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Industrial unit to rent

Riverside Avenue West, Lawford, Manningtree, Essex, CO11
Industrial unit
3616
Reduced < 7 days

Features and description

  • Workshop With Office And Parking
  • Operational Spray Bake Oven And HVO Heating System
  • Ideally Suited To Body Repair / Detailing Occupiers
  • Generous Forecourt For Parking
  • Established Business Location
AVAILABLE FOR SWIFT OCCUPATION - RENT RECENTLY REDUCED

A semi-detached unit of streel portal frame construction with brick and blockwork elevations under a pitched and insulated roof incorporating translucent roof lights.

The unit comprises an open plan workshop area and is accessed via two roller shutter loading doors situated on the front elevation, measuring approx. 3.7m wide x 3.6m high and 3.9m wide x 3.6m high. Adjacent to the roller shutters is a separate personnel entrance, leading into a reception area, which in turn provides access to a further office and the main workshop. The unit also benefits from a rear store room, WC facility and tea point.

A key feature of the unit is a fully operational Spray Bake Oven, measuring approximately 7.2m x 4.2m with a height of 3.0m. The unit also benefits from LED tube lighting, three-phase power supply, compressed air ring main (but no compressor unit), and a hydrotreated vegetable oil (HVO) heater.
Externally, the property offers a generous forecourt area, providing ample space for parking and loading/unloading.
The unit is ideally suited for body repair or car detailing operators.

LOCATION
This popular industrial development is situated approximately 1/2 mile to the west of Manningtree in an established industrial area with direct access onto the B1352 (Station Road) which links to the A137 leading to Colchester and Ipswich which are both some 9 miles distant.

Manningtree railway station is within walking distance, offering frequent train services to Ipswich and London (Liverpool Street).

ACCOMMODATION
[Approximate Gross Internal Floor Areas]

Total: 3,616 sq ft [335.93 sq m] approx.

TERMS
The premises are available to let on a new full repairing and insuring Law Society lease, with lease length and terms to be agreed (minimum lease term 5 years), at a rent of £29,950 per annum (no VAT), payable monthly in advance.

SERVICE CHARGE
We are advised that there is no service charge applicable.

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.

Tenant's are to be responsible for their own contents and other liability insurances.

BUSINESS RATES
We are advised that the premises have a rateable value, with effect from the 1st April 2023, of £19,500. We therefore estimate that the rates payable are likely to be in the region of £9,730.50 per annum.

Effective 1st April 2026, the RV will be £22,000.

Interested parties are advised to make their own enquiries direct with the local rating authority, to confirm their liabilities in this regard.

ENERGY PERFORMANCE CERTIFICATE [EPC]
We have been advised that the premises fall within class E (119) of the energy performance assessment scale. A full copy of the EPC assessment is available upon request.

VAT
We are advised that the property has not been elected for VAT.

PERMITTED USE
We are advised that the property has been used as a car body repair centre for the past 30+ years.

The landlord is ideally seeking a similar use for the space. Alternative uses may be considered, on a case-by-case basis.

Interested parties are further advised that they will be responsible for checking with the local planning authority whether their proposed uses would be permitted.

LEGAL COSTS
Each party will bear their own legal costs.

ANTI-MONEY LAUNDERING REGULATIONS
Anti-Money Laundering Regulations require Fenn Wright to formally verify a prospective tenants identity prior to the instruction of solicitors.

VIEWINGS STRICTLY BY APPOINTMENT VIA SOLE LETTING AGENTS:
Fenn Wright
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About this agent

Fenn Wright - Colchester Commercial Sales & Lettings
Fenn Wright - Colchester Commercial Sales & Lettings
882 Colchester Business Park, The Crescent Colchester Business Park, Colchester CO4 9YQ
01206 988207
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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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