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First Floor, 28 North Hill, Colchester, Essex, CO1 1EG

£750 pcm
£9,000 pa

£13.39 per sq ft

Business rates & charges may apply

Fenn Wright, Colchester Business Park Commercial Sales & Lettings
SIZE AVAILABLE

672 sq ft

62 sq m

SECTOR

Office to lease

Lease details

Lease available date:
Ask agent
Lease type:
Long term

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

Description

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:
E:

Brochures

First Floor, 28 North Hill, Colchester, Essex, CO1 1EG

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Colchester Town Station0.5 miles
  • Colchester Station0.6 miles
  • Hythe Station1.4 miles

About Fenn Wright, Colchester Business Park Commercial Sales & Lettings

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

Fenn Wright are East Anglia's leading, independently owned partnership of commercial property agents, estate agents and Chartered Surveyors, with a reputation for providing the highest level of customer care.

Our commercial property agents offer an unrivalled range of professional skills and local market knowledge and we aim to provide industry-leading levels of service. We represent a wide spectrum of clients, including investors and developers, landlords and tenants, property companies, pension funds, business owners and private individuals. We can provide expert advice on every aspect of buying, selling and renting Commercial property, from valuations, landlord and tenant services, property management and insolvency, to name a few.

We have an unequalled presence throughout Essex and Suffolk with offices in the major hubs of Chelmsford, Colchester, Colchester Business Park and Ipswich - as well as branches in Sudbury, Woodbridge, Witham, Stanway, Felixstowe, Kesgrave and Manningtree.

Notes

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Disclaimer - Property reference 14870538LH. 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 Fenn Wright, Colchester Business Park Commercial Sales & Lettings. 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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