Suite M(A) The Octagon, 27 Middleborough, Colchester, Essex, CO1
£13,368 pcm
£160,417 pa
£38.58 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
4,158 sq ft
386 sq m
- SECTOR
Office to lease
Lease details
- Lease available date:
- Ask agent
Key features
- Second Floor High-Quality Grade A Office Space
- Open Plan Area with Meeting Rooms and Kitchenette
- 42 Desks (as per the current configuration)
- Flexible Lease Option With Easy-in, Easy-out Terms
- 22 Parking Spaces in Adjoining Multi-Storey Car Park
- Close to Colchester City Centre & Mainline Station
Description
Suite M (A) is located on the second floor with lift access via the main Octagon entrance. The suite benefits from VAV air conditioning, suspended ceilings with recessed lighting, raised access and carpeted floors. The impressive fit out includes two meeting room, two individual pods, two separate offices a kitchenette and alarge open plan area. There are 42 desks provided in the current configuration. Shared WC facilities are available on the same floor.
There are 22 allocated parking spaces located within the adjoining multi-storey car park.
LOCATION
The Octagon is Colchester's landmark office building, offering approx. 100,000 sq ft of high-quality office space across four floors. Located just a short walk from the city centre and Colchester's mainline railway station, with direct services to London Liverpool Street (approx. 55 mins).
The building provides over 500 parking spaces, including EV charging points, and features three 10-person passenger lifts. On-site amenities include a café which provides hot and cold beverages for tenants , shower facilities, and bike storage, along with two landscaped courtyards. Additional features include 24-hour access, a manned reception, and security systems.
ACCOMMODATION
[Approximate Net Internal Floor Area]
Total: 4,158 sq ft [386.29 sq m] approx.
TERMS
The premises are available To Let a new effective full repairing and insuring lease, with lease length, terms, to be agreed at a rent of £160,417 pax plus VAT.
The rent includes; principle rent, service charge, furniture, buildings insurance, broadband, and fair wear & tear.
Note: A new letting is subject to the simultaneous surrender of the existing lease.
SERVICE CHARGE
A service charge is levied to cover the costs of heating, air conditioning, security, reception, and cleaning / maintenance and repairs to the common parts and exterior of the building. The cost of which is included within the advertised rent.
BUSINESS RATES
We are advised that the premises have a rateable value, with effect from the 1st April 2023, of £55,500. Therefore estimated rates payable of approximately £30,310 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. The cost of which is included within the advertised rent.
ENERGY PERFORMANCE CERTIFICATE [EPC]
We have been advised that the premises fall within class D (93) 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
T:
E:
There are 22 allocated parking spaces located within the adjoining multi-storey car park.
LOCATION
The Octagon is Colchester's landmark office building, offering approx. 100,000 sq ft of high-quality office space across four floors. Located just a short walk from the city centre and Colchester's mainline railway station, with direct services to London Liverpool Street (approx. 55 mins).
The building provides over 500 parking spaces, including EV charging points, and features three 10-person passenger lifts. On-site amenities include a café which provides hot and cold beverages for tenants , shower facilities, and bike storage, along with two landscaped courtyards. Additional features include 24-hour access, a manned reception, and security systems.
ACCOMMODATION
[Approximate Net Internal Floor Area]
Total: 4,158 sq ft [386.29 sq m] approx.
TERMS
The premises are available To Let a new effective full repairing and insuring lease, with lease length, terms, to be agreed at a rent of £160,417 pax plus VAT.
The rent includes; principle rent, service charge, furniture, buildings insurance, broadband, and fair wear & tear.
Note: A new letting is subject to the simultaneous surrender of the existing lease.
SERVICE CHARGE
A service charge is levied to cover the costs of heating, air conditioning, security, reception, and cleaning / maintenance and repairs to the common parts and exterior of the building. The cost of which is included within the advertised rent.
BUSINESS RATES
We are advised that the premises have a rateable value, with effect from the 1st April 2023, of £55,500. Therefore estimated rates payable of approximately £30,310 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. The cost of which is included within the advertised rent.
ENERGY PERFORMANCE CERTIFICATE [EPC]
We have been advised that the premises fall within class D (93) 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
T:
E:
Brochures
Suite M(A) The Octagon, 27 Middleborough, Colchester, Essex, CO1
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Colchester Station0.5 miles
- Colchester Town Station0.6 miles
- Hythe Station1.5 miles
About Fenn Wright, Colchester Business Park Commercial Sales & Lettings
882 Colchester Business Park The Crescent, Colchester Business Park, Colchester, CO4 9YQNotes
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Disclaimer - Property reference 14870853LH. 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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