)

We understand that the total site area is approx. 0.69 Acres (0.28 ha), subject to survey.

Terms
The premises are available to let on a new lease, with lease length and terms to be agreed, at a rent of £100,000 per annum.

Alternatively, consideration will be given to a freehold sale, price upon application.

We are advised that VAT is applicable at the prevailing rate.

Service Charge
We are advised that there is no service charge applicable.

Buildings Insurance
In the event of a letting 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 to be confirmed.

Business Rates
We are advised that the premises have a rateable value of £42,750.

Therefore, estimated rates payable of approx. £21,500 for the current year.

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 C(61) of the energy performance assessment scale.

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.

Viewings Strictly By Appointment Via Joint Sole Agents:

Fenn Wright
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Property information from this agent

Places of interest

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    Commercial Agency, Estate Agents and Letting Agents Our Colchester Business Park office is home to our North Essex Commercial agency team who specialise in the sale, letting and acquisition of commercial premises. The office is headed up by Michael Moody, who joined Fenn Wright alongside Jeremy Newman in 2017, following the acquisition of Newman Commercial. The focus of this office is on the sale and letting of industrial, office and retail spaces across North Essex and the provision of expert advice to support requests for formal valuations, rent reviews, strategic asset management and development decisions. Together with our commercial property valuation team, who operate out of our nearby Stanway office, Fenn Wright offer unrivalled knowledge and exposure to the commercial property market within Colchester and the surrounding area.

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    Property reference 14869898LH. 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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    *Call rate information

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