8 The Courtyards, Wyncolls Road, Colchester, Essex, CO4

The suite is located on the first floor and is accessed via stairs, offering a predominantly open-plan layout. There is a reception area, tea station and breakout space, two large meeting rooms, a smaller room, and a generous store room.
The suite benefits from full access raised computer flooring with carpet tiles, suspended ceilings with recessed LED lighting, air conditioning providing both heating and cooling (not tested) and access to communal WC facilities.
There are fourteen on-site car parking spaces provided, with visitor parking bays, and additional overflow parking available by separate agreement.

LOCATION
The office is situated within the popular Phoenix Square office complex located directly adjacent to the A12/A120 interchange which provides excellent road links to east cost ports of Harwich and Felixstowe and Stansted airport.
Colchester city centre and main line railway station (London Liverpool Street approx. 55 minutes) are just 3 miles distant.
Nearby there is a Tesco, NatWest bank, various restaurants, a health and fitness centre and a children's day nursery.

ACCOMMODATION
[Approximate Net Internal Floor Areas]

Total: 2,566 sq ft [238.4 sq m] approx.

TERMS
The office is available by way of a new lease, length and terms to be agreed, at a rent of £53,000 per annum exclusive of business rates and VAT.

SERVICE CHARGE
A service charge is levied to cover the costs of CCTV, lighting of the car parking areas, external window cleaning, lighting and cleaning of the internal common areas, AC maintenance (serviced twice yearly), annual testing of the fire detection system and emergency lighting, refuse collection, along with a sinking fund to cover external building maintenance / decoration and replacement of the AC system.
Estimated costs for the current year are £10,400 plus VAT.

BUSINESS RATES
We are advised that the premises have a rateable value, with effect from the 1st April 2023, of £32,750. Therefore estimated rates payable of approximately £16,345 for the current year. Interested parties are advised to make their own enquiries.

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 £850.00 plus VAT.

ENERGY PERFORMANCE CERTIFICATE [EPC]
We have been advised that the premises fall within class C (60) of the energy performance assessment scale. A full copy of the EPC assessment is available upon request.

VAT
VAT will be applicable on the rent and service. All rents and prices are exclusive of VAT under the Finance act 1989.

LEGAL COSTS
Each party will bear their own legal costs.

ANTI-MONEY LAUNDERING REGULATIONS
Anti-Money Laundering Regulations require Fenn Wright to formally verify a prospective tenants identity prior to the instruction of solicitors.

VIEWINGS STRICTLY BY APPOINTMENT VIA SOLE LETTING AGENTS:
Fenn Wright
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