Colchester Business Park is located to the north of Colchester directly adjacent to the A12 / A120 interchange which provides excellent access to the UK's major motorway network. Colchester town centre and main line railway station (London Liverpool St approx. 55 mins) is approximately 3 miles distant. Located on the Business Park is Mimosa Restaurant, a newsagents/shop, 5FiVE Juice Bar, Hello Dental and LEJ Hair Gallery. Nearby is a Tesco Supermarket and petrol filling, Fitness4Less Gym and a children's day nursery.
The property comprises a two storey mid terrace office with large double glazed windows overlooking a landscaped courtyard at the front and a rural tree-lined lane to the rear. There is a large entrance lobby with accessible and male / female toilet and stairs to the first floor. The ground floor is an open plan format with a kitchenette area. The first floor is again open plan. A balcony is provided at the rear.
The specification includes with suspended ceilings with recessed LED lighting, gas fired central heating via radiators (not tested), new carpeting and a fire alarm system.
Twelve car-parking spaces are allocated on site within the managed communal car parking area at the front of the building.
(Approximate net internal measurements)
Ground FloorApprox. 1,225 sq ft (113.8 m)
First FloorApprox.1,409 sq ft(130.9 m)
TotalApprox.2,634 sq ft(244.7 m)
The premises are available to let on a new full repairing lease, length and terms to be agreed, at a rent of £48,750 per annum. Rent is payable quarterly in advance. VAT is applicable at the prevailing rate.
Service Charge / Buildings Insurance
A service charge is applicable to cover; maintenance of the estate communal areas, landscaping, lighting and car parking areas and external buildings maintenance.
Approx. cost for the current year is £7,291 plus VAT.
Buildings insurance is to be arranged by the landlord with the cost to be recovered from the tenant. The cost for the current year is approx. £390.00 plus VAT.
We have been informed that the rateable value is £33,250.00.
We estimate that the rates payable are likely to be in the region of £16,750.00 per annum.
Interested parties are advised to make their own enquiries with the local rating authority to confirm their liabilities.
Energy Performance Certificate (EPC)
We have been advised that the premises fall within class C (70) of the energy performance assessment scale.
A full copy of the EPC assessment and recommendation report is 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.
Strictly by appointment via sole agents:
Fenn Wright - Michael Moody
Tel: 01206 85 45 45
( Agency Pilot Software Ref: 14869380 )