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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£1,250 pcm | £15,000 pa | 1,713 sq ft
Added > 14 days

Industrial unit to rent

14 Peartree Business Centre, Peartree Road, Stanway, Colchester, Essex, CO3
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Industrial unit
0 bed
0 bath
1,713 sq ft / 159 sq m

Property description & features

  • Business premises with large loading door
  • Gated side yard and rear storage area
  • Large mezzanine storage area
  • Concrete forecourt for loading / parking
  • Popular and established business location
The unit is of steel portal frame construction with part brick and part profile steel clad elevations, under a pitched and insulated roof. A personnel door on the front elevation provides access to the warehouse (eaves height approx. 2.5m), which benefits from an office, tea point and W/C facility. The unit benefits from lighting and 3 phase power. There is also a full mezzanine storage area (eaves height approx. 1.89m).

Externally, there is a concrete forecourt providing space for parking / loading, as well as a self-contained gated side yard with a full height roller shutter door providing access to the warehouse. In addition, there is an external store to the rear accessed via the yard or a personnel door within the warehouse.

ACCOMMODATION
[Approximate Gross Internal Floor Areas]

Ground Floor: 932 sq ft [86.6 sq m] approx.
Mezzanine: 782 sq ft [72.7 sq m] approx.
Total: 1,714 sq ft [159.3 sq m] approx.

TERMS
The premises are available to let on a new full repairing and insuring lease, with lease length and terms to be agreed, at a rent of £15,000 per annum (no VAT). The rent is to be payable quarterly in advance.

SERVICE CHARGE
A service charge will be applicable to cover the cost of maintenance of the estate communal areas, landscaping and street lighting.
Approximate cost for the current year is £501.00 plus VAT.

BUILDINGS INSURANCE
The buildings insurance is to be arranged by the landlord with the cost to be recovered from the tenant.

BUSINESS RATES
We are advised that the premises have a rateable value, with effect from the 1st April 2023, of £10,500.
For rateable values below £12,000, 100% small business rates relief may be available, subject to eligibility.

We recommend all parties make their own direct 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 (95) of the energy performance assessment scale. A full copy of the EPC assessment and recommendation report is available upon request.

VAT
We are advised that VAT will not be applicable on the rent, however VAT is applicable on the service charge.

LEGAL COSTS
Each party will bear their own legal costs.

VIEWINGS STRICTLY BY APPOINTMENT
VIA SOLE LETTING 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 14870412. 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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