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Agent's details

Midland House, 26 North Station Road, Colchester, Essex, CO1

For sale: £1,750,000.00|11,403 Sq Ft|Office, Offices

Property details

FOR SALE£1,750,000.00
SIZE11,403 Sq Ft
ADDRESSMidland House, 26 North Station Road, Colchester, Essex, CO1
TYPEOffice, Offices
TENUREUnder Offer, For Sale Freehold
POSTED ON24th October 2021

Description

The property comprises a detached, circa 1980's, three storey office building with brick elevations with a slate mansard and flat roof. A reception area provides access to the building with stairs and lift access to the first and second floors. Male and female W/C facilities are provided on each floor. The accommodation provides a mix of open plan and cellular office space with good natural light and heating and cooling in part only (not tested). The ground floor is currently configured as a banking hall with associated support offices, meeting rooms and strong room.

There is a large self contained car park to the rear of the property accessed via Victoria Chase with a barrier for security. There is parking for approximately 30 plus cars or more if double parked.

Accommodation
(Approx. net internal areas excluding reception, stairs and toilets)
Ground FloorApprox. 3,800 sq ft353.0 sq m
First FloorApprox.3,945 sq ft366.5 sq m
Second FloorApprox.3,658 sq ft339.8 sq m
TotalApprox.11,403 sq ft1,059.3 sq m

Terms
The premises are for sale freehold, offers requested in excess of £1,750,000. (Title no: EX377392).

Business Rates
We have been informed that the rateable value is £122,500. We estimate that the rates payable are likely to be in the region of £62,720 per annum. Interested parties are advised to make their own enquiries with the local rating authority to confirm their liabilities.

Planning
We are advised that the premises benefit from longstanding B1 Office and A2 Financial and Professional Services uses. Interested parties are advised to make their own enquiries direct with the local planning authority.

Energy Performance Certificate (EPC)
We have been advised that the premises fall within the following classes of the energy performance assessment scale: Ground Floor - C (66); First Floor - C (70); Second Floor - D (78). Full copies of the EPC assessments and recommendation reports are available from our office upon request.

VAT
We are advised that VAT will not be applicable.

Legal Costs
Each party will bear their own legal costs.

Anti-Money Laundering Regulations
Anti-Money Laundering Regulations require Fenn Wright to formally verify prospective purchaser's identify, residence and source of funds prior to instructing solicitors.

Viewing
Strictly by appointment via sole agents:
Fenn Wright
01206 85 45 45
fennwright.co.uk
colchestercommercial@fennwright.co.uk

( Agency Pilot Software Ref: 14869675 )

Location

marker
Location: Midland House, 26 North Station Road, Colchester, Essex, CO1

Colchester (0.4 miles)

Colchester Town (0.7 miles)

Hythe (1.6 miles)

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