For Sale

16 Moorside Business Park, Moorside, Colchester, CO1 2ZF

Overview

Retail
Property Type

1916 - 1916
sq ft

Description

Location

A self contained business unit of brick/block construction with part insulated clad elevations under a pitched and insulated roof with a full mezzanine floor. There is a double glazed frontage behind an electrically operated loading door which provides access to the ground floor area which is two areas and fitted out to include; slatwall panels, carpets, suspended ceiling with LED lighting, electric wall mounted heaters, WC and tea point. A separate personnel door provides access to the first floor which is predominantly open plan with a single partitioned office area and a WC and tea point. The first floor is carpeted with a suspended ceiling and florescent lighting. We are advised that the premises have a three phase electricity supply, gas supply and mains water supply. There is an 11.25 kw solar system with the a feed in tariff. Further information is available upon request.
There are two car parking spaces demised in the communal car park. There are additional unallocated visitor car parking bays provided on site.

LOCATION
The unit is situated within Moorside Business Park, Eastgates, a mixed commercial and leisure area benefitting from good communications to the city centre and inner ring road system which leads to the A12/A120. Close by is the main line railway station (London Liverpool Street approx. 55 mins).

ACCOMMODATION
[Approximate Gross Internal Floor Areas]

Ground Floor: 960 sq ft [90.3 sq m] approx.
First Floor: 956 sq ft [87.7 sq m] approx.
Total: 1,916 sq ft [178 .0 sq m] approx.

TERMS
The premises are available For Sale Freehold with vacant possession at £225,000 (no VAT).

SERVICE CHARGE
A service charge is applicable to cover; maintenance of the estate communal areas, lighting, security, car park and landscaping. The approx. cost for the current year is £1,000 plus VAT, payable quarterly in advance.

BUSINESS RATES
We have been informed that the rateable value is £12,500. We estimate that the rates payable are likely to be in the region of £6,250 per annum.
For ratable values between £12,000 and £15,000 concessionary rates relief may be available subject to eligibility.
Interested parties are advised to make their own enquiries with the local rating authority to confirm their liabilities.

PLANNING
We are advised that the premises benefit from B1 (offices/R&D/light industrial) / B8 (storage & distribution) planning consent which was granted in 2007. Interested parties are advised to make their own enquiries with the local planning authority.

ENERGY PERFORMANCE CERTIFICATE [EPC]
We have been advised that the premises fall within class C (52) of the energy performance assessment scale. A full copy of the EPC assessment and recommendation report is available from our office upon request.

VAT
We are advised that VAT is not applicable. 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 be responsible for their own legal costs.

ANTI-MONEY LAUNDERING REGULATIONS
Anti-Money Laundering Regulations require Fenn Wright to formally verify prospective purchaser's identity, residence and source of funds prior to instructing solicitors.

VIEWINGS STRICTLY BY APPOINTMENT VIA SOLE SELLING AGENTS:
Fenn Wright
T: 01206 854545
E: colchestercommercial@fennwright.co.uk