Retail property (high street) to rent
Property description & features
- Prominent City Centre Retail / Office Premises
- New Lease Available Immediately
- Full Width Display Window, With a Return Frontage
- Suitable For A Variety of Uses (STP)
- Additional Storage Unit Available
- W/C & Tea Point Facilities
Colchester was recently awarded City status during the Platinum Jubilee celebrations, and is the major economic centre in North Essex. Head Street benefits from excellent communication links via the A12 / A120 and is bounded by Ipswich (approx. 18 miles north east), Braintree (approx. 16.5 miles west), and Chelmsford (approx. 24 miles south east).
Colchester has a residential population of approximately 200,000, and an estimated catchment population in the order of 300,000.
Description
The property comprises a prominently located retail / office unit benefitting from a full width display window together with a return frontage to Church Walk.
The property is well suited to a variety of uses to include financial services, recruitment consultancy, estate agency or retail purposes.
There is additional storage unit to the rear offering approx. 352 sq ft of accommodation - available by separate negotiation, further details are available upon request.
Accommodation
(Approximate net internal measurements)
Total Approx. 431 sq ft (40.0 sq m)
Terms
The unit is available to let on a new full repairing and insuring lease, lease length and terms to be agreed, at a rent of £13,250 per annum.
We are advised that VAT is applicable.
Buildings Insurance
The landlord will insure the building, with the costs to be recovered from the tenant. The tenant is to responsible for their own contents and other liability insurances (including the shop front and windows).
Service Charge
We are advised that there is no service charge applicable.
Business Rates
We have been informed that the rateable value is £10,500, with the property currently rated as 'Shop & Premises'.
For rateable values below £12,000, 100% rate relief may be available, subject to availability. We recommend all parties make their own direct enquiries with the local rating authority to confirm their liabilities.
Energy Performance Certificate (EPC)
We have been advised that the premises fall within class D (99) 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.
Legal Costs
Each party will bear their own legal costs.
Viewing
Strictly by appointment via sole agents:
Fenn Wright
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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
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Broadband availability and predicted speed
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Mobile phone signal availability and predicted strength
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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
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