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Agent's details

Unit 5, Headgate Buildings, Sir Isaac's Walk, Colchester, Essex, CO1

To rent: £15,000.00 Per Annum|411 Sq Ft|Office, Retail - High Street, Offices, Retail

Property details

TO RENT£15,000.00 Per Annum
SIZE411 Sq Ft
ADDRESSUnit 5, Headgate Buildings, Sir Isaac's Walk, Colchester, Essex, CO1
TYPEOffice, Retail - High Street, Offices, Retail
TENURETo Let
POSTED ON18th October 2021

Description

The retail building is a self-contained unit set over two floors, and has recently undergone sub-division and a full restoration to include electric, heating and cooling system, and new W/C facilities.

The ground floor area is open plan with large shop front windows, with stairways to the rear of the premises leading to the first floor, where there are W/C facilities and ancillary staff/storage space.

Accommodation
(Approximate net internal measurements)
Unit 5
Ground FloorApprox.305 sq ft(28.38 sq m)
First FloorApprox.106 sq ft(9.9 sq m)

Buildings Insurance
The buildings insurance is to be arranged by the landlord with the cost to be recovered from the tenant. The approx. cost for the current year is £TBC.

Service Charge
A service charge is applicable. The approx. cost for the current year £TBC.

Business Rates
We have been informed that the premises currently is jointly assessed with the neighbouring property (unit 6), with a combined rateable value of £18,250.

New tenants will be required to contact the Colchester Borough Council Business Rates department directly upon occupation in order to have the units individually assessed, and to confirm their liabilities.

For rateable values below £12,000, 100% rate relief may be available, subject to eligibility. We recommend all parties make their own direct enquiries with the local rating authority.

Energy Performance Certificate (EPC)
We have been advised that both units fall within class D (85) of the energy performance assessment scale.

A full copy of the EPC assessment and recommendation report is available from our office upon request.

Terms
The premises is available to let on a new internal repairing and insuring lease, for a minimum 3 year term, at a commencing rent of £15,000 per annum.

VAT
We have been advised that the property is not elected to VAT, however the landlord reserves the right to elect the property to VAT at any time.

Legal Costs
Each party will bear their own legal costs.

Viewing
Strictly by appointment via sole agents:

Fenn Wright
01206 85 45 45
fennwright.co.uk
colchestercommercial@fennwright.co.uk

( Agency Pilot Software Ref: 14869643 )

Location

marker
Location: Unit 5, Headgate Buildings, Sir Isaac's Walk, Colchester, Essex, CO1

Colchester Town (0.3 miles)

Colchester (0.9 miles)

Hythe (1.2 miles)

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