Cunningham Edwards Partnership

Property:Investment
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 Threshelfords Business Park, Inworth Road, Feering, Colchester, Essex CO5 9SE

 Description
The investment properties for sale comprise Unit 2 and Unit 3 Threshelfords Business Park. The buildings adjoin each other – Unit 2 is part single storey (built 1988 – brick and tile) and part two storey (heavy timber framed and weatherboarding under a pitched modern slate roof). Unit 3 is part modern brick and tile part timber frame with weatherboard cladding under a pitched slate roof.
 Location
Town: Colchester
County: Essex
Postcode: CO5 9SE
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 Price
£549,950
 Location
Feering is situated immediately off the A12, midway between Witham and Colchester. On entering the Village of Feering along the London Road B1024 from Colchester turning left into Inworth Road B1023, Threshelfords Business Park will be found a quarter of a mile from the Village Centre on the left hand side.
There is a main line Railway Station at Kelvedon to London Liverpool Street, 51 minutes, drive time to Kelvedon Station, 5 minutes.
Threshelfords Business Park has been developed since the late 1980’s and is set in grounds of a Victorian House comprising approximately 14 businesses of various single storey and two storey premises. The existing Tenants on the Estate include The Environmental Agency, Granville Group, Trident Limited, and Oval Insurance Group.
 Description
The investment properties for sale comprise Unit 2 and Unit 3 Threshelfords Business Park. The buildings adjoin each other – Unit 2 is part single storey (built 1988 – brick and tile) and part two storey (heavy timber framed and weatherboarding under a pitched modern slate roof). Unit 3 is part modern brick and tile part timber frame with weatherboard cladding under a pitched slate roof.
 Accommodation
Unit 3/3A Ground Floor, 1,000 sq ft sub-divided into two rooms with night storage heating.

First Floor, 1,000 sq ft benefiting from air conditioning.

Unit 3B Arranged on ground and first floor with night storage heating totalling 1,205 sq ft.

All offices have the benefit of dado trunking.

TENANCY Unit 2, is let to The Environmental Agency on a full Repairing and Insuring basis with lease expiry 1st April 2014. The current rent being paid is £17,800 per annum.

Unit 3 is let in two parts.

Unit 3/3A Ground and first floor totalling 2,000 sq ft, let to G Knight and M Woolard trading as Training 2 Care, for a term of six years commencing 1st January 2011 at a rental of £16,000 per annum on an effectively Full Repairing and Insuring basis. Lease is contracted outside the Landlord and Tenant Act.

Annual rent increase linked to RPI.


Suite 3B Ground and first floor totalling 1,200 sq ft, let to Protea Security Limited at a rental of £10,000 per annum with Lease expiry of 1st February 2016 on an effectively Full Repairing Insurance basis. Lease is contracted outside the Landlord and Tenant Act. Annual rent increase linked to RPI with an option to break.
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Created: 04/03/2011 12:11:50

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