Retail property (high street) to rent
Property description & features
- Prominent city centre retail / business premises
- Ground floor retail area
- First floor storage / staff / office area with W/C
- Suitable for various uses (S.T.P)
- Popular city centre retail area
- Heating & cooling
- Available to let on a new lease
Currently trading as a hair salon, the unit may be suitable for a variety of retail / business uses (S.T.P).
ACCOMMODATION
[Approximate Net Internal Floor Areas]
Ground Floor: 288 sq ft [26.7 sq m] approx.
First Floor: 116 sq ft [10.8 sq m] approx.
Total: 404 sq ft [37.5 sq m] approx.
TERMS
The premises are available to let on a new internal repairing and insuring lease, with lease length and terms to be agreed, at a rent of £13,500 per annum (no VAT).
BUILDINGS INSURANCE
The buildings insurance is to be arranged by the landlord with the cost to be recovered from the tenant. For the current year the approx. cost is £65.00.
Tenants are responsible for their own contents and other liability insurances (including the shop front, windows and glazing).
SERVICE CHARGE
A service charge will be applicable - approx. cost for the current year is £110.00.
BUSINESS RATES
We are advised that the premises have a rateable value, with effect from the 1st April 2023, of £7,800.
For rateable values below £12,000, 100% small business rates relief may be available, subject to eligibility.
Interested parties are advised to make their own enquiries with the local rating authority to confirm their liabilities.
ENERGY PERFORMANCE CERTIFICATE [EPC]
We have been advised that the premises fall within class D (85) of the energy performance assessment scale. A full copy of the EPC assessment is available upon request.
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.
VIEWINGS STRICTLY BY APPOINTMENT
VIA SOLE LETTING AGENTS:
Fenn Wright
Contact:
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Property reference 14870428LH. 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.
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Broadband availability and predicted speed
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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
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Energy Performance data and Internal floor area
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