Industrial unit for sale
Property description & features
- Substantial Business Premises
- Approx. 1.19 Acre Site (0.48 ha)
- 56 On Site Car Parking Spaces
- Workshop / Warehouse Accommodation
- Air Conditioned Offices
- Close to A12 (Junction 25)
AGM House - a detached building of steel portal frame construction with brick elevations under a part pitched, part flat, roof which incorporates transparent roof lights (where pitched). The workshop area is accessed via a concertina side loading door, has two small mezzanine floor areas, lighting, power, an eaves height of approx. 3.4m, and an apex hight of 4.8m. There are ground and first floor offices providing a mix of open plan and cellular accommodation with WC's and kitchenette facility. The offices have double glazed windows, heating & cooling (not tested), power and carpeting throughout. There is a fenced and gated yard area to the side of the building.
There are, in total, fifty-six car parking spaces provided on site. This includes the right to eleven parking spaces to the rear of Renzland House.
Accommodation
Approximate Gross Internal Area:
Renzland House
Workshop / Stores Approx. 11,927 sq ft 1,108.0 sq m
Offices Approx. 2,989 sq ft 277.7 sq m
Total Approx. 14,916 sq ft 1,385.7 sq m
AGM House
Workshop / Stores Approx. 4,583 sq ft 425.8 sq m
Mezzanine Floors Approx. 1,286 sq ft 119.5 sq m
Offices (Two Storey) Approx. 5,200 sq ft 483.1 sq m
Total Approx. 11,069 sq ft 1,028.4 sq m
Combined Approx. 25,985 sq ft 2,414.1 sq m
Note: floor plans are available upon request.
The site area is approx. 1.19 Acres (0.48 ha)
Terms
The premises are available For Sale freehold, with vacant possession, at a guide price of £2,750,000.
We are advised that VAT is applicable at the prevailing rate.
Title Numbers: EX531021 and EX676624.
Access Road Maintenance
The owner will be responsible for one third of the costs of the upkeep of the access road to London Road once it has been developed. For the avoidance of doubt there will be no liability for the upgrading and an annual charge may only be levied upon completion of the development of the Connect 12 site (located behind this site).
Business Rates
We are advised that the buildings are jointly assessed with a rateable value, effective 1st April 2023, of £115,000. Therefore estimated rates payable of approx. £58,900 for the year 2023/24.
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 Renzland House falls within class C (68) of the energy performance assessment scale, and AGM House class D (91). Full copies of the EPC assessments and recommendation reports are available from our office upon request.
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 Sole Agents:
Fenn Wright
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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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