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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Offers in region of£640,000 | 4,731 sq ft
Added > 14 days

Industrial unit for sale

3 Phoenix Court, Hawkins Road, Colchester, Essex, CO2
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Industrial unit
0 bed
0 bath
4,731 sq ft / 440 sq m

Property description & features

  • Freehold Business / Office / Storage Building
  • Two Storey Building With Offices & Stores
  • Excellent WC & Tea Point Facilities
  • Open Plan First Floor Office Layout
  • Loading Door & Loading / Unloading Area
  • Ten On Site Car Parking Spaces
  • Close Colchester Town Railway Station
The unit is of steel portal frame construction with part brick, part profile steel clad elevations under a pitched and insulated roof which incorporates translucent roof lights. There are double glazed windows on the ground and first floor with a loading door to the side elevation providing access to the main industrial / stores area.

The ground floor benefits from an air conditioned office / meeting room, and kitchenette / staff room facilities, with suspended ceiling and LED lighting, along with ample WC facilities.

The industrial area has LED lighting, three phase power, WC facility, and an up and over loading door.

On the first floor there is a large, air conditioned, open plan office area which is carpeted and benefits from a suspended ceiling with LED lighting and ample natural lighting.

Externally there is a loading/ unloading bay in front of the loading door and ten car parking bays.

Accommodation
(Approximate gross internal measurements)
Ground Floor Approx. 2,379 sq ft 221.0 sq m
First Floor Approx. 2,352 sq ft 218.5 sq m
Total Approx. 4,731 sq ft 439.5 sq m

Terms
The premises are to be sold freehold at £640,000 plus VAT.

We are advised that VAT is applicable.

Service Charge
A service charge is applicable to cover; maintenance of the estate communal areas, landscaping and lighting.

The approx. cost for the current year £677.45.

Business Rates
We have been informed that the rateable value, with effect from the 1st April 2023, is £33,000.

We therefore estimate that the rates payable are likely to be in the region of £16,900 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 D (96) 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.

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.

Viewing
Strictly by appointment via sole agents:

Fenn Wright
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Property information from this agent

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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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    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

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    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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