Industrial to let - Duke 162, Montrose Road, Chelmsford, CM2 6TE

<strong>Description</strong><br>The property, is a self-contained detached cross docked distribution warehouse, The property is constructed of steel portal frame and provides a total of 162,306 sq ft (14,766.7 sq m) with two storey offices at the front. The unit benefits from 154 designated car parking spaces in the southern yard area with the secure yard space to the east and west of the unit providing up to 50 Lorry spaces. <br /> <br /> The property benefits from 7.80m (25.6 ft) eaves height to the underside of the haunch in the main bays and then reducing to 5.70m (18.80 ft) in the<br /> loading and dispatching area to the west elevation of the building. <br /> <br /> *An additional 1.58 acres of open storage yard is available by separate negotiations. Contact the lettings agents for more details.<br><br><strong>Lease Terms</strong><br>The unit is available on a new Full Repairing & Insuring (FRI) lease for a term by negotiation which is exclusive of VAT and is to be payable quarterly in advance.<br><br><strong>Business Rates</strong><br>From Internet Enquiries made of the Valuation Office Agency website we understand that from April 2026 the property has a Rateable Value of £975,000. Interested parties are advised to make their own enquiries with the local authority as to the current rates payable.<br><br><strong>EPC</strong><br>B<br><br><strong>Legal Costs</strong><br>Each party will be responsible for their own legal costs incurred in the transaction.<br><br><strong>Anti-Money Laundering</strong><br>In accordance with the latest Anti Money Laundering legislation, the tenant will be required to provide proof of identity and address to the letting agents prior to solicitors being instructed.<br><br>