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Long Wyre Street, Colchester, CO1 1LJ

£1,246 pcm
£14,950 pa

£16.61 per sq ft

Business rates & charges may apply

Nicholas Percival Commercial, Colchester
SIZE AVAILABLE

900 sq ft

84 sq m

SECTOR

High street retail property to lease

Lease details

Lease available date:
Ask agent

Description

LOCATION
Prime City Centre Location

Colchester, granted city status in 2022, is one of the fastest-growing cities in the East of England. With a resident population of approximately 200,000 and a catchment exceeding 300,000, it offers a strong and expanding customer base.

- 60 minutes by train to London Liverpool Street
- 30 miles from Stansted Airport
- 0.5 miles from Colchester Town Station
- 1 mile from Colchester North Station
- Less than 10-minute walk from the central bus station
- Immediate proximity to Colchester Castle (over 1 million visitors annually), Firstsite Gallery, and key museums

Long Wyre Street sits in a vibrant secondary shopping and leisure frontage that is undergoing significant enhancement. The recent completion of St Nicholas Square has strengthened this area as a hub for hospitality, entertainment, and nightlife.

The city centre benefits from strong footfall (average 9.3 million visitors per annum) and a healthy mix of national brands (Primark, H&M, JD Sports, Boots, etc.) in nearby Lion Walk and Culver Square shopping centres, alongside thriving independents.

DESCRIPTION
Ground Floor Class E Commercial Unit.

This prominent, versatile ground-floor unit offers excellent flexibility for a wide range of Class E uses, including retail, professional services, health & beauty, leisure, food & beverage, or hybrid operators.

The property forms part of a substantial mid-terrace building in a semi-pedestrianised location. The upper floors have been redeveloped into residential apartments, while the ground-floor commercial space will be attractively fitted out by the owners.

The whole building was previously occupied in part by Argos and Riley´s pool/snooker club.

Property Highlights:
- Traditional brick façade with modern plate-glass extensive shop front and signage opportunity
- To be fitted out to a high standard with:
o LED lighting throughout
o Air conditioning (heating & cooling)
o Dedicated male, female/disabled WC facilities
o Kitchen/facilities area
o Open-plan area
- Excellent visibility and footfall on a busy secondary city-centre pitch
- Neighbouring occupiers include Loungers, Three Wise Monkeys, Greggs, No Name Bar & Games, Specsavers, plus various independents and charity shops

ACCOMMODATION
Approximately 900 sq ft (83.61 sq m)

TERMS
Rent: £14,950 per annum exclusive (plus VAT)

Lease: New Full Repairing and Insuring (FRI) lease for a term to be agreed

Availability: July/August 2026

OUTGOINGS
Rateable Value TBC - prospective tenants should verify with Colchester City Council

VAT
The property is elected for VAT

OTHER
Anti-Money Laundering & Administration Fee In line with current regulations, formal ID, proof of address, and source of funds will be required. An administration fee of £250 + VAT is payable upon agreement of heads of terms to cover referencing and associated costs.

REF: C5806

VIEWING
Strictly by prior appointment through the sole agents: Nicholas Percival Chartered Surveyors

Long Wyre Street, Colchester, CO1 1LJ

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Colchester Town Station0.2 miles
  • Colchester Station0.9 miles
  • Hythe Station1.1 miles

About Nicholas Percival Commercial, Colchester

Beacon End Farmhouse London Road, Stanway, Colchester, CO3 0NQ

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

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 101551004266. 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 Commercial, 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.

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