100 High Street, Colchester, Essex, CO1 1TH

LOCATION
Colchester, on the River Colne, has a population of approximately 200,000, and is a major commercial, retail and administrative centre, located approx. 53 miles north-east of Central London and is home to the University of Essex. The town is serviced by the A12 trunk road, which provides a dual carriageway links to the M25 Motorway and via the A14 dual carriageway to Ipswich and the Port of Felixstowe. There is a rail service to London (Liverpool Street) with journey times of approximately 55 minutes.

The property is situated in a hospitality hot spot within the city centre, positioned on the east side of the High Street, close to the junction with East Hill and Queens Street and close to the pedestrian entrance to Colchester Castle and Castle Park. The property is part of a parade of restaurants including Yak & Yeti, MIRRA and Maharani.

Other notable nearby occupiers include Bang & Olufsen Electronics, British Heart Foundation, The George Hotel, Saxons Estate Agents and Three Wise Monkeys Bar/ Restaurant.

DESCRIPTION
The property at 100 High Street, Colchester comprises a self-contained mid-terrace retail unit extending over three floors: ground, first, and second floors. The total Net Internal Area (NIA) is approximately 1,550 sq. ft. , with the second floor not yet measured due to limited access during the initial inspection.

The property benefits from a fully glazed shop front on ground level and allows space for an occupier to have prominent signage attached to the facade of the building. Internally, the ground floor features an open planned retail space with the upper floors benefiting from further storage/retail space and a staff W/C and kitchenette.

The current layout is well-suited for a retail use however, alternative uses are to be considered, subject to planning (STP) and landlord´s consent.

ACCOMMODATION
Net Internal Area (NIA)

144.03 m2 (1,550 sq. ft.)

TERMS
The property is available to let by way of a new full repairing and insuring lease for a term of years to be agreed at a passing rent of £20,000 per annum exclusive.

AVAILABILITY

The premises will be available for occupation from the 13th August 2025, subject to referencing.

OUTGOINGS
RATEABLE VALUE | BUSINESS RATES

The property has a rateable value of £12,750

The property has a rateable less than £15,000 therefore occupiers may be able to benefit from partial small business rate relief. Interested parties are advised to make their own enquiries with the Colchester City Council Rates Department.

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

LEGAL COSTS
Each party is to be responsible for their own legal fees in relation to any transaction.

OTHER
ENERGY PERFORMANCE CERTIFICATE

The property has an EPC rating of E - 106. A copy of the certificate is available on the GOV.UK Non-Domestic Energy Performance Certificate Register.

ANTI-MONEY LAUNDERING REGULATIONS

Anti-Money Laundering Regulations require Nicholas Percival to formally verify prospective tenant´s identity, residence and source of funds prior to instructing solicitors.

REF: C4113

VIEWING
Strictly by prior appointment with the sole agents, Nicholas Percival Chartered Surveyors. FAO Max Copeland