Unit P, Eastgates, Global Park, Moorside, Colchester, CO1 2TJ

£29,995 per annum exclusive

Overview

Retail
Property Type

2550 - 2550
sq ft

Description

Location

Description

*Six months half rent is available subject to lease terms and covenant*

The unit has just undergone an extensive refurbishment to include a new insulated roof with transparent roof lights, LED high bay lights, new loading door, and a single accessible WC to each unit.

The premises are presented in an open plan layout ready for occupation. Mains water and three phase power supply are provided. Eaves heights of approx. 3.2m and Apex height of approx. 6m.

Externally there is a concrete forecourt area for loading / unloading and there is a communal car parking area with a mix of allocated and unallocated car parking.

ACCOMMODATION
[Approximate Gross Internal Floor Areas]
Unit P: 2,550 sq ft [236.9 sq m] approx. £29,995 pa

TERMS
The unit is available To Let on a new full repairing and insuring lease, with terms to be agreed, at a rent of £29,995 per
annum , payable quarterly in advance, and plus VAT at the prevailing rate.
*Six months half rent is available subject to lease terms and covenant.

SERVICE CHARGE
We are advised that a service charge is applicable to cover the repair and maintenance of the external communal areas.
For the current year the approx. cost is £0.59 per sq ft.

BUSINESS RATES
We are advised that the premises have a rateable value, with effect from the 1st April 2023, of £12,750.
For ratable values between £12,000 and £15,000 concessionary rates relief may be available subject to eligibility.
Interested parties are advised to make their own enquiries.

BUILDINGS INSURANCE
The landlord will arrange the buildings insurance and will recover this from the tenants.
The approx. costs for the current year to be confirmed.

ENERGY PERFORMANCE CERTIFICATE [EPC]
We have been advised that the premises fall within class C(52) of the energy performance assessment scale.
Full copies of the EPC assessments and recommendation reports are available from our office 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 are strictly by appointment via agents;
Fenn Wright
Tel: 01206 85 45 45
Email: colchestercommercial@fennwright.co.uk

Location

Global Park is an established commercial estate which benefits 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) and the Colchester Town Station.