1 Lancaster Way, Earls Colne Business Park, Earls Colne, Essex, CO6
CO6
£60,000
9 photos · click any to view · view on agent site
The unit comprises a modern industrial warehouse of steel portal frame construction, featuring a pitched roof with insulated composite roof panels and a combination of brick cavity and insulated composite panel elevations. The main warehouse area provides a large open-plan space and is accessed via two loading doors, with a separate area to the side with its own loading door. The eaves height is approx. 5.5m with a pitch height of approx. 7.0m. A separate personnel entrance provides access to a reception area which leads to a fitted kitchenette / staff room and ample WC facilities including accessible WC. The office accommodation includes a large open-plan workspace and a separate meeting room / director's office and benefits from suspended ceilings with LED lighting, carpeting, power and networking points, and ceiling-mounted heating/cooling cassettes. High-speed internet is available, with download speeds of up to 1GB/s via radio broadband. Externally, the property offers a forecourt area for loading and unloading adjacent to the access doors. Two staff parking spaces are located to the side of the premises, and a 60-space car park directly opposite is available for fair use. Please Note: photos provided are images taken prior to the current tenants occupation, and do not necessarily represent the current condition. An internal viewing is recommended. LOCATION Earls Colne Business Park occupies an excellent location just 2.5 miles north of the A120 Stansted to Harwich trunk road and 5 miles north of the A12. Colchester, Braintree and Chelmsford are 8, 6 & 15 miles distant respectively. Earls Colne Business Park benefits from a fully landscaped environment, on-site security, CCTV monitoring at the entrance, the Essex Golf Club and Hotel with gym an 9 tennis courts, driving range, and swimming pool & spa. There is also a fully licenced restaurant and bar, an on-site creche and Anglian Flight Centre / airfield which is fully CAA licensed. ACCOMMODATION [Approximate Gross Internal Floor Areas] Warehouse: 11,520 sq ft [1,070.23 sq m] approx. Offices: 1,500 sq ft [139.35 sq m] approx. Reception & Facilities: 1,000 sq ft [92.90 sq m] approx. Total: 14,020 sq ft [1,302.49 sq m] approx. The property additionally benefits from 3,500 sq ft yard space. Please Note: floor plan provided for indicative purposes only, measurements contained should not be relied upon. Interested parties are advised to take their own measurements to ensure the space is suitable for their proposed operations. TERMS The premises are available to let on a new full repairing and insuring lease, lease length and terms to be agreed, at a rent of £120,000 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, water, sewage and site security. The approx. cost for the current year is £5,300 plus VAT. BUSINESS RATES We are advised that the premises have a rateable value, with effect from the 1st April 2023, of £84,500. Therefore estimated rates payable of approximately £46,140 for the current year. Interested parties are advised to make their own enquiries. 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 £TBC plus VAT. ENERGY PERFORMANCE CERTIFICATE [EPC] We have been advised that the premises fall within class C (60) of the energy performance assessment scale. A full copy of the EPC assessment and recommendation report is available from our office upon request. VAT The property is elected to VAT. Prospective tenants should therefore be aware that VAT will be payable at the prevailing rate on the rent and service charge. 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 LETTING AGENTS: Fenn Wright Contact: T: 01206 854545 E: colchestercommercial@fennwright.co.uk
Listing details scraped from www.fennwright.co.uk · refreshed daily · first seen 17 days ago
For this £60,000 listing
£699/mo
Mortgage + estimated bills
Mortgage
£274/mo
90% LTV · 30 yr · 4.5% fixed
Council tax (est.)
£165/mo
Band D — refines at door level
Energy + bills
£260/mo
Energy + broadband + water + insurance
Stamp Duty (first-time buyer)
Nil one-off
Conveyancing + survey + removals
~£3,200 one-off
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