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LET AGREED

Unit 5 Tollgate Business Park, Colchester, Essex, CO3

£2,825 pcm
£33,900 pa

£19.94 per sq ft

Business rates & charges may apply

Nicholas Percival Commercial, Colchester
SIZE AVAILABLE

1,700 sq ft

158 sq m

SECTOR

Office to lease

USE CLASSUse class orders: Class E

E

Lease details

Lease available date:
Ask agent

Key features

  • High Quality Office
  • Excellent A12 Access & Tollgate Retails Parks
  • Rarely Available

Description

Location
Tollgate Business Park adjoins the Tollgate Retail Park, approximately three miles to the west of Colchester Town Centre.

There is immediate access to the A12 at Junction 26 providing excellent transport links to the major motorway networks as well as London Stansted Airport, Harwich International Port and the Port of Felixstowe.

The nearest train station is Marks Tey from which the average journey time to London Liverpool Street station is 50 minutes.

Sainsbury's supermarket, Marks & Spencer, Greggs, Aldi supermarket, Costa Coffee, Starbucks Coffee McDonalds and KFC are all within walking distance of the property.


Description
Units 1-7 Tollgate Business Park is a modern office development constructed in 2013, comprising 7 offices, each extending to 1,700 sq. ft. The offices are open plan, constructed with double height interior and large double glazed windows to maximize natural light. There is the potential for a mezzanine floor to create additional floor space.

Unit 5 Tollgate Business Parke benefits from air-conditioning, thermos electric opening roof lights, suspended ceiling, raised access flooring with carpet tiles, fully fitted accessible WC facilities, kitchen and glazed meeting room.

The existing Tenant is willing to leave the current furniture and monitors in situ, subject to separate negotiation.


Accommodation
Open plan office
Glazed meeting room
Total Net Internal Area = 1,695 sq. ft. (157.5m2)


Car Parking
8 allocated spaces
Shared visitor spaces
Additional overflow car park


Terms
The premises are available to let by way of Lease Assignment, with the salient terms summarised as follows:
Rent: £33,900 plus VAT per annum exclusive.
Full Repairing and Insuring Lease Terms.
Expiry 25th October 2031 (approx. 8 years remaining).
Rent Review on 26th October 2026.
Tenants only option to terminate the lease on 26th October 2026.
Contracted outside provisions 24 - 28 of the Landlord & Tenant Act 1954.
A copy of the lease is available upon request.

Service Charge
A service charge is payable to include but not exclusive to ; external window cleaning, waste management, maintenance of the communal areas, lighting, security, car park, and landscaping. The Service Charge for the year 2023 is estimated at £1,916 plus VAT per annum.

Rateable Value
The property has a Rateable Value of £30,750 as of 01 April 2023.
We estimate the business rates payable to be in the region of £15,344.25 per annum.
Interested parties are advised to make their own enquiries with Colchester City Council Business Rates Department.

Energy Performance Certificate (EPC)
The property has Energy Performance Rating of C - 60. A copy of the EPC and recommendation report is available upon request.

VAT
All rents and prices are exclusive of VAT under the Finance Act 1989.

Legal Costs
Each party will bear their own legal costs.


Viewings:

Strictly by prior appointment with the sole agents Nicholas Percival Chartered Surveyors.
FAO: Billy Coe MRICS
REF: C4582

Brochures

Unit 5 Tollgate Business Park, Colchester, Essex, CO3

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Marks Tey Station1.6 miles
  • Colchester Station3.1 miles
  • Colchester Town Station3.3 miles

About Nicholas Percival Commercial, Colchester

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

Nicholas Percival Commercial, Colchester

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 pract

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Notes

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Disclaimer - Property reference C4582. 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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