Office to let Colchester CO1 1EG,672sq ft

1/4

Office

Office To Let Colchester

PROPERTY ID: 132676

PROPERTY TYPE

Office

STATUS

Available

SIZE

672 sq.ft

Key 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

Property Details

The offices are situated at the bottom of North Hill, at its junction with Northgate Street, within easy walking distance of the city centre and a full range of local facilities. Colchester is a thriving commercial centre with approximately 120,000 residents and a larger catchment approaching 300,000 .

The Offices Are Located On The First Floor And Have Recently Been Refurbished. 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 T: 01206 854545 E: Colchestercommercial@fennwright.co.uk

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About the Agent

Fenn Wright LLP

See Agent's Other Properties

Office Unit

£9,000 / pa
£750 / month

First Floor,North Hill, Colchester, CO1 1EG

Office - Available
672 sq ft
62 sqm

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