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60-62 London Road, Stanway, Colchester, CO3

£1,250 pcm
£15,000 pa

£26.22 per sq ft

Business rates & charges may apply

Nicholas Percival Commercial, Colchester
SIZE AVAILABLE

572 sq ft

53 sq m

SECTOR

High street retail property to lease

Lease details

Lease available date:
Ask agent

Description

LOCATION
The property occupies a prominent position on London Road, one of Colchester´s main arterial roads in Stanway. The property is
located on the southern side of London road with a surrounding area comprising a mix of residential and commercial properties.
The established Tollgate and Stane Retail Parks are situated nearby which include occupiers such as Sainsburys Superstore,
Aldi Supermarket, B&Q, M&S and Greggs.

The property benefits from excellent road connections, with the A12 (Junction 26) approximately 1 mile to the west, providing
convenient access to the wider national motorway network. The A120 is also readily accessible, providing connections
towards Stansted Airport and the East Coast ports. Mainline railway services are available from both Marks Tey and Colchester, providing regular services to London Liverpool Street. London Road is also well served by local bus routes connecting Stanway with Colchester city centre and the surrounding areas.

A public car park is located 0.1 miles from the property whereby users can benefit from up to 3 hours free car parking.

DESCRIPTION
KEY FEATURES

- Prominent Roadside Location
- Extending to 434 sqft. ITZA and 572 sqft. NIA
- 1 rear parking space
- Ideal for a Hairdresser/Barber however, alternative uses are considered, subject to planning.

60-62 London Road comprises a prominent retail premises, previously occupied by a local hairdressing salon. The property remains fitted with a range of hairdressing equipment and could therefore provide an ideal opportunity for a new or established salon operator. Alternative uses may also be considered, subject to the necessary planning consents.

Internally, the accommodation is arranged as two principal retail areas, together with ancillary rooms to the rear which provide storage or could be utilised as additional retail/treatment space. The premises benefit from hard flooring throughout, strip lighting and electric storage heaters.

Externally, the property benefits from one allocated parking space.

ACCOMMODATION
ITZA - 434 sq.ft.

Net Internal Area (NIA) - 572 sq.ft.

TERMS
The property is available To Let by way of a new Lease with terms to be agreed, at an asking rent of £15,000 per annum exclusive.

OUTGOINGS
The property has a rateable value of £8,100. Occupiers may be able to benefit from full business rate relief, interested parties are advised to make their own enquiries with Colchester City Council.

LEGAL COSTS
Each party is responsible for their own legal fees in relation to any transaction.

PLANNING
The property benefits from Use Class E.

OTHER
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.

Administrative Fee:

Upon Heads of Terms being agreed and prior to Solicitors being instructed, the prospective tenant or purchaser is to pay an administrative fee of £250 plus VAT to Nicholas Percival Ltd. This fee will cover all associated administrative costs including
any referencing fees incurred.

REF: 6208

VIEWING
Strictly by appointment only via sole agents, Nicholas Percival Surveyors. FAO: Max Copeland

Brochures

60-62 London Road, Stanway, Colchester, CO3

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Colchester Station1.8 miles
  • Colchester Town Station2.2 miles
  • Marks Tey Station2.8 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 101551004416. 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.