6 King Edward Quay, Colchester, Essex, CO2

The premises are of steel portal frame construction with part brick, part profile steel clad elevations under a pitched roof which incorporates translucent roof lights. The unit benefits from a large loading door providing access to the warehouse area.

A personnel door leads to a lobby / reception area, with kitchenette and W/C facilities, and stairs to two first floor office areas (one of which benefits from shower facilities). A large roller shutter door and additional personnel door provide access to the warehouse area.

Externally, there is on site car parking, plus loading / unloading space.

Accommodation
(Approximate gross internal measurements)
Ground Floor Approx. 1,795 sq ft (166.8 sq m)
First Floor Approx. 585 sq ft (54.3 sq m)
Total Approx. 2,380 sq ft (221.1 sq m)

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 £27,500 per annum.

We are advised that VAT is applicable.

Service Charge
A service charge is applicable to cover; maintenance of the estate communal areas and landscaping.

The approx. cost for the current year £1,610.

Buildings Insurance
The buildings insurance is to be arranged by the landlord with the cost to be recovered from the tenant.

The approx. cost for the current year is £413.

Business Rates
We have been informed that, effective 1st April 2023, the rateable value is £15,000. We therefore estimates that the rates payable are likely to be in the region of £7,485.

We recommend all parties make their own direct enquiries with the local rating authority to confirm their liabilities.

Energy Performance Certificate (EPC)
We have been advised that the premises fall within class E (106) of the energy performance assessment scale.

A full copy of the EPC assessment and recommendation report are available from our office upon request.

VAT
All rents and prices are exclusive of VAT under the Finance Act 1989. Interested parties are advised to consult their professional advisors as to their liabilities, if any, in this direction.

Legal Costs
Prior to the instruction of solicitors the tenant will be required to pay a non-refundable administration fee of £750.00 plus VAT. Each party will otherwise bear their own legal costs involved with this transaction.

Viewing
Strictly by appointment via sole agents:

Fenn Wright