No longer on the market
This property is no longer on the market
Floorplan
MapRetail property (high street)
Let agreed
Retail property (high street)
1020
Features and description
- Excellent Frontage to Head Street
- Versatile Open Plan Retail / Office Space
- Full Height & Width Glazed Shopfront
- Access To Shared Courtyard
- Busy And Popular Location With High Foot Traffic
- Suitable for Various Uses (STP)
The property is a mid-terraced ground floor retail unit that offers versatile open-plan retail or office space. A personnel door featuring large shop front windows, with excellent visibility to Head Street, provides access to the unit and allows good levels of natural light. The premises are equipped with LED lighting throughout and W/C facilities. To the rear of the property, there are attractive period features, including a brick stone fireplace.
ACCOMMODATION
[Approximate Net Internal Floor Areas]
Total: 1,021 sq ft [94.85 sq m] approx.
TERMS
The premises are available to let on a new internal repairing and insuring lease, with lease length and terms to be agreed, at a rent of £22,500 per annum (no VAT).
BUILDINGS INSURANCE
The buildings insurance is to be arranged by the landlord with the cost to be recovered from the tenant. For the current year the approximate cost is £900.
Tenants are responsible for their own contents and other liability insurances (including the shop front, windows and glazing).
SERVICE CHARGE
We are advised that there is no service charge.
BUSINESS RATES
We are advised that the premises have a rateable value, with effect from the 1st April 2023, of £19,000.
We therefore estimate rates payable are likely to be in the region of £9,481 for the current year.
Interested parties are advised to make their own enquiries direct with the local rating authority to confirm their liabilities in this regard.
ENERGY PERFORMANCE CERTIFICATE [EPC]
We have been advised that the premises fall within class C (68) of the energy performance assessment scale.
A full copy of the EPC assessment is available upon request.
VAT
We are advised that VAT is not applicable.
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.
VIEWINGS STRICTLY BY APPOINTMENT
VIA SOLE LETTING AGENTS:
Fenn Wright
T:[use Contact Agent Button]
ACCOMMODATION
[Approximate Net Internal Floor Areas]
Total: 1,021 sq ft [94.85 sq m] approx.
TERMS
The premises are available to let on a new internal repairing and insuring lease, with lease length and terms to be agreed, at a rent of £22,500 per annum (no VAT).
BUILDINGS INSURANCE
The buildings insurance is to be arranged by the landlord with the cost to be recovered from the tenant. For the current year the approximate cost is £900.
Tenants are responsible for their own contents and other liability insurances (including the shop front, windows and glazing).
SERVICE CHARGE
We are advised that there is no service charge.
BUSINESS RATES
We are advised that the premises have a rateable value, with effect from the 1st April 2023, of £19,000.
We therefore estimate rates payable are likely to be in the region of £9,481 for the current year.
Interested parties are advised to make their own enquiries direct with the local rating authority to confirm their liabilities in this regard.
ENERGY PERFORMANCE CERTIFICATE [EPC]
We have been advised that the premises fall within class C (68) of the energy performance assessment scale.
A full copy of the EPC assessment is available upon request.
VAT
We are advised that VAT is not applicable.
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.
VIEWINGS STRICTLY BY APPOINTMENT
VIA SOLE LETTING AGENTS:
Fenn Wright
T:[use Contact Agent Button]
Property information from this agent
About this agent
Fenn Wright - Colchester Commercial Sales & Lettings
882 Colchester Business Park, The Crescent
Colchester Business Park, Colchester
CO4 9YQ
01206 988207Commercial 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.