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Iceni House Stephenson Rd 10,442 SF Industrial Building Colchester CO4 9QR $1,484,160 ($142.13/SF)
Investment Highlights
- Rare Freehold Opportunity, Ready For Occupation
- Offices & Meeting Rooms
- Warehouse With 5m Eaves & 6.4m Apex
- LED Lighting & Large Loading Door
Executive Summary
A reception area provides access to a mix of offices, WC and kitchenette facilities and a workshop and warehouse space. An electrically operated loading door provides access to the warehouse areas which benefit from three phase power, LED high bay lighting and eaves approx. 5m and apex 6.4m.
Externally there is a fenced forecourt area providing parking for c.25 cars along with a separate loading and unloading area by the loading door.
LOCATION
The property is prominently located on Stephenson Road on the very well established and popular Severalls Industrial Park. Situated adjacent to the A12/A120 interchange providing easy access to Stansted Airport, the East Coast ports of Harwich and Felixstowe, and the national motorway network.
Nearby occupiers include; Edmundson Electrical, Eurocelll, BSS, Crown Paints, Screwfix, Toolstation, AllTrade, Speedy Fixings, and Motorparts Direct.
ACCOMMODATION
[Approximate Gross Internal Floor Areas]
Warehouse 8,468 sq ft[786.73 sq m] approx.
Mezzanine Floor164 sq ft[15.24 sq m] approx.
Offices & Reception1,159 sq ft[107.66 sq m] approx.
WC's & Kitchenette Area651 sq ft [60.5 sq m] approx.
Total 10,442 sq ft [970.13 sq m] approx.
TERMS
The premises are available To Let on a new lease, with terms to be agreed, at a rent of £87,500 pax, plus VAT.
Alternatively the premises are available For Sale Freehold at £1,100,000 plus VAT.
Note: The premises are currently under lease until November 2026. However the premises are not in use and the tenant would welcome an early surrender, subject to contract.
SERVICE CHARGE
We are advised that no service charge is applicable.
BUSINESS RATES
We are advised that the premises are assessed for business rates purposes in conjunction with three adjacent properties (view here), and are yet to be individually assessed. Interested parties are advised to make their own enquiries.
BUILDINGS INSURANCE
The buildings insurance is to be arranged by the landlord with the cost to be recovered from the tenant. For the current year the approximate cost is £TBC plus VAT.
ENERGY PERFORMANCE CERTIFICATE [EPC]
We have been advised that the premises fall within class D (99) 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 will be applicable on the rent or purchase price. All rents and prices are exclusive of VAT under the Finance act 1989.
LEGAL COSTS
Each party is to be responsible for their own legal costs.
ANTI-MONEY LAUNDERING REGULATIONS
Anti-Money Laundering Regulations require Fenn Wright to formally verify a prospective tenants identity, where applicable, prior to the instruction of solicitors.
VIEWINGS STRICTLY BY APPOINTMENT VIA SOLE AGENTS:
Fenn Wright
T:[use Contact Agent Button]
E: [use Contact Agent Button]
Property Facts
| Price | $1,484,160 | Lot Size | 0.42 AC |
| Price Per SF | $142.13 | Rentable Building Area | 10,442 SF |
| Sale Type | Investment | No. Stories | 1 |
| Tenure | Freehold/Long Leasehold | Year Built | 1990 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 1.92/1,000 SF |
| Building Class | B | Clear Ceiling Height | 18’ (5.49 m) |
| Price | $1,484,160 |
| Price Per SF | $142.13 |
| Sale Type | Investment |
| Tenure | Freehold/Long Leasehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 0.42 AC |
| Rentable Building Area | 10,442 SF |
| No. Stories | 1 |
| Year Built | 1990 |
| Tenancy | Single |
| Parking Ratio | 1.92/1,000 SF |
| Clear Ceiling Height | 18’ (5.49 m) |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
A semi-detached building of steel portal frame with brick and insulated steel clad elevations under a pitched and insulated roof.A reception area provides access to a mix of offices, WC and kitchenette facilities and a workshop and warehouse space. An electrically operated loading door provides access to the warehouse areas which benefit from three phase power, LED high bay lighting and eaves approx. 5m and apex 6.4m.Externally there is a fenced forecourt area providing parking for c.25 cars along with a separate loading and unloading area by the loading door.LOCATIONThe property is prominently located on Stephenson Road on the very well established and popular Severalls Industrial Park. Situated adjacent to the A12/A120 interchange providing easy access to Stansted Airport, the East Coast ports of Harwich and Felixstowe, and the national motorway network.Nearby occupiers include; Edmundson Electrical, Eurocelll, BSS, Crown Paints, Screwfix, Toolstation, AllTrade, Speedy Fixings, and Motorparts Direct.ACCOMMODATION [Approximate Gross Internal Floor Areas] Warehouse 8,468 sq ft[786.73 sq m] approx. Mezzanine Floor164 sq ft[15.24 sq m] approx. Offices & Reception1,159 sq ft[107.66 sq m] approx. WC's & Kitchenette Area651 sq ft [60.5 sq m] approx. Total 10,442 sq ft [970.13 sq m] approx.TERMS The premises are available To Let on a new lease, with terms to be agreed, at a rent of £87,500 pax, plus VAT. Alternatively the premises are available For Sale Freehold at £1,100,000 plus VAT.Note: The premises are currently under lease until November 2026. However the premises are not in use and the tenant would welcome an early surrender, subject to contract.SERVICE CHARGEWe are advised that no service charge is applicable. BUSINESS RATES We are advised that the premises are assessed for business rates purposes in conjunction with three adjacent properties (view here), and are yet to be individually assessed. Interested parties are advised to make their own enquiries.BUILDINGS INSURANCEThe buildings insurance is to be arranged by the landlord with the cost to be recovered from the tenant. For the current year the approximate cost is £TBC plus VAT.ENERGY PERFORMANCE CERTIFICATE [EPC] We have been advised that the premises fall within class D (99) of the energy performance assessment scale. A full copy of the EPC assessment and recommendation report is available from our office upon request. VATWe are advised that VAT will be applicable on the rent or purchase price. All rents and prices are exclusive of VAT under the Finance act 1989.LEGAL COSTSEach party is to be responsible for their own legal costs.ANTI-MONEY LAUNDERING REGULATIONS Anti-Money Laundering Regulations require Fenn Wright to formally verify a prospective tenants identity, where applicable, prior to the instruction of solicitors. VIEWINGS STRICTLY BY APPOINTMENT VIA SOLE AGENTS:Fenn WrightT:[use Contact Agent Button]E: [use Contact Agent Button]
| Space | Size | Space Use | Condition | Available |
| Ground | 10,442 SF | Industrial | - | 30 Days |
Ground
| Size |
| 10,442 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| 30 Days |
Ground
| Size | 10,442 SF |
| Space Use | Industrial |
| Condition | - |
| Available | 30 Days |
A semi-detached building of steel portal frame with brick and insulated steel clad elevations under a pitched and insulated roof.A reception area provides access to a mix of offices, WC and kitchenette facilities and a workshop and warehouse space. An electrically operated loading door provides access to the warehouse areas which benefit from three phase power, LED high bay lighting and eaves approx. 5m and apex 6.4m.Externally there is a fenced forecourt area providing parking for c.25 cars along with a separate loading and unloading area by the loading door.LOCATIONThe property is prominently located on Stephenson Road on the very well established and popular Severalls Industrial Park. Situated adjacent to the A12/A120 interchange providing easy access to Stansted Airport, the East Coast ports of Harwich and Felixstowe, and the national motorway network.Nearby occupiers include; Edmundson Electrical, Eurocelll, BSS, Crown Paints, Screwfix, Toolstation, AllTrade, Speedy Fixings, and Motorparts Direct.ACCOMMODATION [Approximate Gross Internal Floor Areas] Warehouse 8,468 sq ft[786.73 sq m] approx. Mezzanine Floor164 sq ft[15.24 sq m] approx. Offices & Reception1,159 sq ft[107.66 sq m] approx. WC's & Kitchenette Area651 sq ft [60.5 sq m] approx. Total 10,442 sq ft [970.13 sq m] approx.TERMS The premises are available To Let on a new lease, with terms to be agreed, at a rent of £87,500 pax, plus VAT. Alternatively the premises are available For Sale Freehold at £1,100,000 plus VAT.Note: The premises are currently under lease until November 2026. However the premises are not in use and the tenant would welcome an early surrender, subject to contract.SERVICE CHARGEWe are advised that no service charge is applicable. BUSINESS RATES We are advised that the premises are assessed for business rates purposes in conjunction with three adjacent properties (view here), and are yet to be individually assessed. Interested parties are advised to make their own enquiries.BUILDINGS INSURANCEThe buildings insurance is to be arranged by the landlord with the cost to be recovered from the tenant. For the current year the approximate cost is £TBC plus VAT.ENERGY PERFORMANCE CERTIFICATE [EPC] We have been advised that the premises fall within class D (99) of the energy performance assessment scale. A full copy of the EPC assessment and recommendation report is available from our office upon request. VATWe are advised that VAT will be applicable on the rent or purchase price. All rents and prices are exclusive of VAT under the Finance act 1989.LEGAL COSTSEach party is to be responsible for their own legal costs.ANTI-MONEY LAUNDERING REGULATIONS Anti-Money Laundering Regulations require Fenn Wright to formally verify a prospective tenants identity, where applicable, prior to the instruction of solicitors. VIEWINGS STRICTLY BY APPOINTMENT VIA SOLE AGENTS:Fenn WrightT:[use Contact Agent Button]E: [use Contact Agent Button]
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Iceni House | Stephenson Rd
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