Clarendon Way, Colchester, Essex, CO1 1XF

01206 85 45 45

Established D1 Premises With Very Generous Car Parking

• Substantial Building On Approx. 0.9 Acre Site

• Predominantly Open Plan Layout

• Main Line Railway Station Within Walking Distance

• Close To Wickes & Turner Rise Retail Park

• Very Generous On Site Car Parking, Approx. 90 Spaces

For Sale £1,500,000

12,479 sq. ft (1,157.4 m²)

882 The Crescent, Colchester Business Park, Colchester, Essex, CO4 9YQ

Location

Well located in the centre of Colchester, Essex on

Clarendon Way, accessed via the A134. Approx.

1.5 miles from the A12 trunk road within walking

distance of Colchester Town Centre and

Colchester North Train Station (London Liverpool

St just 50 mins). Nearby occupiers include; Wickes,

Everlast Gym and Childsplay Children's Nursery.

Description

A substantial semi detached premises of steel

frame construction, with brick elevations, and a

tiled roof. Approx. height to the underside of the

steel roof trusses 4m and 5.5m to the underside of

the roof. The accommodation is predominantly

open plan with a restaurant area, kitchen, two party

rooms and a first floor staff room and play area.

Plumbing provisions will be provided for the

installation of W/C’s. The utilities will also require

sub-metering or separate supplies are to be

provided (to be confirmed).

There is very generous onsite parking for around

90 cars.

Accommodation

(Approximate gross internal measurements)

Terms

The premises are to be sold freehold at £1,500,000

plus VAT.

Alternatively the landlord will consider a letting on a

new full repairing lease, lease length and terms to

be agreed, at a rent of £120,000 per annum plus

VAT.

Service Charge

We are advised that there is no service charge

applicable.

Business Rates

We have been informed that the rateable value is

£64,500. We estimate that the rates payable are

likely to be in the region of £32,000 per annum.

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 a

D2 (assembly & leisure) planning consent. The

premises has been used as a Children's Play

Centre for the last 20+ years. Interested parties are

advised to make their own enquiries direct with

Colchester Borough Council.

Energy Performance Certificate (EPC)

A full copy of the EPC assessment and

recommendation report will shortly be 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

Each party will bear their own legal costs involved

within the transaction.

Viewing

Strictly by appointment via sole agents:

Fenn Wright - Jeremy Newman / Michael Moody

Tel: 01206 85 45 45

Email: newman@fennwright.co.uk

Details

Ground Floor Approx. 11,670 sq ft 1,084.2 m²

First Floor Approx. 809 sq ft 75.2 m²

Total Approx. 12,479 sq ft 1,157.4 m²

Note: The floor plan is for indicative purposes and is not to scale or to be relied upon.

fennwright.co.uk Fenn Wright for themselves and for the vendors or lessors of this property whose agents they are give

notice that:

i. The particulars are set out as a general outline for the guidance of intending purchasers or lessees;

and do not constitute, nor constitute part of, an offer or contract.

ii. All descriptions, dimensions, references to condition and necessary permissions for use and

occupation, and other details are given in good faith and are believed to be correct but any

intending purchasers or lessees should not rely on them as statements or representations of fact

but must satisfy themselves by inspection or otherwise as to the correctness of each of them.

iii. The vendor or lessor does not make or give, and neither Fenn Wright nor any person in their

employment has the authority to make or give, any representation or warranty whatsoever in

relation to this property.

iv. All statements contained in these particulars as to this property are made without responsibility on

the part of Fenn Wright or the vendor/lessor.

v. All quoting terms may be subject to VAT at the prevailing rate from time to time.

vi. Fenn Wright have not tested any electrical items, appliances, any plumbing or heating systems and

therefore, cannot give any warranty or undertaking as regards their operation or efficiency.

For further information contact:

newman@fennwright.co.uk

01206 85 45 45

Details Updated: 15.05.20