Office to rent
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
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
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Fenn Wright - Colchester Commercial Sales & Lettings
882 Colchester Business Park, The Crescent Colchester Business Park, Colchester CO4 9YQ
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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
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