This property is no longer on the market
Office
Property description & features
- Tenure: Freehold
- Two Storey Detached Office Building
- Prominent Roadside Frontage
- On Site Car Parking Spaces
- Separate Offices / Meeting Rooms
- Tea Points & W/C Facilities
- Established & Popular Business Location
- Easy A12 / A120 Access
On the ground floor, a fully glazed personnel door leads to an entrance lobby, with reception / waiting area (with a tea point facility) leading to a mixture of open plan and cellular office space.
A single staircase leads to the first floor, which benefits from a mixture of open plan and cellular office space, W/C facilities and a tea point.
Externally, there are approx. 4 parking spaces in front of the office, with space for a further minimum 3 cars to the side (potentially further if double parked).
There is also a small area to the rear, with a shed.
Accommodation
(Approximate Net Internal Area):
Ground Floor Approx. 1,070 sq. ft (99.4 sq. m)
First Floor Approx. 928 sq. ft (86.2 sq. m)
Total Approx. 1,998 sq. ft (185.6 sq. m)
Terms
The premises are available for sale freehold with vacant possession, at a guide price of £370,000 (no VAT).
Alternatively, the premises are available to let on a new full repairing and insuring lease, lease length and terms to be agreed, at a rent of £25,000 per annum.
We are advised that VAT is not applicable.
Buildings Insurance
The buildings insurance is to be arranged by the landlord with the cost to be recovered from the tenant. The tenant is to be responsible for their own contents and other liability insurances.
Service Charge
We are advised that no service charge is applicable.
Business Rates
We have been informed that, effective 1st April 2023, the premises holds two individual rating assessments: Ground Floor (£9,800), and First Floor (£8,600).
The total combined rateable value is £18,400. We therefore estimates rates payable are likely to be in the region of £9,180 per annum. We recommend all interested parties make their own enquiries direct with the local rating authority to confirm their liabilities.
Energy Performance Certificate
We have been advised that the premises fall within class D (90) of the energy performance assessment scale.
A full copy of the EPC assessment and recommendation report is available from our office upon request.
Anti-Money Laundering Regulations
Anti-Money Laundering Regulations require Fenn Wright to formally verify prospective purchaser's identity, residence and source of funds prior to instructing solicitors.
Viewings Strictly By Appointment Via Sole Agents:
Fenn Wright
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Property information from this agent
Places of interest
Fenn Wright - Colchester Commercial Sales & Lettings
882 Colchester Business Park, The Crescent Colchester Business Park, Colchester CO4 9YQ
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Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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