Unit 9 Easter Park, Axial Way, Colchester, Essex, CO4

Available now - an impressive detached warehouse premises located adjacent to the A12, close to Land Rover, VW/Skoda and Toyota. The unit is 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 two electrically operated full height loading door (approx. 5.3m wide by 5.3m high), aluminium double glazed windows, three phase power, mains gas supply, approx. 7m eaves height. There is a reception / lobby area, WC facilities, an accessible WC with a shower, cleaners cupboard, and an open plan first floor office with carpeting, suspended ceiling and LED lighting. To the front of the unit is a large concrete forecourt for loading/unloading along with 17 car parking bays. ACCOMMODATION [Approximate Gross External Floor Area] Ground Floor 14,200 sq ft [1,319.2 sq m] approx. First Floor 1,480 sq ft [137.5 sq m] approx. Total (GEA) 15,680sq ft [1,456.7 sq m] approx. LEASE TERMS The Unit is available on a new full repairing and insuring lease at a rent of £200,000 pax. BUSINESS RATES We have been informed that the rateable value, as of 1st April 2023, is £145,000. We estimate that the rates payable are therefore likely to be in the region of £79,175 per annum. Interested parties are advised to make their own enquiries with the local rating authority to confirm their liabilities. SERVICE CHARGE A service charge is levied for the upkeep and maintenance of the common areas. Approx. cost for the current year £9,433.36 plus VAT. 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 £1,322.19 plus VAT. ENERGY PERFORMANCE CERTIFICATE (EPC) We have been advised that the premises fall within class C (58) of the energy performance assessment scale. LEGAL COSTS Each party will be responsible for their own legal costs incurred in this transaction. VAT VAT will be applicable on the rent and service. All figures quoted are exclusive of VAT, which is applicable on all IPIF Estates. ANTI-MONEY LAUNDERING REGULATIONS Anti-Money Laundering Regulations require Fenn Wright to formally verify a prospective tenants identity prior to the instruction of solicitors. VIEWING: VIEWINGS STRICTLY BY APPOINTMENT VIA JOINT LETTING AGENTS Fenn Wright 01206 85 45 45 colchestercommercial@fennwright.co.uk and Coke Gearing

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