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Port Plaza Port Ln 15,280 sq ft Industrial Property Colchester CO1 2FT For Sale
Investment Highlights
- detached building
- insulated roof
- steel build
Executive Summary
The warehouse has an eaves height of approx. 3.3m and a pitch height of approx. 6.4m. There are two electrically operated loading doors providing access to the warehouse. A large office / workshop area is provided with a suspended ceiling (height approx. 2.7m). The site benefits from a mains gas supply, three phase electricity supply and mains water supply.
Accommodation
(Approximate gross internal measurements)
WarehouseApprox. 9,950 sq ft (924.4 sq m)
Workshop / Offices & FacilitiesApprox.5,330 sq ft(495.2 sq m)
TotalApprox.15,280 sq ft(1,419.6 sq m)
Terms
The premises are available To Let on a new lease, flexible terms to be agreed, at a rent of £90,000 per annum plus VAT.
Alternatively consideration will be given to a freehold sale at £1,900,000 plus VAT.
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 £5,000.
Business Rates
We have been informed that the current rateable value is £58,000, rising to £87,500 with effect from 1st April 2026.
We estimate that the current rates payable are likely to be in the region of £32,190 per annum. (rising to approx. £42,000 from 1st April 2026.)
Interested parties are advised to make their own enquiries with the local rating authority to confirm their liabilities.
Energy Performance Certificate (EPC)
We have been advised that the premises fall within class C (75) of the energy performance assessment scale. A full copy of the EPC assessment and recommendation report is available from our office upon request.
Planning
We are advised that the premises have been used for light industrial purposes for the past twenty plus years with no restrictions on noise or working hours. Interested parties are advised to make their own enquiries direct with the local planning authority.
VAT
We are advised that VAT is applicable on the rent.
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.
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.
Viewing
Strictly by appointment via sole agents:
Fenn Wright
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Property Facts Sale Pending
| Sale Type | Investment or Owner Occupier | Total Plot Size | 1.32 ac |
| Tenure | Freehold/Long Leasehold | Net Internal Area (NIA) | 15,280 sq ft |
| Property Type | Industrial | No. Floors | 1 |
| Property Subtype | Warehouse | Year Built | 1990 |
| Costar Property Class | B | Tenancy | Single |
| Sale Type | Investment or Owner Occupier |
| Tenure | Freehold/Long Leasehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Costar Property Class | B |
| Total Plot Size | 1.32 ac |
| Net Internal Area (NIA) | 15,280 sq ft |
| No. Floors | 1 |
| Year Built | 1990 |
| Tenancy | Single |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
A substantial self contained, fenced & gated (two access points), site totalling approx. 1.3 acres with a concrete / tarmacadum surface providing excellent on site car parking and loading / unloading areas. The premises consist of a detached building of steel frame construction with brick elevations and an insulated roof incorporating transparent roof lights (new roof installed 2016). The premises also feature aluminum double glazed windows (installed 2016). The warehouse has an eaves height of approx. 3.3m and a pitch height of approx. 6.4m. There are two electrically operated loading doors providing access to the warehouse. A large office / workshop area is provided with a suspended ceiling (height approx. 2.7m). The site benefits from a mains gas supply, three phase electricity supply and mains water supply.Accommodation(Approximate gross internal measurements)WarehouseApprox. 9,950 sq ft (924.4 sq m)Workshop / Offices & FacilitiesApprox.5,330 sq ft(495.2 sq m)TotalApprox.15,280 sq ft(1,419.6 sq m)TermsThe premises are available To Let on a new lease, flexible terms to be agreed, at a rent of £90,000 per annum plus VAT.Alternatively consideration will be given to a freehold sale at £1,900,000 plus VAT.Buildings InsuranceThe 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 £5,000.Business RatesWe have been informed that the current rateable value is £58,000, rising to £87,500 with effect from 1st April 2026. We estimate that the current rates payable are likely to be in the region of £32,190 per annum. (rising to approx. £42,000 from 1st April 2026.)Interested parties are advised to make their own enquiries with the local rating authority to confirm their liabilities. Energy Performance Certificate (EPC)We have been advised that the premises fall within class C (75) of the energy performance assessment scale. A full copy of the EPC assessment and recommendation report is available from our office upon request.PlanningWe are advised that the premises have been used for light industrial purposes for the past twenty plus years with no restrictions on noise or working hours. Interested parties are advised to make their own enquiries direct with the local planning authority.VATWe are advised that VAT is applicable on the rent.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 CostsEach party will bear 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. ViewingStrictly by appointment via sole agents: Fenn Wright[use Contact Agent Button][use Contact Agent Button]
| Space | Size | Space Use | Condition | Available |
| Ground | 15,280 sq ft | Industrial | Partial Fit-Out | Now |
Ground
| Size |
| 15,280 sq ft |
| Space Use |
| Industrial |
| Condition |
| Partial Fit-Out |
| Available |
| Now |
Ground
| Size | 15,280 sq ft |
| Space Use | Industrial |
| Condition | Partial Fit-Out |
| Available | Now |
A substantial self contained, fenced & gated (two access points), site totalling approx. 1.3 acres with a concrete / tarmacadum surface providing excellent on site car parking and loading / unloading areas. The premises consist of a detached building of steel frame construction with brick elevations and an insulated roof incorporating transparent roof lights (new roof installed 2016). The premises also feature aluminum double glazed windows (installed 2016). The warehouse has an eaves height of approx. 3.3m and a pitch height of approx. 6.4m. There are two electrically operated loading doors providing access to the warehouse. A large office / workshop area is provided with a suspended ceiling (height approx. 2.7m). The site benefits from a mains gas supply, three phase electricity supply and mains water supply.Accommodation(Approximate gross internal measurements)WarehouseApprox. 9,950 sq ft (924.4 sq m)Workshop / Offices & FacilitiesApprox.5,330 sq ft(495.2 sq m)TotalApprox.15,280 sq ft(1,419.6 sq m)TermsThe premises are available To Let on a new lease, flexible terms to be agreed, at a rent of £90,000 per annum plus VAT.Alternatively consideration will be given to a freehold sale at £1,900,000 plus VAT.Buildings InsuranceThe 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 £5,000.Business RatesWe have been informed that the current rateable value is £58,000, rising to £87,500 with effect from 1st April 2026. We estimate that the current rates payable are likely to be in the region of £32,190 per annum. (rising to approx. £42,000 from 1st April 2026.)Interested parties are advised to make their own enquiries with the local rating authority to confirm their liabilities. Energy Performance Certificate (EPC)We have been advised that the premises fall within class C (75) of the energy performance assessment scale. A full copy of the EPC assessment and recommendation report is available from our office upon request.PlanningWe are advised that the premises have been used for light industrial purposes for the past twenty plus years with no restrictions on noise or working hours. Interested parties are advised to make their own enquiries direct with the local planning authority.VATWe are advised that VAT is applicable on the rent.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 CostsEach party will bear 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. ViewingStrictly by appointment via sole agents: Fenn Wright[use Contact Agent Button][use Contact Agent Button]
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Port Plaza | Port Ln
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