Office To Let Colchester
PROPERTY ID: 130486
PROPERTY TYPE
Office
STATUS
Under Offer
SIZE
1,482 sq.ft
Key Features
Property Details
The Office Accommodation Is Self-contained, Open Plan And Provided Over Two Floors. There Is An Accessible Wc And Kitchenette On The Ground Floor. The High Specification Includes; Lighting, Carpeting (to Be Replaced Imminently), Floor Boxes And Perimeter Trunking For Data And Power. Wall Mounted Units Provide Heating & Cooling. A 100mb Internet Line Is Connected With The Cost Included Until February 2028 (worth £300 Pcm). There Are Five Allocated Car Parking Spaces (with Scope For Further Unofficial Parking). There Are Also Shared Visitor Spaces On Site, Along With Picnic Areas Within The Landscaped Grounds. Accommodation [approximate Net Internal Floor Areas] Total: 1,482 Sq Ft [137.7 Sq M] Approx. Terms The Premises Are Available To Let By Way Of An Assignment Of The Existing Lease Which Is To Expire Feb 2028 And Features A Tenant Only Break Option In February 2026. The Current Passing Rent Is £20,000 Per Annum (i.e. £1,666.67 Per Calendar Month, Payable Quarterly In Advance. *the Assignor Is Subsidise The Rent Until The Break, Reducing The Monthly Rent To £1,495 Per Calendar Month. Plus Vat At The Prevailing Rate. Consideration Will Be Given To A Sub-lease Of The Whole. Note: Subject To Terms And Covenant The Landlord May Give Consideration To A New Letting Of The Whole. Service Charge/ Building Insurance An Annual Service Charge Is Applicable And Covers The Repair And Maintenance Of All Of The Communal Areas & Facilities. Approx. Cost For The Current Year Of £926.25 Plus Vat Per Quarter. Tenants Will Be Required To Reimburse The Landlords The Full Cost Of Buildings Insurance Cover. Approx. Cost For The Current Year Of £632.29 Plus Vat. Business Rates We Have Been Informed That The Rateable Value Is £20,500. We Estimate That The Rates Payable Are Likely To Be In The Region Of £10,230 Per Annum. Interested Parties Are Advised To Make Their Own Enquiries With The Local Rating Authority To Confirm Their Liabilities. Energy Performance Certificate [epc] We Have Been Advised That The Premises Fall Within Class C (64) Of The Energy Performance Assessment Scale. A Full Copy Of The Epc Assessment And Recommendation Report Is Available From Our Office Upon Request. Vat We Are Advised That Vat Is Applicable At The Prevailing Rate. All Rents And Prices Are Exclusive Of Vat Under The Finance Act 1989. Interested Parties Are Advised To Consult Their Professional Advisors As To Their Liabilities, If Any, In This Direction. Legal Costs Each Party Will Bear Their Own Legal Costs. Viewing Strictly By Appointment Via Sole Agents Fenn Wright.