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No longer on the market

This property is no longer on the market

Office

Let agreed
Office
1,455 sq ft / 135 sq m
Added > 14 days

Features and description

  • Well Presented Ground Floor Office
  • Self Contained Office Suite
  • Prominent Location Fronting Thorpe Road & Stephenson Road
  • Open Plan with Additional Offices / Reception Area
  • Five Allocated Car Parking Spaces (Plus Visitor Spaces)
  • Established Business Location
The office accommodation is situated on the ground floor accessed via a private entrance lobby (fronting Thorpe Road), or a separate entrance accessed via the car park (access via Stephenson Road).

The office is self-contained, with a reception area providing access into the main open plan office area, with three separate office / meeting rooms and store room.

The office benefits from good levels of natural light, suspended ceilings with lighting, central heating, tea point and W/C facilities.

There are five allocated car parking spaces plus shared visitor spaces on site.

ACCOMMODATION
[Approximate Net Internal Floor Areas]
Total: 1,455 sq ft [135.2 sq m] approx.

TERMS
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 £16,000 per annum plus VAT.

SERVICE CHARGE
A service charge is applicable to cover; maintenance of the estate communal areas, landscaping, lighting and car parking areas. The approx. cost for the current year is £929 plus VAT.

BUSINESS RATES
We have been informed that, effective 1st April 2023, the rateable value is £13,500.
For rateable values between £12,000 - £15,000, concessionary business rate relief may be available, subject to eligibility. We recommend all parties make their own direct enquiries with the local rating authority.

BUILDINGS INSURANCE
The landlord is responsible for arranging the buildings insurance with the cost to be recovered from the tenant. The approx. cost for the current year is £481 plus VAT.

ENERGY PERFORMANCE CERTIFICATE [EPC]
We have been advised that the premises fall within class D (96) of the energy performance assessment scale. A full copy of the EPC assessment and recommendation report is available from our office upon request.

VAT
The property is elected to VAT. Prospective tenants should therefore be aware that VAT will be payable at the prevailing rate on the rent and service charge.

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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About this agent

Fenn Wright - Colchester Commercial Sales & Lettings
Fenn Wright - Colchester Commercial Sales & Lettings
882 Colchester Business Park, The Crescent Colchester Business Park, Colchester CO4 9YQ
01206 988207
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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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