Office to rent

The Octagon, Middleborough,Colchester,CO1 1TG

Let Agreed 8,725 sq. ft. | £127,000 pa| £10,583 pcm

Property Description

Commercial information

  • 8,725 sq ft (810 sq m)
  • Use class orders: B1 Business

Key features

  • 24 Hour Reception / Security
  • Air Conditioning
  • Impressive Boardroom
  • 25 On Site Car Parking Spaces
  • Kitchen / Staff Room Facilities
  • On Site Cafe
  • Town Centre Location

Full description

LOCATION
The Octagon is a substantial landmark office building prominently located fronting the main inner ring road system. Colchester town centre with all the usual facilities and amenities and the main line railway station (London Liverpool Street approximately 55 minutes) are within easy walking distance. The A12 and A120 are easily accessible, providing fast journey times to Stansted airport and the East Coast ports.

DESCRIPTION
Suite E is located on the second floor with lift access via the main Octagon entrance where there is 24 hour reception / security and a 'Cafe Kix' café which provides hot and cold beverages for tenants within the building. The suite has VAV air conditioning, suspended ceilings with recessed lighting, carpeted floors and male, female and disabled toilet facilities. There is a mix of open plan and cellular partitioned offices, a Comms room, kitchen / staff room, Boardroom and reception. Directly adjacent there is a multi-storey car park providing approximately 538 car parking spaces of which 25 spaces are specifically allocated to the suite.

ACCOMMODATION
(all figures provided are approximate net internal areas)

Office area approx 8,725 sq ft (810.6m²)

TERMS
The suite is available to let on a new flexible, full repairing and insuring lease, length and terms to be agreed, at a rent of £127,000 per annum exclusive of rates and VAT.

SERVICE CHARGE
A service charge is levied to cover the costs of heating, air conditioning, security, reception, and cleaning / maintenance and repairs to the common parts and exterior of the building.

BUSINESS RATES
We have been advised that the office has a rateable value of £109,000, Uniform Business Rate for 2015/16 is 49.3p in the £ which provides business rates payable of approx. £53,737 per annum. Interested parties are advised to make their own enquiries with the local rating authority to confirm these figures.

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.

ENERGY PERFORMANCE CERTIFICATE (EPC)
We have been advised that the premises falls within Band C (64) of the energy performance assessment scale. A full copy of the EPC assessment and recommendation report is available from our office upon request.

VIEWING
Strictly by appointment via joint sole agents:

Newman Commercial
Tel: 01206 85 45 45

Nearest stations

  • Colchester (0.5 mi)
  • Colchester Town (0.6 mi)
  • Hythe (1.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Newman Commercial, Colchester

882 The Crescent, Colchester Business Park, Colchester, CO4 9YQ

01206 916029 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Colchester (0.5 mi)
  • Colchester Town (0.6 mi)
  • Hythe (1.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Newman Commercial, Colchester

882 The Crescent, Colchester Business Park, Colchester, CO4 9YQ

01206 916029 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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Property reference Suite_E_Octagon. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Newman Commercial, Colchester.

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