No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Offers in region of£325,000 | 1,185 sq ft
Added > 14 days

Office for sale

Aster House, Lanswoodpark, Elmstead Market, Colchester, Essex, CO7
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Office
0 bed
0 bath
1,185 sq ft / 110 sq m

Property description & features

  • New Build High Specification Offices
  • LED Recessed Lighting & High Speed Broadband
  • Raised Access Floors
  • Air Sourced Air Conditioning & Heating
  • Generous On Site Car Parking
  • Easy Access to A120
Lanswoodpark comprises three new detached two storey buildings on site.

Aster House is built to a high standard of specification to include; clad and rendered elevations, double glazed aluminium windows and doors, suspended ceilings with recessed LED lighting, air sourced air conditioning and ventilation, raised access floors, fire alarm systems, kitchenettes & W/C facilities.

The ground floor offices benefit from their own private personnel doors, whilst access to the first floor offices are via a communal personnel door at ground level, with stairway and lift access to the first floor suites.

Externally, there are allocated car parking spaces for each suite, plus ample additional visitor parking available on site. Additional allocated spaces are available by negotiation.

There is also an on-site café.

Accommodation
Requirements from approx. 1,185 sq ft net internal can be accommodated. Each building is circa 9,860 sq ft with 4,930 sq ft per floor. Offices to be handed over in an open plan layout ready for the tenants / owners fit out. Prices available upon request.

Terms
The offices are available for sale on 199-year ground leases at an initial peppercorn rent. Prices as outlined above (subject to contract).

Alternatively the offices are available to let on new full repairing and insuring leases, lease length and terms to be agreed. Rents as outlined above (subject to contract).

We are advised that VAT will be applicable.

Service Charge
A service charge is applicable to cover the costs of the maintenance and repair of the external communal areas, exterior lighting, security, car park and landscaping.
Approx. cost for the current year is £TBC per sq ft.

Buildings Insurance
This will be arranged by the landlord with the cost to recovered from the occupiers of the building.

VAT
We have been advised that VAT is applicable on the rent and purchase price.
Interested parties are advised to consult their professional advisors as to their liabilities, if any, in this direction.

Business Rates
The available offices are still pending individual assessments.
However, based on assessments for other offices within Aster House, rateable values are likely to be in the region of £12.50 - £16.50 per sq ft, therefore rates payable likely to be in the region of £6.20 - £8.20 per sq ft 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 offices fall within classes A & B (24-27) of the energy performance assessment scale.
The EPC assessments and recommendation reports are available from our office upon request.

Viewings Strictly By Appointment Via Sole Agents:

Fenn Wright
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Property information from this agent

Places of interest

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    Commercial Agency, Estate Agents and Letting Agents Our Colchester Business Park office is home to our North Essex Commercial agency team who specialise in the sale, letting and acquisition of commercial premises. The office is headed up by Michael Moody, who joined Fenn Wright alongside Jeremy Newman in 2017, following the acquisition of Newman Commercial. The focus of this office is on the sale and letting of industrial, office and retail spaces across North Essex and the provision of expert advice to support requests for formal valuations, rent reviews, strategic asset management and development decisions. Together with our commercial property valuation team, who operate out of our nearby Stanway office, Fenn Wright offer unrivalled knowledge and exposure to the commercial property market within Colchester and the surrounding area.

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    *DISCLAIMER

    Property reference 14868377FH. 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.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.