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No longer on the market

This property is no longer on the market

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Office

Office
983
Added > 14 days

Features and description

  • First Floor Office Premises In A Marina Setting
  • Meeting Room & Separate Office
  • Air Conditioning & Radiators
  • Four On Site Car Parking Spaces
  • Superb Location Within A Marina Setting
  • Café / Restaurant Located Onsite
  • Easy A14 / A12 Access & Quick Town Centre Access
The office accommodation is at first floor level and provides a mix of open plan space and separate meeting rooms / office areas, a kitchenette and WC facilities. A plastered ceiling features surface mounted lighting and recessed air conditioning cassettes.

We are advised that Fibre internet is connected providing average speeds of approx. 55 mbs.

There are four car parking spaces provided on site. Further spaces may be available subject to agreement.

Note: The premises are available for occupation from April 2023.

Accommodation
(Approximate net internal measurements)
Approx. - 983 sq ft (91.34 sq m)

Terms
The premises are available to let on a new lease, terms and lease length to be agreed, at a rent of £17,750 per annum.

We are advised that VAT is applicable.

Service Charge / Buildings Insurance
There is a service charge applicable which covers three elements;

1, The site service charge which includes; water rates, waste removal, pest control, site security, roadways and carparks lighting and maintenance, and grounds maintenance.  

2, The building services element which includes; electrical testing, fire alarm / fire fighting equipment, external building repair & maintenance, external window cleaning maintenance and air conditioning maintenance.

3. There is also a sinking fund and management charge.

Approx. cost for the current year £2,640.

The buildings insurance is arranged by the landlord with the cost to be recovered from the tenant. Approx. cost for the current year is £215.

Business Rates
We have been informed that the office is pending an assessment. Based on the ground floor office, which is a similar size, we estimate the rateable value to be in the region of £11,400.

For rateable values below £12,000, 100% rate relief may be available, subject to eligibility. Interested parties are advised to make their own enquiries with the local rating authority to confirm their liabilities.

Energy Performance Certificate (EPC)
A full copy of the EPC assessment and recommendation report will soon be 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 agents:

Fenn Wright
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Property information from this agent

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About this agent

Fenn Wright - Colchester Commercial Sales & Lettings
Fenn Wright - Colchester Commercial Sales & Lettings
882 Colchester Business Park, The Crescent Colchester Business Park, Colchester CO4 9YQ
01206 988207
Full profileProperty listings
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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