12 Mason Road, Colchester, CO1 1BX

£39,995 per annum exclusive

Overview

Retail
Property Type

3116 - 3116
sq ft

Description

Location

The property consists of a semi-detached business unit constructed with a steel portal frame, featuring brick and profile steel-clad elevations beneath a pitched, insulated roof. The specification includes LED high bay lighting and has a minimum eaves height of approximately 3.4m and an apex height of approximately 4.9m.
The unit has a three phase power supply (not tested) and benefits from a large warehouse area with a roller shutter door (approx. 3.0m x 3.0m), separate office/trade counter area and WCs.
The forecourt provides nine car parking spaces, as well as a loading/unloading area.

LOCATION
The property is situated on Mason Road which forms part of the Cowdray Trade Park, a well established commercial centre accessed off the town's inner ring road system.
Colchester's main line station lies a short distance away and the development is directly opposite Colchester's principal leisure complex. The A12 trunk road is located approximately 1.5 miles distant.
Neighboring occupiers include; The Range, MKM Builders Merchants, Graham Plumbers Merchant, Howdens, Go Bananas, Dulux Decorators Centre and AirHop.

ACCOMMODATION
[Approximate Gross Internal Floor Areas]

Total: 3,116 sq ft [289.5 sq m] approx.

TERMS
The premises are available to let on a new effective full repairing and insuring lease, with lease length and terms to be agreed, at a rent of £39,995 per annum plus VAT.

SERVICE CHARGE
A service charge is applicable to cover; maintenance of the estate communal areas, landscaping, lighting and car parking areas.
Approximate cost for the current year is £875 plus VAT, payable on account.

BUSINESS RATES
We are advised that the premises have a rateable value, with effect from the 1st April 2023, of £24,500.
Therefore estimated rates payable of approximately £12,230 for the current year.
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 £791 plus VAT.

ENERGY PERFORMANCE CERTIFICATE [EPC]
We have been advised that the premises fall within class B (48) 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 and service. 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