Summary - COLTE HOUSE, THRESHELFORDS BUSINESS PARK, INWORTH ROAD CO5 9SE
1 bed 1 bath Office
Rarely available detached unit with immediate rental income and parking.
Total net internal area 5,283 sq ft over ground and first floors
A substantial detached office building occupying 5,283 sq ft across two storeys within Threshelfords Business Park. The ground floor is income-producing, let at £36,500 per annum to June 2027, providing immediate cashflow while the first floor and remaining space offer clear re-letting or owner-occupier potential.
Built in 2008 and specified for modern office use, the building benefits from LED-lit suspended ceilings, glazed partitioning, a passenger lift, 100Mb fibre leased line and 21 marked car parking bays. The site is landscaped with a duck pond and is prominently positioned by the business park entrance with direct access to the A12 and Kelvedon station nearby.
Operational costs and constraints are straightforward: an estimated rates bill around £39,180 pa, a service charge c. £3,620 plus VAT, and VAT will be chargeable on the purchase. The premises sit on a long 999-year ground lease at a peppercorn rent. There is an indicated requirement for roof maintenance which should be factored into short-term capital expenditure plans.
This property suits investors seeking a mixed-income asset with near-term lease expiry on the ground floor or an owner-occupier looking to occupy and let surplus space. Energy performance is strong (EPC B, 42), broadband and mobile connectivity are good, and the park’s low-crime, affluent setting supports professional occupiers.
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