1a Riverside Avenue West, Lawford, CO11 1UN

£20,000 per annum exclusive

Overview

Office
Property Type

3903 - 3903
sq ft

Description

Location

The unit is of steel portal frame construction with brick and profile steel elevations under a pitched and insulated roof. Behind a full height roller shutter door (approx. 3m wide by 3.5m high) is a double glazed set of entrance doors which lead to a reception area.
The ground floor provides a mix of storage / workshop areas, which feature LED lighting and AC in part (not tested) along with an accessible WC. To the first floor is a large open plan office area, meeting room, kitchenette/staff room, and storage room. There are also additional WC facilities.

Externally there is a concrete forecourt area for loading / unloading and temporary parking. There is unallocated car parking located around the estate on a first come first serve basis, the closest to Unit 1A being located on the side elevation.

ACCOMMODATION
[Approximate Gross Internal Floor Areas]

Ground Floor 1,954 sq ft [181.5 sq m] approx.
First Floor 1,949 sq ft [181.1 sq m] approx.
Total 3,903 sq ft [362.6 sq m] approx.

TERMS
The unit is available To Let on a new full repairing lease (excluding exterior decoration), for a minimum unbroken term length of three years, at a rent of £20,000 per annum (plus VAT). The rent is to be paid quarterly in advance, and we are advised that VAT is applicable.

DEPOSIT
A deposit will be required upon completion of the lease. The amount is assessed on a case by case basis and is subject to financial checks confirming the covenant strength of the company taking the lease.

PLANNING / USE
The unit is available for office, light industrial, trade counter and storage / warehouse use only. Motor trade or leisure related uses are unfortunately not permitted on site.

SERVICE CHARGE
We are advised that a service charge is not applicable.

BUILDINGS INSURANCE
Buildings insurance for the premises is paid by the landlord and reclaimed from the tenant, exact costs are dependant upon the type of business. Contents insurance is the responsibility of the tenant.

BUSINESS RATES
We have been advised that the rateable value, with effect from 1st April 2023, is £23,750.
Therefore approximate rates payable £11,850.
We recommend all parties make their own direct enquiries with the local rating authority.

ENERGY PERFORMANCE CERTIFICATE [EPC]
We have been advised that the premises fall within class C (53) of the energy performance assessment scale. A full copy of the EPC assessment is available upon request.

VAT
VAT will be applicable on the rent. All rents and prices are exclusive of VAT under the Finance Act 1989.

LEGAL COSTS
Each party will bear their own legal costs.

VIEWINGS STRICTLY BY APPOINTMENT VIA SOLE LETTING AGENTS
Fenn Wright
T: 01206 854545
E: colchestercommercial@fennwright.co.uk