The premises are prominently situated fronting St Johns Street, a mixed commercial area, within Colchester town centre.
The premises feature an electrically operated security shutter which protects an attractive recessed and fully glazed entrance door which leads into the retail area which is stylishly finished with a tiled floor, recessed spot lights and attractively finished stairs with glazed returns leading to a raised area to the rear. Stairs lead down to a lower level where there are two separate offices, a kitchen with sink / drainer and breakfast bar and a large restricted height storage area. The premises have lighting, gas central heating, part air conditioning and tile and oak flooring with carpets in the lower level. The offices have Cat 5 computer wiring, telephone sockets and a fire alarm. Externally there is a courtyard to the rear with side access.
(Approximate net internal measurements)
Ground Floor Retail / Office695 sq ft64.6m
Lower Level Rear Office172 sq ft16.0m
Kitchen 52 sq ft 4.8m
Office 2 66 sq ft 6.1m
Basement (height of 1.35m) 203 sq ft18.9m
Total area 1,188 sq ft110.4m
The premises are available to let on a new lease, length and terms to be agreed, at a rent of £17,500 per annum. Alternatively, the premises are For Sale Freehold at £230,000 (no VAT).
We have been advised that the premises have a rateable value of £13,250, which provides rates payable of approx. £6,500 per annum. Some businesses may be eligible for small business rate relief.
Interested parties are advised to make their own enquiries with the local rating authority to confirm these figures.
The premises are currently being used as a hairdressers which falls within Class A1 (Retail) of the use classes order. For other uses a change of use application may be required.
For further information please speak directly to Colchester Borough Councils Planning Department. 01206 282300
Energy Performance Certificate (EPC)
We understand the building has been assessed and falls within band B (47). A full copy of the EPC is available upon request.
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.
Strictly by appointment via sole agents:
Fenn Wright - Michael Moody
Tel: 01206 85 45 45
( Agency Pilot Software Ref: 14869219 )