No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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£8,125 pcm | £97,500 pa | 5,909 sq ft
Added > 14 days

Office to rent

The Tower, Phoenix Square, Severalls Park, Colchester, Essex, CO4
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Office
0 bed
0 bath
5,909 sq ft / 549 sq m

Property description & features

  • Generous Letting Incentives / Fit Out Contributions Available
  • Fully Refurbished Offices With A/C
  • Open Plan Layout Ready For Fit Out
  • Forty On Site Car Parking Spaces
  • Additional Parking Available By Negotiation
  • Excellent A12 / A120 Access
*Generous letting incentives / Fit Out Contributions Available * These open plan first and second floor office suites benefit from air conditioning, suspended ceilings with recessed LED lighting and raised access floors with carpeting. The offices are accessed via a ground floor reception with stair and lift access. We understand there is a Virgin fibre line into the building offering high speed internet access.

There are forty car parking spaces situated on site plus additional visitors & accessible spaces.

Further parking spaces may be available on site subject to availability and negotiation.

ACCOMMODATION
[Approximate Net Internal Floor Areas]

First Floor: 1,367 sq ft [127 sq m] approx.
Second Floor: 4,542 sq ft [422 sq m] approx.
Total: 5,909 sq ft [549 sq m] approx.

TERMS
To let on a new flexible lease at £97,500 per annum, exclusive of business rates and VAT.
We are advised that VAT is applicable at the prevailing rate

*Generous letting incentives / fit out contributions available. Subject to terms and covenant. Further information available upon request.

SERVICE CHARGE
A service charge is levied to cover the costs of maintenance, cleaning and lighting of the car parking and landscaped areas, waste collection, external window cleaning, lift maintenance, and a sinking fund towards external decorations, the maintenance of the roof and air condition.

The cost for the current year is estimated at approx. £12,500 per annum.

BUSINESS RATES
The offices are assessed with a combined rateable value of £75,250 with effect from the 1st April 2023. Therefore rates payable are likely to be in the region of £38,500 per annum.

Interested parties are advised to make their own enquiries with the local rating authority to confirm their liabilities in this direction.

BUILDINGS INSURANCE
The buildings insurance is to be arranged by the landlord with the cost to be recovered from the tenant. Approx. cost for the current year is £1,680 + VAT.

ENERGY PERFORMANCE CERTIFICATE [EPC]
We have been advised that the premises fall within class D (92) of the energy performance assessment scale. A full copy of the EPC assessment and recommendation report is available from our office upon request.

VAT
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.

LEGAL COSTS
Each party will bear their own legal costs.

Viewing
Strictly by appointment via sole agents:

Fenn Wright
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Property information from this agent

Places of interest

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    Commercial Agency, Estate Agents and Letting Agents Our Colchester Business Park office is home to our North Essex Commercial agency team who specialise in the sale, letting and acquisition of commercial premises. The office is headed up by Michael Moody, who joined Fenn Wright alongside Jeremy Newman in 2017, following the acquisition of Newman Commercial. The focus of this office is on the sale and letting of industrial, office and retail spaces across North Essex and the provision of expert advice to support requests for formal valuations, rent reviews, strategic asset management and development decisions. Together with our commercial property valuation team, who operate out of our nearby Stanway office, Fenn Wright offer unrivalled knowledge and exposure to the commercial property market within Colchester and the surrounding area.

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    *DISCLAIMER

    Property reference 14870014LH. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Fenn Wright - Colchester Commercial Sales & Lettings.

    OnTheMarket may have applied supplementary data to this property listing, including:

    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

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    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

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.