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Development land for sale - Plot 600, The Crescent, Colchester Business Park, Colchester, CO4 9QQ

Plot 600, Colchester Business Park, Colchester CO4 9QQ

CommercialUK

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Tenure
freehold
Listed
2 days ago

Property Description

<strong>Description</strong><br>The site comprises an irregular shaped parcel of land measuring approx. 3.01 acres (1.22 Ha) fronting The Crescent on Colchester Business Park, which backs onto the slip road of J. 29 of the A12. Colchester Business Park and the adjacent Severalls Industrial Estate is a popular location for businesses in the town with good access to both J28 (Northern Gateway) and Junction 29 (Ipswich Road) of the A12. The purchaser will be required to enter into a Deed with the owner of The Crescent to document the construction of an entrance and access point, as shown in green, onto the Estate Road.<br><br><strong>Services</strong><br>Mains water, electricity and drainage are believed to be available to the boundary of the site. Interested parties are advised to make their own enquiries to the relevant service providers.<br><br><strong>Planning</strong><br>Preliminary planning investigations have identified that the site sits within an established business park which is zoned for employment uses. As such, Subject to Planning, it is considered suitable for Office, Research and Development, and Industrial and Storage Distribution uses. <br /> <br /> Interested parties are advised to make their own enquiries of the Local Planning Authority, Colchester Borough Council.<br><br><strong>Existing Wayleaves, Easements and Rights of Way</strong><br>The site will be sold subject to and with the benefit of all wayleaves,<br /> easements and rights of way, whether or not mentioned in this<br /> marketing brochure.<br><br><strong>Data Room</strong><br>There is a dataroom that will be made available to interested parties.<br><br><strong>Legal Costs</strong><br>Each party to bear their own legal costs<br><br><strong>Service Charge</strong><br>An estate service charge will be levied in respect of the costs of maintaining and managing the common areas. The current rate is £0.29psf.<br><br><strong>Anti Money Laundering</strong><br>In accordance with Anti-Money Laundering regulations, Savills will be required to undertake due diligence on the purchaser and any beneficial owners.<br><br><strong>Method of Sale</strong><br>The site is being marketed by way of an informal tender process, with offers being invited for the Freehold interest on an unconditional or conditional basis.<br><br>
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