6 De Grey Square, De Grey Road, Colchester, Essex, CO4

The office accommodation is self-contained and over two floors. There is an entrance lobby with stairs to the first floor. The ground floor office is open plan with a kitchenette facility and accessible WC. On the first floor there is an open plan office area, two meeting rooms and two separate offices along with a kitchenette and a WC.

The specification includes carpeting, lighting, suspended ceilings, perimeter trunking for power and data and heating / cooling (not tested).

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

Accommodation
(Approximate net internal measurements)
Ground Floor Approx. 1,363 sq ft 126.6 sq m
First Floor Approx. 1,400 sq ft 130.1 sq m
Total Approx. 2,763 sq ft 256.7 sq m

TERMS
The premises are available to let on a new full repairing and insuring lease at a rent of £38,000 per annum plus VAT.

Alternatively the premises are available on a floor by floor basis at £20,500 per annum per floor.

SERVICE CHARGE
A service charge is applicable to cover; maintenance of the estate communal areas (cctv, barrier), landscaping, lighting and car parking areas, estate signage, waste refuse and window cleaning.

The approx. cost for the current year is £1,100 plus VAT for the whole.

If the premises are let on a floor by floor basis then an additional service charge is applicable to cover the cost of the external building maintenance, annual fire alarm and AC servicing, along with the cleaning and maintenance of the common entrance area and WC's.

BUSINESS RATES
We have been informed that the rateable value is £39,250.
We estimate that the rates payable are likely to be in the region of £20,100 per annum (for the whole). Interested parties are advised to make their own enquiries with the local rating authority to confirm their liabilities.

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 £500.00 for the whole.

ENERGY PERFORMANCE CERTIFICATE [EPC]
We have been advised that the premises fall within class B (33) of the energy performance assessment scale. A full copy of the EPC assessment and recommendation report is 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.

Viewing
Strictly by appointment via agents:
Fenn Wright




De Grey Square is a prestigious office development located off Severalls Lane adjacent to Colchester Business Park with easy access to the A12/A120 (junction 28). Colchester City Centre and mainline railway station (Liverpool St approx. 55 mins) is approximately two miles.