The development is situated on the northern side of the A120 in Marks Tey some 8 miles to the west of Colchester town centre and benefits from excellent road and rail communications. The A120 links with the coastal port of Harwich to the east and both Stansted Airport and the M11 to the west. Both the north and southbound carriageways of the A12 are immediately accessible as is the Marks Tey mainline railway station providing a direct route to London's Liverpool Street.
The office accommodation is self-contained, open plan and provided over two floors. There is an accessible W/C and kitchenette on the ground floor. The high specification includes; lighting, carpeting, floor boxes and perimeter trunking for data and power. Wall mounted units provide heating and cooling.
There are five allocated car parking spaces plus shared visitor spaces on site.
(Approximate gross internal measurements)
Approx. 1,482 sq ft (137.7 sq m)
The premises are available to let by way of an assignment of the existing lease which is to expire Feb 2025 and features a tenant only break option in February 2023. The current passing rent is £26,100 per annum, payable quarterly in advance.
Consideration will be given to a sub-lease of the whole.
Subject to terms and covenant the landlord may give consideration to a new letting of the whole.
Service Charge / Buildings Insurance
An annual service charge is applicable and covers the repair and maintenance of all of the communal areas and facilities. Approx. cost for the current year of £2.50 per sq ft.
Tenants will be required to reimburse the landlords the full cost of buildings insurance cover.
We have been informed that the rateable value is £16,500.
We estimate that the rates payable are likely to be in the region of £8,100 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 (64) of the energy performance assessment scale.
A full copy of the EPC assessment and recommendation report is available from our office upon request.
We are advised that VAT is applicable at the prevailing rate.
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:
01206 85 45 45
( Agency Pilot Software Ref: 14869531 )