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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£3,583 pcm | £42,995 pa | 3,080 sq ft
Added > 14 days

Industrial unit to rent

2 Edward Park, Grange Way, Whitehall Industrial Estate, Colchester, Essex, CO2
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Industrial unit
0 bed
0 bath
3,080 sq ft / 286 sq m

Property description & features

  • Well Presented Detached Light Industrial / Business Unit
  • Large Loading Door
  • Offices, Meeting Rooms & Stores
  • Tea Point & W/C Facilities
  • Forecourt For Loading / Unloading
  • Eight On Site Car Parking Spaces
  • Popular & Established Location
The premises are of steel portal frame construction with part brick, part profile steel clad elevations, with UPVC double glazed windows, under a pitched and insulated roof incorporating translucent roof lights. Approx. 4.8m eaves and 6.2m apex height.

A personnel door provides access to an entrance hall which leads to an office / trade counter area, a door to the warehouse, accessible W/C facilities and stairs to the first floor offices. The offices feature fluorescent lighting, gas central heating (not tested) and electrical sockets. The warehouse benefits from a loading door (approx. 3m wide by 4m high), three phase power, fire alarm, emergency lighting, and high bay lighting.

To the front of the premises is a forecourt area providing eight car parking spaces and loading / unloading facilities.

Accommodation
(Approximate gross internal measurements)
Ground Floor 2,391 sq ft (222.1 sq m)
First Floor Offices 689 sq ft (64.0 sq m)
Total 3,080 sq ft (286.1 sq m)

Terms
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 £42,995 per annum.

We are advised that VAT is applicable.

Service Charge
A service charge is applicable to cover; maintenance of the estate communal areas, landscaping, lighting and car parking areas. The approx. cost for the current year is £1,405 plus VAT.

Buildings Insurance
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 £597 plus VAT.

Business Rates
We have been informed that, effective 1st April 2023, the rateable value is £24,500. We therefore estimate rates payable are likely to be in the region of £12,225 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 C (60) 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
Prior to the instruction of solicitors, the tenant will be required to pay a non-refundable administration fee of £750.00 plus VAT. Each party will otherwise bear their own legal costs involved with this transaction.

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

    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

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.