36, Eld Lane, Colchester, Essex, CO1
Size
710
Lease length
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EPC
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Parking
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- Price per
- £21.13 pa
- Primary use
- High street retail
- Other use(s)
- Shop
- Frontage
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No floor / site plan
Key features
- Prominent Location
- Open Plan Design
- High Footfall Area
Description
Colchester is served by the A12 trunk road which provides a dual carriageway link to the A120, M11, M25 and A14 road networks and also benefits from being on the mainline between the Capital and Norwich with journey times of approximately 60 minutes to London Liverpool Street station.
The property is situated on Eld Lane, a pedestrianised street in the south-western part of Colchester City Centre. Eld Lane is an established retail location which connects directly to Sir Isaac’s Walk, one of the City’s principal pedestrianised shopping thoroughfares and is conveniently positioned close to Lion Walk Shopping Centre.
The surrounding area accommodates a diverse mix of independent retailers, professional services, cafés and national occupiers, including Boots, River Island, New Look, The Body Shop and Pret a Manger.
Eld Lane benefits from its close proximity to both the Vineyard Street Pay & Display Car Park to the rear, accessible via steps and a lift, as well as the Priory Street Pay & Display Car Park which is only a short walk away.
DESCRIPTION
36 Eld Lane comprises a retail premises of brick construction beneath a pitched tiled roof, currently fitted out as an independent fashion retailer. The property benefits from an attractive glazed shop frontage providing good visibility onto the pedestrianised Eld Lane.
Internally, the accommodation is predominantly open plan and benefits from wooden flooring, a mixture of spot and strip lighting and exposed brick-effect feature walls.
The premises also benefits from a mezzanine floor extending to approximately 254 sq.ft., accessed via an internal staircase and overlooking the main retail area. The mezzanine provides additional retail or ancillary accommodation, with the property also benefiting from WC and kitchenette facilities.
ACCOMMODATION
Net Internal Area (NIA) Approximate:
Ground Floor 42.34 m2 ( 456 sqft )
Mezzanine 22.63 m2 ( 254 sqft )
Total 65.97 m2 ( 710 sqft )
ITZA - 413 sqft.
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 £15,000 per annum exclusive.
RATES
The property has a rateable value of £13,750.
Interested parties are advised to make their own enquiries with Colchester City Council Rates Department.
LEGAL COSTS
Each party is to be responsible for their own legal fees in relation to any transaction.
VIEWING
Strictly by prior appointment only via sole agents, Nicholas Percival Surveyors. FAO: Max Copeland
ANTI-MONEY LAUNDERING
Anti-Money Laundering Regulations require Nicholas Percival to formally verify prospective tenant’s identity, residence and source of funds prior to instructing solicitors.
REF: C6289
- Let type
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- Let contract length
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- Status
- Available
- Service charge
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- Business rates
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- Use class
- E
An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Brochure
36, Eld Lane, Colchester, Essex, CO1
About NICHOLAS PERCIVAL LTD, Colchester
Nicholas Percival are well-established Estate Agents and Chartered Surveyors with over 25 years of experience selling the finest village, town and country houses in North Essex and South Suffolk
The Commercial Property Division specialises in all aspects of Sales, Lettings and Professional Advice to both Landlords & Tenants Nicholas Percival Chartered Surveyors has an established reputation for professional excellence and integrity and is regarded as one of the leading independent practices in North Essex
Commercial rent reviews and lease renewals are an opportunity for both owners and occupiers to recast their agreement in a more commercial form; they are not just a re-negotiation of the level of rent. Whether you are the landlord or tenant, when it is time for a rent review or lease renewal it is important to avail yourself with the best representation and accurate advice from a specialist commercial chartered surveyor such as those at Nicholas Percival
Nicholas Percival's Commercial Property Management division have been helping companies and individuals manage their commercial property in Essex for over 29 years.
Our specialist team are based in Colchester and have a depth of local knowledge and expertise that enables them to ensure that client's properties are successfully managed, and as a matter of course provide advice on long term strategic changes, in order to create added value and asset enhancement.
Nicholas Percival assumes full responsibility for the day to day management of your property portfolio. We will be in touch with you throughout the year and will meet you at least once a year to provide a full review of the property portfolio performance. However, our goal is to provide exactly the service you need and we are happy to tailor this approach to suit you. We understand that every company and individual have different needs and will work with you to find the right level of communication and involvement that suits you. In addition, you can rely on our team to help and advise you as and when it is required.
Our Management service covers all aspects of property management:
• Rent collection
• Accounting to the client on a monthly or quarterly basis
• Service charge collection
• Budgeting and collection service charge accounts
• Arranging buildings insurance
• Organising contracts with maintenance suppliers such as cleaners, gardeners etc.
• Health and Safety issues
• Landlord and tenant Statutory obligations
• Site visits and inspections
• Negotiating Rent Reviews & Lease Renewals
Nicholas Percival act as the principal liaison between the Landlord and Tenant at all times. All of our Management services are dealt with in accordance with the terms of the leases and any current relevant legislation and codes of practice.
In addition to our core landlord and tenant, building surveying and valuation services, we provide a variety of additional services, including:
• Independent purchase reports
• Strategy advice and reports
• Redevelopment/conversion appraisals
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Disclaimer - Property reference C6289. 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 NICHOLAS PERCIVAL LTD, Colchester. 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.