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105 London Road, Stanway CO3 0NY

£2,458 pcm
£29,500 pa

£13.85 per sq ft

Business rates & charges may apply

Nicholas Percival Commercial, Colchester
SIZE AVAILABLE

2,130 sq ft

198 sq m

SECTOR

Office to lease

Lease details

Lease available date:
Ask agent
Floor/Site plan 1
1

Description

LOCATION
The property is situated along the busy London Road, linking the A12 trunk road (0.5 miles) with Colchester Town Centre (3 miles). The property is located in a prominent, mixed commercial and residential area, benefiting from main road frontage to London Road and immediately to the east of Tollgate Retail Park, Stanway.

Nearby occupiers include Hobbycraft, Marks and Spencer, B&Q, Sainsburys Superstore, Fine & Contry Estate Agents and Nicholas Percival Surveyors, to name a few.

DESCRIPTION
The property comprises a Grade II listed, timber frame building, with weather board elevations under a pitched peg tile roof. Internally there are exposed oak beams, LED lighting, carpeting throughout and gas central heating. The ground floor comprises open plan accommodation with additional entrance hall, meeting room, WC and kitchen facilities. The first floor also benefits from WC and kitchen facilities. The property benefits from seven allocated car parking spaces.

The property extends to approx. 2,130 sq. ft. over ground and first floors, currently occupied by The Wow Centre and Bromak Recruitment before then.

The Wow Centre, who currently operate baby / toddler sensory groups and classes, would be open to discussions in respect of selling their business or any of their equipment by way of separate negotiation.

TERMS
The property is available To Let by way of a new full repairing and insuring lease, terms to be agreed, at a passing rent of £29,500 per annum exclusive. The Lease is to be contracted outside sections 24 - 28 of the Landlord & Tenant Act 1954.

OUTGOINGS
The Rateable Values of the premises have been split between Ground and First floor. The first Floor has a Rateable Value of £17,750 and the ground floor has a Rateable Value of £9,100.
Interested parties should make contact with Colchester Borough Council Business Rates department.

LEGAL COSTS
Each party to bear their own legal costs.

Anti-Money Laundering
In accordance with regulations, Nicholas Percival will require formal identification, proof of residence, and verification of source of funds from all prospective tenants prior to instructing solicitors.

Administrative Fee
Upon agreement of Heads of Terms and prior to solicitors being instructed, the prospective tenant will be required to pay an administration fee of £250 + VAT to cover referencing and associated costs.

VIEWING
Strictly by prior appointment with the sole Agents Nicholas Percival Chartered Surveyors.
T: E: C. 3616

Brochures

105 London Road, Stanway CO3 0NY

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Marks Tey Station2.0 miles
  • Colchester Station2.6 miles
  • Colchester Town Station3.0 miles

About Nicholas Percival Commercial, Colchester

Beacon End Farmhouse London Road, Stanway, Colchester, CO3 0NQ

Nicholas Percival are well-established Estate Agents and Chartered Surveyors with over 25 years of experience selling the finest village, town and country houses in North Essex and South Suffolk

The Commercial Property Division specialises in all aspects of Sales, Lettings and Professional Advice to both Landlords & Tenants Nicholas Percival Chartered Surveyors has an established reputation for professional excellence and integrity and is regarded as one of the leading independent practices in North Essex

Commercial rent reviews and lease renewals are an opportunity for both owners and occupiers to recast their agreement in a more commercial form; they are not just a re-negotiation of the level of rent. Whether you are the landlord or tenant, when it is time for a rent review or lease renewal it is important to avail yourself with the best representation and accurate advice from a specialist commercial chartered surveyor such as those at Nicholas Percival

Nicholas Percival's Commercial Property Management division have been helping companies and individuals manage their commercial property in Essex for over 29 years.

Our specialist team are based in Colchester and have a depth of local knowledge and expertise that enables them to ensure that client's properties are successfully managed, and as a matter of course provide advice on long term strategic changes, in order to create added value and asset enhancement.

Nicholas Percival assumes full responsibility for the day to day management of your property portfolio. We will be in touch with you throughout the year and will meet you at least once a year to provide a full review of the property portfolio performance. However, our goal is to provide exactly the service you need and we are happy to tailor this approach to suit you. We understand that every company and individual have different needs and will work with you to find the right level of communication and involvement that suits you. In addition, you can rely on our team to help and advise you as and when it is required.

Our Management service covers all aspects of property management:

• Rent collection

• Accounting to the client on a monthly or quarterly basis

• Service charge collection

• Budgeting and collection service charge accounts

• Arranging buildings insurance

• Organising contracts with maintenance suppliers such as cleaners, gardeners etc.

• Health and Safety issues

• Landlord and tenant Statutory obligations

• Site visits and inspections

• Negotiating Rent Reviews & Lease Renewals

Nicholas Percival act as the principal liaison between the Landlord and Tenant at all times. All of our Management services are dealt with in accordance with the terms of the leases and any current relevant legislation and codes of practice.

In addition to our core landlord and tenant, building surveying and valuation services, we provide a variety of additional services, including:

• Independent purchase reports

• Strategy advice and reports

• Redevelopment/conversion appraisals

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 101551001478. 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 Nicholas Percival Commercial, Colchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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