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For Rent£20,000.00 Per Annum

5, North Station Road, Colchester, CO1 1RE

Retail - High Street, Retail , 1615 Sq Ft
Property type: Retail - High Street, Retail
Tenure: To Let
Size: 1615 Sq Ft
Rent: £20,000.00 Per Annum
Location: 5, North Station Road, Colchester, CO1 1RE
LOCATION
The premises are prominently situated fronting North Station Road, a mixed commercial area within Colchester town centre. All major facilities and amenities including public transport (Colchester North Train Station) and car parks are close by.

Adjacent occupiers include; Machine Mart, Coral Bookmakers, One Stop and Dominoes.

DESCRIPTION
The premises benefit from a large glazed frontage (approx. 5.8m) with open plan retail / display area which has a suspended ceiling incorporating lighting and heating / air conditioning unit (not tested).

To the rear of the premises there is a separate access door, an office, a storage area (approx. 3.5 m height) and a toilet.

There are three allocated car parking spaces on site at the rear of the premises.

ACCOMMODATION

Retail Area 955 sq ft 88.7 m
Office Area 100 sq ft 9.3 m
Store 560 sq ft 52 m
Total 1,615 sq ft 150 m

(all figures provided are approximate net internal areas

TERMS
The premises are available to let on a new two year lease, at a rent of £20,000 per annum.

The figures quoted are exclusive of rates and VAT.

SERVICE CHARGE
A service charge is applicable to cover; maintenance the communal areas, lighting, security, car park and landscaping. Approx. cost 2019/20 £922.00.

BUSINESS RATES
We are informed that the rateable value is £19,500. We estimate that the rates payable are likely to be in the region of £9,828 per annum. Interested parties are advised to make their own enquiries with the local rating authority to confirm their liabilities in this direction.

PLANNING
We have been advised that the premises benefits from an A1 (retail) and A3 (restaurant & caf�) planning consent. Interested parties are however advised to make their own enquiries direct with Colchester Borough Council.

ENERGY PERFORMANCE CERTIFICATE (EPC)
We have been advised that the premises fall within class D (91) 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 sole agents:

Newman Commercial - Tel: 01206 85 45 45
Email: mail@newmancommercial.co.uk



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