1 Lancaster Way, Earls Colne Business Park

£110,000.00 / To Let
Address: Earls Colne Business Park, Earls Colne, Colchester, CO6 2NS

Property Description

High Quality Industrial / Warehouse Premises –

Undergoing Extensive Refurbishment –
Newly Fitted W/C’s, Kitchenette & Offices –
Three Loading Doors –
LED Lighting –
Height to Eaves 4.2m (6.9m to pitch) –
High Speed Broadband Available –
Ample on Site Car Parking

LOCATION
Lancaster Way is located on Earls Colne Business Park along the B1024 Coggeshall Road, approximately 2.5 miles south of the village of Earls Colne, 6 miles east of Braintree, 12 miles west of Colchester and 60 miles north east of London, via the A120 and A12 trunk road or the M11 motorway. Marks Tey Rail Station is approximately 7 miles south west via the A120.

The Business Park is set within secure grounds, shared with The Essex Golf, Hotel and Country Club and Earls Colne Airfield and Business Park. Other occupiers of the Business Park include Moving Made Easy, Executor Solutions, Vislink, Baxters and Cammack.

DESCRIPTION
A newly refurbished Warehouse unit constructed of a steel portal frame beneath an insulated composite pitched roof, brick and block insulated cavity wall with additional insulated composite panelled elevations incorporating aluminium double-glazed windows and aluminium doors. the main warehouse area, accessed via two large roller shutters doors benefits from a newly finished and painted floor, LED lighting. The height to underside of eaves in the main warehouse measures 4.2m with an APEX measuring approximately 6.9m 
 
A separate personnel entrance provides access to the reception area, leading on to a newly fitted kitchen and staff room and ample WC facilities. The offices comprise of a large open plan area as well as further meeting rooms or individual offices. the offices benefit from suspended ceiling with inset LED lighting, carpet tiles throughout, heating and cooling via ceiling mounted cassettes and 100 mb radio broadband available.
 
Externally there is forecourt and loading / unloading areas. Staff and visitor car parking is available with the demise, with a further 60 space estate car park available directly opposite for fair use.

ACCOMMODATION
(Approximate gross internal measurements)

Warehouse 11,517 sq ft (1,070 sq m)
Stores 474 sq ft (44 sq m)
Offices & Facilities 2,034 sq ft (189 sq m)
Total 14,025 sq ft (1,303 sq m)

TERMS
Available to let on a new full repairing and insuring lease, lease length and terms to be agreed, at a rent of £110,000 per annum. VAT is applicable at the prevailing rate.

OUTGOINGS
We have been informed that the premises are yet to be individually reassessed for business rates purposes. Based on the existing rateable value we would guesstimate the new rateable value to be in the region of £70,000 - £80,000.

Interested parties are advised to make their own enquiries with the local rating authority to confirm their liabilities.

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
Each party will bear their own legal costs.

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. Approx. cost for the current year is to be confirmed.

VIEWING
Strictly by prior appointment with the sole agents Nicholas Percival Chartered Surveyors.
Tel. 01206 563222
Email: info@nicholaspercival.co.uk
Ref. C.5477

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