Well located in the centre of Colchester, Essex on Clarendon Way, accessed via the A134. Approx. 1.5 miles from the A12 trunk road within walking distance of Colchester Town Centre and Colchester North Train Station (London Liverpool St just 50 mins). Nearby occupiers include; Wickes, Everlast Gym and Childsplay Children's Nursery.
A substantial semi detached premises of steel frame construction, with brick elevations, and a tiled roof. Approx. height to the underside of the steel roof trusses 4m and 5.5m to the underside of the roof. The accommodation is predominantly open plan with a restaurant area, kitchen, two party rooms and a first floor staff room and play area. Plumbing provisions will be provided for the installation of W/C's. The utilities will also require sub-metering or separate supplies are to be provided (to be confirmed).
There is very generous onsite parking for around 90 cars.
(Approximate gross internal measurements)
Ground FloorApprox. 11,670 sq ft (1,084.2 sq m)
First FloorApprox.809 sq ft(75.2 sq m)
TotalApprox.12,479 sq ft(1,157.4 sq m)
The premises are to be sold freehold at £1,500,000 plus VAT.
Alternatively the landlord will consider a letting on a new full repairing lease, lease length and terms to be agreed, at a rent of £120,000 per annum plus VAT.
We are advised that there is no service charge applicable.
We have been informed that the rateable value is £64,500. We estimate that the rates payable are likely to be in the region of £32,000 per annum. Interested parties are advised to make their own enquiries with the local rating authority to confirm their liabilities.
We are advised that the premises benefit from a D2 (assembly and leisure) planning consent. The premises has been used as a Children's Play Centre for the last 20+ years. Interested parties are advised to make their own enquiries direct with Colchester Borough Council.
Energy Performance Certificate (EPC)
A full copy of the EPC assessment and recommendation report will shortly be available from our office 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.
Each party will bear their own legal costs involved within the transaction.
Strictly by appointment via sole agents Fenn Wright.
( Agency Pilot Software Ref: 14869269 )