Office to rent

Generous letting incentives / fit out contributions available.
Two high quality office suites situated within the popular Phoenix Square office complex located directly adjacent to the A12/A120 interchange.

These open plan ground floor office suites are presented to a very high standard and benefit from air conditioning, suspended ceilings with recessed LED lighting, raised access floors with carpeting and new kitchenettes. The offices are accessed via a shared reception area, 'The Atrium' with 1 The Atrium also benefitting from its front for completely independent access. There are shared male and female WC's, accessible WC, and shower. The two suites are interconnected with double doors.

There are thirty-three car parking spaces situated on site plus additional visitors & accessible spaces. Thirteen spaces are allocated to 1 The Atrium and twenty spaces are allocated to 4 The Atrium.

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

Featuring excellent road links to the east coast ports of Harwich and Felixstowe and Stansted Airport. Colchester city centre and main line railway station (London Liverpool Street approx. 55 minutes) is 3 miles distant. Close by is a Tesco, NatWest bank, various restaurants, a health and fitness centre and children's day nursey.

ACCOMMODATION
[Approximate Net Internal Floor Areas]

1 The Atrium 1,903 sq ft [177 sq m] approx.
4 The Atrium 3,005 sq ft [279 sq m] approx.
Total: 4,908 sq ft [456 sq m] approx.

TERMS
The suites are to be let on a new flexible leases at the following rents;
1 The Atrium - £38,500 per annum exclusive.
4 The Atrium - £60,000 per annum exclusive.
Combined - £98,000 per annum exclusive.

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. £5,500 - 1 The Atrium and £10,300 - 4 The Atrium.

BUSINESS RATES
The offices are assessed with a combined rateable value of £65,000 with effect from the 1st April 2023. Therefore rates payable are likely to be in the region of £35,500 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 £tbc.

ENERGY PERFORMANCE CERTIFICATE [EPC]
We have been advised that the 1 The Atrium falls within class B (29) and 4 The Atrium is class B (46) of the energy performance assessment scale. Full copies of the EPC assessments and recommendation reports are 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.

VIEWINGS STRICTLY BY APPOINTMENT VIA SOLE LETTING AGENTS:

Fenn Wright
882 The Crescent
Colchester Business Park
Colchester
Essex CO4 9YQ