No longer on the market
This property is no longer on the market
MapIndustrial unit
Let agreed
Industrial unit
10644
Features and description
- Ready for occupation
- Warehouse with large loading door
- Ground and first floor offices
- Excellent on site car parking
- Easy A12/A120 access
A prominent industrial unit, with offices and a fenced forecourt, located on the corner of Telford Way and Stephenson Road on the very well established and popular Severalls Industrial Park.
Nearby occupiers include; Edmundson Electrical, Eurocelll, BSS, Crown Paints, Screwfix, Toolstation, AllTrade, Speedy Fixings, and Motorparts Direct.
Situated adjacent to the A12/A120 interchange providing easy access to Stansted Airport, the East Coast ports of Harwich and Felixstowe, and the national motorway network.
The building is of steel portal frame with brick and insulated steel clad elevations under a pitched and insulated roof.
A welcoming reception are provides access to a mix of ground floor office, workshop and warehouse space along with first floor office areas. WC and tea point facilities are also provided. An electrically operated loading door (3m wide x 3.5m high) on the side elevation provides access to the warehouse areas.
The building benefits from LED lighting, three phase power, mains gas, and mains water supplies.
Externally there is a fenced forecourt area providing parking for c.18 cars along with loading and unloading areas.
ACCOMMODATION
[Approximate Gross Internal Floor Areas]
Ground Floor 7,789 sq ft [723.6 sq m] approx.
First Floor Offices 2,855 sq ft [265.3 sq m] approx.
Total 10,644 sq ft [988.9 sq m] approx.
TERMS
The premises are available to let by way of an assignment of the existing ten year FRI lease (no break option or review outstanding) which is to expire November 2028, at a passing rent of £76,374 pax. Or on a new sub-lease, with terms to be agreed.
Alternatively a new lease, direct from the landlord, may be available subject to negotiation.
SERVICE CHARGE
We are advised that no service charge is applicable.
BUSINESS RATES
We are advised that the premises are assessed for business rates purposes in conjunction with three adjacent properties (view here), and are yet to be individually assessed.
Interested parties are advised to make their own enquiries.
BUILDINGS INSURANCE
The buildings insurance is to be arranged by the landlord with the cost to be recovered from the tenant. For the current year the approximate cost is £TBC plus VAT.
ENERGY PERFORMANCE CERTIFICATE [EPC]
We have been advised that the premises fall within class D (78) of the energy performance assessment scale. A full copy of the EPC assessment is available upon request or can be viewed here.
VAT
We are advised that VAT will be applicable on the rent. All rents and prices are exclusive of VAT under the Finance act 1989.
LEGAL COSTS
Each party is to be responsible for their own legal costs.
ANTI-MONEY LAUNDERING REGULATIONS
Anti-Money Laundering Regulations require Fenn Wright to formally verify a prospective tenants identify, where applicable, prior to the instruction of solicitors.
VIEWINGS STRICTLY BY APPOINTMENT VIA JOINT SOLE LETTING AGENTS
Fenn Wright
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Nearby occupiers include; Edmundson Electrical, Eurocelll, BSS, Crown Paints, Screwfix, Toolstation, AllTrade, Speedy Fixings, and Motorparts Direct.
Situated adjacent to the A12/A120 interchange providing easy access to Stansted Airport, the East Coast ports of Harwich and Felixstowe, and the national motorway network.
The building is of steel portal frame with brick and insulated steel clad elevations under a pitched and insulated roof.
A welcoming reception are provides access to a mix of ground floor office, workshop and warehouse space along with first floor office areas. WC and tea point facilities are also provided. An electrically operated loading door (3m wide x 3.5m high) on the side elevation provides access to the warehouse areas.
The building benefits from LED lighting, three phase power, mains gas, and mains water supplies.
Externally there is a fenced forecourt area providing parking for c.18 cars along with loading and unloading areas.
ACCOMMODATION
[Approximate Gross Internal Floor Areas]
Ground Floor 7,789 sq ft [723.6 sq m] approx.
First Floor Offices 2,855 sq ft [265.3 sq m] approx.
Total 10,644 sq ft [988.9 sq m] approx.
TERMS
The premises are available to let by way of an assignment of the existing ten year FRI lease (no break option or review outstanding) which is to expire November 2028, at a passing rent of £76,374 pax. Or on a new sub-lease, with terms to be agreed.
Alternatively a new lease, direct from the landlord, may be available subject to negotiation.
SERVICE CHARGE
We are advised that no service charge is applicable.
BUSINESS RATES
We are advised that the premises are assessed for business rates purposes in conjunction with three adjacent properties (view here), and are yet to be individually assessed.
Interested parties are advised to make their own enquiries.
BUILDINGS INSURANCE
The buildings insurance is to be arranged by the landlord with the cost to be recovered from the tenant. For the current year the approximate cost is £TBC plus VAT.
ENERGY PERFORMANCE CERTIFICATE [EPC]
We have been advised that the premises fall within class D (78) of the energy performance assessment scale. A full copy of the EPC assessment is available upon request or can be viewed here.
VAT
We are advised that VAT will be applicable on the rent. All rents and prices are exclusive of VAT under the Finance act 1989.
LEGAL COSTS
Each party is to be responsible for their own legal costs.
ANTI-MONEY LAUNDERING REGULATIONS
Anti-Money Laundering Regulations require Fenn Wright to formally verify a prospective tenants identify, where applicable, prior to the instruction of solicitors.
VIEWINGS STRICTLY BY APPOINTMENT VIA JOINT SOLE LETTING AGENTS
Fenn Wright
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Property information from this agent
About this agent
Fenn Wright - Colchester Commercial Sales & Lettings
882 Colchester Business Park, The Crescent
Colchester Business Park, Colchester
CO4 9YQ
01206 988207Commercial 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.