Unit 6 Easter Park, Axial Way, Colchester, CO4 5WY

£76,700 per annum exclusive

Overview

Retail
Property Type

5900 - 5900
sq ft

Description

Location

*Ready To Move In* A modern trade counter / industrial / warehouse unit constructed to a high standard with a steel portal frame under a pitched and insulated roof which incorporates translucent roof lights. The unit benefits from an electrically operated full height loading door (approx. 4.5m wide by 5.4m high), aluminium double glazed windows, three phase power, mains gas supply, approx. 6.8m eaves height and 7.7m apex height, WC facilities and an accessible WC with a shower.

To the front of the unit is a large concrete forecourt for loading / unloading along with five car parking bays.

Easter Park is strategically located directly between junction 28 of the A12 and 29 of the A12 (the A120 interchange). This provides the estate with excellent road links to the east coast ports of Harwich & Felixstowe, Stansted airport and the national motorway network.

Colchester City Centre and mainline railway station (London Liverpool Street approx. 50 minutes) are only 2.5 miles distant.

ACCOMMODATION
[Approximate Gross External Floor Area]

Unit 6 Easter Park 5,900 sq ft [548.1 sq m] approx.

TERMS
The premises are available to let on a new full repairing and insuring lease, with lease length and terms to be agreed, at a rent of £76,700 per annum plus VAT.

SERVICE CHARGE
A service charge will be applicable to cover costs of; maintenance of the communal areas, lighting, CCTV, estate signage, and landscaping. The approximate cost for the current year is £3,509.75 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 £52,500. Therefore estimated rates payable of approximately £28,665 for the current year. Interested parties are advised to make their own enquiries.

BUILDINGS INSURANCE
The 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 £699.75 plus VAT.

ENERGY PERFORMANCE CERTIFICATE [EPC]
We have been advised that the premises fall within class B (38) 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 to cover their own.

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 JOINT LETTING AGENTS:
Fenn Wright
01206 85 45 45
colchestercommercial@fennwright.co.uk

and

Coke Gearing