Commerce Way 22,070 SF 100% Leased Industrial Building Colchester CO2 8HR $899,186 CAD ($40.74 CAD/SF)

AVAILABLE FOR SALE FREEHOLD - (NO VAT) - Light Industrial / Warehouse Unit With Offices, Mezzanine & Parking.

The unit is of steel portal frame construction with part brick and part steel clad elevations beneath a pitched and insulated roof incorporating translucent roof lights. The warehouse provides an eaves height of approx. 5.19m, rising to an apex of approx. 7.27m, and is accessed via two large roller shutter loading doors (approx. 4.1m wide by 4.9m high). Additional access is provided via a personnel door on the front elevation.

Internally, the accommodation offers a range of cellular offices, a mezzanine floor, high bay lighting and three-phase power supply. The office areas are carpeted throughout and benefit from additional amenities including kitchenette facilities, and separate WC and shower facilities.

Externally, the unit provides space for loading and unloading, along with approx. three car parking spaces. To the rear, there is an additional outside area currently used for container storage, which could alternatively be repurposed to provide further parking if required.

LOCATION
The property is prominently situated on Commerce Way (visible from Whitehall Road) within the popular Whitehall Industrial Estate, approximately two miles to the South of Colchester City Centre. Good access is available to the inner ring road system which links directly to the A12 / A120, providing easy access to the East Coast ports of Harwich and Felixstowe and Stansted Airport.

ACCOMMODATION
[Approximate Gross Internal Floor Areas]

Ground Floor Warehouse: 1,696 sq ft [157.56 sq m] approx.
GF Offices / Facilities: 1,674 sq ft [155.52 sq m] approx.
Mezzanine: 1,748 sq ft [162.39 sq m] approx.
Total: 5,118 sq ft [475.47 sq m] approx.

TERMS
The premises are available For Sale freehold, with offers invited in excess of £495,000 (no VAT).

SERVICE CHARGE
We are advised that there is no service charge applicable, however we are advised that all occupiers of Commerce Way have an undocumented agreement to contribute to any necessary road repairs.

BUSINESS RATES
We are advised that the premises have a rateable value, with effect from the 1st April 2026, of £40,250. We estimate that the rates payable are therefore likely to be in the region of £17,388 per annum.

Interested parties are advised to make their own enquiries with the local rating authority to confirm their liabilities.

UTILITIES
The water supply to the unit is provided from a neighbouring property (Unit 4), and invoiced on a quarterly / monthly basis to the occupiers of Unit 6C (based on a sub-meter reading).

A gas supply was previously available, accessed via a neighbouring property (Unit 6A), and invoiced on a monthly / quarterly basis to the occupiers of Unit 6C (based on a sub-meter reading). The gas supply, at present, has been capped off.

ENERGY PERFORMANCE CERTIFICATE [EPC]
We have been advised that the premises fall within class E (103) of the energy performance assessment scale.

A full copy of the EPC assessment is available from our office upon request.

VAT
We are advised that the property is not elected to VAT.

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

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