Fenn Wright, Colchester Business Park Commercial Sales & Lettings

28 Middleborough, Colchester, Essex, CO1

Guide price

£1,100,000

Size

7,077

Tenure

Freehold

EPC

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Parking

25

Primary use
Traditional office
Other use(s)
Traditional office, Other, Traditional office, Traditional office
Capacity
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Desks
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Key features

  • Impressive Three Storey Office Building
  • Ground & First Floor Mix Of Open Plan & Cellular Offices
  • Second Floor Storage Facilities With Goods Lift
  • 25 Car Parking Spaces In Adjoining Multi-Story Car Park
  • Easy Walking Distance To City Centre & Main Line Rail Station

Description

The property comprises an octagonal, link-detached office building arranged over three levels. The building is of steel frame construction with brick-faced elevations and a steel-framed mansard roof. It dates from the early 1980s and originally formed part of the Royal London Insurance headquarters complex.

Internally, the ground and first floors provide a combination of open-plan and partitioned offices, meeting rooms and ancillary facilities, arranged around a central core incorporating a staircase and a document hoist. There is also a passenger lift (to first floor only), which is not currently operational. Finishes include raised access floors, suspended ceilings with recessed lighting, air conditioning (not tested) and double-glazed windows. The second floor is currently used solely for file storage.

Externally, the property benefits from 25 dedicated car parking spaces held on a long leasehold basis, located within the multi-storey car park to the north of Middleborough .

ACCOMMODATION
[Approximate Net Internal Floor Areas]

Ground Floor: 3,522 sq ft [327.2 sq m] approx.
First Floor: 3,579 sq ft [332.5 sq m] approx.
Total: 7,077 sq ft [657.5 sq m] approx.

The second-floor storage area provides an additional 2,338 sq ft, bringing the total gross internal area of the building to approx. 9,958 sq ft.

LOCATION
28 Middleborough is located on the fringe of Colchester city centre, approximately 200 m from the High Street and within walking distance of the mainline railway station, with direct services to London Liverpool Street (approx. 55 mins).

Situated on one of the principal routes into the city centre, the property benefits from excellent visibility and accessibility, surrounded by an established commercial area comprising offices, retail and leisure uses.

TERMS
The premises are available For Sale Freehold with vacant possession at a guide price of £1,100,000 (no VAT).

BUSINESS RATES
We are advised that the premises have a rateable value, with effect from the 1st April 2026, of £119,000.

We estimate that the rates payable are likely to be in the region of £57,120 per annum.
Interested parties are advised to make their own enquiries with the local rating authority to confirm their liabilities.

SERVICE CHARGE
We have been advised that a service charge is applicable to cover maintenance and management of the multi-storey car park.

The approx. cost for the current year is £5,172 plus VAT (payable quarterly in advance).


ENERGY PERFORMANCE CERTIFICATE [EPC]
We have been advised that the premises fall within class C (58) of the energy performance assessment scale.

A full copy of the EPC assessment and recommendation report is available from our office upon request.

VAT
The property is not elected for VAT.
Interested parties are advised to consult their professional advisors as to their liabilities, if any, in this direction.

LEGAL COSTS
Each party will be responsible for their own legal costs.

ANTI-MONEY LAUNDERING REGULATIONS
Anti-Money Laundering Regulations require Fenn Wright to formally verify prospective purchaser's identity, residence and source of funds prior to instructing solicitors.

VIEWINGS STRICTLY BY APPOINTMENT
VIA SOLE SELLING AGENTS:

Fenn Wright

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Fenn Wright, Colchester Business Park Commercial Sales & Lettings

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Additional information
Service charge
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Business rates
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Use class
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Listed building
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Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

28 Middleborough, Colchester, Essex, CO1

NEAREST STATIONS

National Rail

Colchester Station

0.55 miles

National Rail

Colchester Town Station

0.57 miles

National Rail

Hythe Station

1.46 miles

About Fenn Wright, Colchester Business Park Commercial Sales & Lettings

Fenn Wright, Colchester Business Park Commercial Sales & Lettings

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 Basildon, Chelmsford, Colchester Business Park and Ipswich - as well as branches in Colchester, Sudbury, Woodbridge, Witham, Stanway, Felixstowe, Kesgrave and Manningtree.

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Disclaimer - Property reference 14870961FH. 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.