The Octagon is a substantial landmark office building prominently located fronting the main inner ring road system.
Colchester town centre with all the usual facilities and amenities and the main line railway station (London Liverpool Street approximately 55 minutes) are within easy walking distance.
The A12 and A120 are easily accessible, providing fast journey times to Stansted airport and the East Coast ports.
Suite P is located on the fourth floor with lift access via the main Octagon entrance where there is 24 hour reception / security and a Caf� which provides hot and cold beverages for tenants within the building.
The suite has VAV air conditioning, suspended ceilings with recessed lighting, raised access and carpeted floors and male, female and disabled toilet facilities. The office is mainly open plan.
Directly adjacent there is a multi-storey car park providing approximately 538 car parking spaces of which 32 spaces are specifically allocated to the suite.
(Approximate net internal measurements)
Suite PApprox. 6,056 sq ft (562.6 sq m)
The suite is available to let on a new flexible, full repairing and insuring lease, length and terms to be agreed, at a rent of £103,000 per annum plus VAT.
The figures quoted are exclusive of rates and VAT.
A service charge is levied to cover the costs of heating, air conditioning, security, reception, and cleaning / maintenance and repairs to the common parts and exterior of the building.
Approximate costs for the current year are £7.00 per sq. ft.
We are informed that the rateable value is £77,500. We estimate that the rates payable are likely to be in the region of £39,060 per annum.
Interested parties are advised to make their own enquiries with the local rating authority to confirm their liabilities in this direction.
Energy Performance Certificate (EPC)
We have been advised that the premises falls within Band E (118) 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.
Strictly by appointment via joint sole agents:
(Note: Indicative photos (Suite K) to show post refurbished options).
( Agency Pilot Software Ref: 14869593 )