A FINE GRADE II LISTED GEORGIAN BUILDING SITUATED IN THE PROFESSIONAL DISTRICT OF COLCHESTER ARRANGED ON GROUND AND FIRST FLOORS, STORAGE AT SCEOND FLOOR PLUS A CELLAR.
14 ONSITE CAR PARKING SPACES
Location & Situation
The premises are located in Colchester, a major economic centre, Colchester being the largest town in Essex situated in the north of the County and benefits from excellent communication links via the A12/A120 and is bounded by Ipswich approximately 18 miles to the north east and Braintree 16.5 miles and Chelmsford 24 miles to the west and south east respectively. Colchester has a residential population of approximately 200,000 and an estimated catchment population in the order of 300,000. The catchment population includes towns such as Harwich and Clacton on Sea which have significantly increased in size over the last 15 years and is anticipated to show above average population growth over the next five years.
The property is located 30 yards north of Colchester Town Centre on North Hill an established Professional district of Colchester. To the rear of the property is car parking which can accommodate 14 cars.
A substantial timber framed building arranged on ground, first and second floors with an attractive Georgian style brick façade to front elevation situated in Colchester Town Centre. Internally the walls have plastered finishes and in the reception area to the front there is elaborate cornicing and decorative plasterwork to the ceiling with a Georgian rear door with fanlight over. Internally the premises are arranged as offices on ground and first floor.
Ground Floor: 1,290 sq. ft.
First Floor: 1,517 sq. ft.
Second Floor (storage): 553 sq. ft.
Cellar: 330 sq. ft.
To let on a new FRI lease at a rental of £40,000 per annum exclusive.
Consideration will be given for the freehold sale of the property at a price of £650,000 subject to contract.
Both exclusive of VAT
Rateable Value The property is described and assessed as offices with a Rateable Value of £37,000
Legal Fees Each party is to bear their own legal costs in connection with any transaction.
EPC The property does not currently have an EPC Certificate.
Viewing Strictly by prior appointment with the sole agent Nicholas Percival:
Tel: 01206 563222 E: email@example.com Ref: C1097