Description
Details -
LOCATION
Stanway, Colchester is served by the A12 trunk road which provides a dual carriageway link to the A120, M11, M25 and A14 road networks and also benefits from being on the mainline between the Capital and Norwich with journey times of approximately 60 minutes to London Liverpool Street station.
Moss Road, Stanway is located approximately 2 miles south-west of the town of Colchester and 1.5 miles east of Tollgate Retail Park and the A12.
Peartree Road, off which Moss Road is located, is a busy retail, trade counter and commercial area with occupiers including the Co-Operative Supermarket and Fuel Filling Station, Halfords, Greggs, Topps Tiles, Anytime Fitness, Jungle Adventure and St. Helena Hospice, Wolseley alongside independent businesses including Davenport’s Kitchen Furniture Shop and Hatfield’s Furniture & Interiors. The property is situated at the far end of Moss Road on the right-hand side with entrance gates opposite Wolseley Plumb & Parts.
DESCRIPTION
The site is approximately 2.42 acres comprising a large, detached workshop/warehouse including canopy storage (12,136 sq. ft.) with ancillary office (2,728 sq. ft.), concrete yard covering an area of circa. 1 acres and the remainder hard standing with some tarmac. Adjacent to the Workshop is a wash down pit which we assume is in a serviceable condition (not tested).
The workshop/warehouse and offices comprise a detached L-shape building of steel portal frame construction and brickwork walls under a pitched insulated asbestos sheet roof with a mixture of double-glazed uPVC windows. Internally the workshop/warehouse and canopy have concrete floors, incorporating two vehicle inspection pits and an apex height of 7.8m and an under eaves height of 5.46m. There are two gas fired blowers for heating in the warehouse which we assume are in working order. There is a gas fired central heating system with radiators installed throughout the offices however we are advised that it is no longer working, and the offices rely on wall mounted air conditioning heating and cooling systems on the ground floor with no alternative provided at the first floor.
ACCOMMODATION
Workshop/Wareouse 866.03m29,322 sq. ft.
Canopy/Store 261.39m22,814 sq. ft.
GF Offices 55.55m2 598 sq. ft.
FF Offices 55.55m2 598 sq. ft.
GF Offices 142.38m21,532 sq. ft.
TOTAL GIA 1,380.90m214,864 sq. ft.
TERMS
The property is available to let by way of a new effective, full repairing and insuring lease for a term of years to be agreed at a passing rent of £165,000 per annum exclusive plus VAT.
OUTGOINGS
The property has a rateable value of £104,000.
Interested parties are advised to make their own enquiries with the Colchester City Council Rates Department.
VAT
The property is not elected for VAT.
LEGAL COSTS
Each party is to be responsible for their own legal fees in relation to any transaction.
VIEWING
Strictly by prior appointment with the sole agents, Nicholas Percival Chartered Surveyors. FAO Tom Noble MRICS
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