Caxton Court was developed in the late 1980s and is an estate of six units. The buildings are portal framed with thermoplastic coated profile metal cladding on walls and roof. The offices have suspended tile ceilings with Category II lighting, and domestic style gas central heating. Each unit is served by one or two roller shutter doors.
Caxton Court is on the Severalls Industrial Park, which has direct access to the A12 London to Ipswich dual carriageway, giving easy access to London and the motorway network. Colchester town centre is approx. 3 miles from Caxton Court. The property has been fully refurbished following vacant possession and is partly re-let.
Structure
The property is part of the Scarlet Portfolio. See ‘Scarlet Portfolio’ section for further details.
Asset Management/Value-Add
• In March 2015 the whole property became vacant and a full refurbishment programme was undertaken.
• Concluded negotiation of dilapidations claims from outgoing tenants.
• Units D, E and F (approximately 50% of Caxton Court) have been re-let to DHL.
• Remaining units available; agents Whybrow and Newman Commercial.