Office to rent
Property description & features
- Prominent Offices With Car Parking Space
- Immediately Available
- Prominent Location in City Centre
- Flexible Lease Terms Available
- 1 Allocated Car Parking Space
- Air Conditioning
The property benefits from W/C and kitchen facilities, an air conditioning system, good natural and artificial lighting, and will benefit from re-decoration.
One car parking space is allocated to the offices, located at the rear of the property.
ACCOMMODATION
[Approximate Net Internal Floor Areas]
First Floor Offices: 672 sq ft [62.47 sq m] approx.
TERMS
The premises are available to let on a new flexible lease, with lease length and terms to be agreed, subject to a minimum lease term of six years, with a tenant-only break after 3 years, at a rent of £9,000 per annum (no VAT) .
BUSINESS RATES
We are advised that the premises have a rateable value of £7,700.
For rateable values below £12,000, 100% small 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 buildings insurance is to be arranged by the landlord with the cost to be recovered from the tenant.
For the current year, the approximate cost is £1,010 plus VAT.
ENERGY PERFORMANCE CERTIFICATE [EPC]
We have been advised that the premises fall within class B (29) of the energy performance assessment scale.
A full copy of the EPC assessment is available upon request.
VAT
We have been advised that VAT is not elected for this property.
REPAIR / SERVICE CHARGE
The new lease will impose an internal repairing liability on the tenant, who will also be responsible for a service charge equating to 25% of the landlord's costs for the external repairs and decoration of the building comprising 26-29 North Hill .
LEGAL COSTS
Each party will bear their own legal costs.
VIEWINGS STRICTLY BY APPOINTMENT VIA SOLE LETTING AGENTS:
Fenn Wright
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Property reference 14870538LH. 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
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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