This property is no longer on the market
Office
Property description & features
- Prestige Third Floor Office Suite with 54 On Site Parking Spaces
- 24 Hour Reception / Security
- Prominent Location
- Raised Access Floors
- Recessed Lighting & VAV Air Conditioning
- Walking Distance to Mainline Rail Station
The Octagon is a substantial landmark office building prominently located fronting the main inner ring road system.
Colchester town centre with all the usual facilities and amenities and the main line railway station (London Liverpool Street approximately 55 minutes) are within easy walking distance.
The A12 and A120 are easily accessible, providing fast journey times to Stansted airport and the East Coast ports.
Description
Suite N is located on the third floor with lift access via the main Octagon entrance where there is 24 hour reception / security and a Café which provides hot and cold beverages for tenants within the building. The suite has VAV air conditioning, suspended ceilings with recessed lighting, raised access and carpeted floors and male, female and disabled toilet facilities. The office is mainly open plan. Directly adjacent there is a multi-storey car park providing approximately 538 car parking spaces of which 54 spaces are specifically allocated to the suite.
Accommodation
(Approximate net internal measurements)
Suite N Approx. 10,248 sq. ft 952m
Terms
The suite is available to let on a new flexible, full repairing and insuring lease, length and terms to be agreed, at a rent of £170,000 per annum.
The figures quoted are exclusive of rates and VAT.
Service Charge
A service charge is levied to cover the costs of heating, air conditioning, security, reception, and cleaning / maintenance and repairs to the common parts and exterior of the building.
Approximate costs for 2019 are £7.00 per sq. ft.
Business Rates
We are informed that the rateable value is £130,000. We estimate that the rates payable are likely to be in the region of £65,520 per annum.
Interested parties are advised to make their own enquiries with the local rating authority to confirm their liabilities in this direction.
Energy Performance Certificate (EPC)
We have been advised that the premises falls within Band C (64) of the energy performance assessment scale.
A full copy of the EPC assessment and recommendation report is available from our office upon request.
VAT
All rents and prices are exclusive of VAT under the Finance Act 1989. Interested parties are advised to consult their professional advisors as to their liabilities, if any, in this direction.
Viewing
Strictly by appointment via joint sole agents:
Fenn Wright
[use Contact Agent Button]
[use Contact Agent Button]
Property information from this agent
Places of interest
Fenn Wright - Colchester Commercial Sales & Lettings
882 Colchester Business Park, The Crescent Colchester Business Park, Colchester CO4 9YQ
See more properties like this:
*DISCLAIMER
Property reference 14869140. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Fenn Wright - Colchester Commercial Sales & Lettings.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.