Colchester is a thriving commercial centre with approximately 100,000 residents and a catchment approaching 250,000.
The property is situated in a prime position in Colchester town centre, just off Head Street. Notable leisure and retail operators in the immediate area include the Odeon Cinema, Mercury Theatre, Debenhams, Marks & Spencer, Williams & Griffin, H&M to name a few. St Marys multi-storey car park is approximately 100m distant.
The property comprises an extensive A1 end-terrace property arranged over ground, first and second floors. The property benefits from period fixtures and fittings, a well decorated salon area with W.C. facilities and upper floor treatment rooms.
The property is currently fitted throughout with hair and beauty treatment facilities. The ground floor is arranged to include 3 cutting stations, 3 backwash basins a hair dye preparation station and a nail decoration point. The first floor has a further 3 cutting stations, WC & Staff facilities. The second floor comprises of a waxing room, shower facilities and another room currently used for storage.
We understand that mains electricity, water and drainage are connected to the property.
The premises provide the following accommodation and approximate floor areas:
Ground floor 49.46 sq m (532 sq ft)
First floor26.03 sq m (280 sq ft)
Second Floor 20.77 sq m (224 sq ft)
Total 96.26 sq m (1,036 sq ft)
From enquiries with the Local Rating Authority we understand that the premises are assessed as follows:
Rates payable (2019/20) £5,267.50 pa
The majority of prospective tenants are likely to benefit from additional small business rates relief and are advised to contact Colchester Borough Council to confirm this information.
The property is available to let on a new effective full repairing an insuring lease for a minimum term of 5 years at a rent of £20,000 per annum.
Each party will bear their own legal costs involved within the sale.
Strictly by appointment via sole agents:
Tel: 01206 85 45 45
( Agency Pilot Software Ref: 14869223 )