A7 Moorside Business Park, Moorside, Colchester, CO1 2ZF

Location

The unit is of steel portal frame construction under a pitched and insulated roof incorporating translucent roof lights, with part brick and part insulated clad elevations. Access is provided via an electric roller shutter door (approx. 2.9m wide x 3.2m high) alongside a separate personnel entrance.
Internally, the ground floor consists of a storage/workshop area, with a minimum eaves height of approx. 4.2m and apex approx. 6.6m. To the rear of the ground floor is an office area with store room, as well as WC & kitchenette facilities. A staircase leads to an additional open plan first floor office.
The unit is serviced by three-phase power and mains water, with LED lighting throughout.
Externally, the unit is accessed via a shared loading / unloading area under a canopy. The unit has two allocated car parking spaces plus shared visitor spaces on site.

LOCATION
The unit is situated within Moorside Business Park, Eastgates, a mixed commercial and leisure area benefitting from good communications to the city centre and inner ring road system which leads to the A12/A120. Close by is the main line railway station (London Liverpool Street approx. 55 mins).

ACCOMMODATION
[Approximate Gross Internal Floor Areas]

Ground Floor: 982 sq ft [91.2 sq m] approx.
First Floor: 320 sq ft [29.7 sq m] approx.
Total: 1,302 sq ft [120.9 sq m] approx.

TERMS
The premises are available to let on a new full repairing and insuring lease, lease length and terms to be agreed (minimum unbroken term of three years), at a rent of £14,000 per annum plus VAT. Rent is payable quarterly in advance.
Alternatively, a twelve-month tenancy agreement is available at a rent of £1,400 per month plus VAT, which includes buildings insurance and service charge.
A deposit of £1,500 plus a sum equivalent to VAT (total £1,800) will be required.

SERVICE CHARGE
A service charge is applicable to cover; maintenance of the estate communal areas, lighting, security, car park and landscaping. Approximate cost for the current year is £1,300 plus VAT, payable quarterly in advance.

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

BUILDINGS INSURANCE
The landlord is responsible for arranging the buildings insurance with the cost to be recovered from the tenant. The approx. cost for the current year is £237.58 plus VAT, payable annually in advance.
Tenant's are to be responsible for their own contents and other liability insurances.

ENERGY PERFORMANCE CERTIFICATE [EPC]
A full copy of the EPC assessment will soon be available from our office upon request.

VAT
All rents and prices are exclusive of VAT under the Finance Act 1989. We are advised that VAT will be applicable.

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
T: 01206 854545
E: colchestercommercial@fennwright.co.uk

Summary

Key points

• Electric Roller Shutter
• Ground & First Floor Office Space
• Kitchenette & W/C Facilities
• 2 Allocated Car Parking Spaces
• Easy A12 / A120 Access (via Ipswich Road)
• Contact

Fenn Wright
Tel: 01206 854545
Edward Nolan
ejn@fennwright.co.uk