109.6 sq m

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Commercial - Essex

01206 216 565

35 East Street, Colchester, Essex CO1 2TP

Commercial Premises with 3 Parking Spaces For Sale Freehold

109.6 sq m 

Scope for alternative uses including residential (STP)



Sympathetically and substantially refurbished



Fire & burglar alarm systems fitted



Early occupation upon completion



EPC exempt being a Listed building

(1180 sq ft)

Most active agency in Suffolk and North Essex Estates Gazette (February 2014)

Details Location

Business Rates

Colchester is a thriving university and garrison town and the principal commercial centre of North East Essex with over 450,000 people within a 20 minute drive. The town is experiencing a period of significant growth with considerable new development planned over the next decade.

From verbal enquiries with the Local Rating Authority we understand that the premises are assessed as follows:

This mid-terraced Grade II Listed period property is conveniently situated on the busy East Street approximately 0.6 of a mile from the High Street and town centre. The immediate area provides both a high density residential catchment alongside a mix of established commercial uses and is easily accessible to the A12 north and south bound carriageways as well as the A120 at the Crown Interchange some 2 miles to the north. The town’s mainline rail station serving Liverpool Street is just over 2 miles distance. Description The property has been substantially and sympathetically refurbished and provides good quality accommodation presently arranged as a number of offices, open plan meeting room and well fitted kitchen.

Rateable value (2016/2017) Rates payable (2016/2017)

£8,800 £4,259.20 pa

From April 2017, subject to the occupier qualifying, the property will be eligible for 100% rates relief. Planning Planning consent for change of use from office to outreach centre from B1 business use to D1 use (non residential institution) was obtained in September 2008 under Application No: 08/1384 a copy of which is available upon request. We are of the opinion that the property offers scope for conversion back to full office use, alternative commercial uses or residential in the form of either a single dwelling or potentially two flats subject to planning. Terms

The 3 tarmaced car parking spaces are accessed via a right of way across the rear of the adjoining property which is accessed from Gunn Lane off Moorside.

The property is for sale freehold with vacant possession upon completion at a price of £200,000 subject to contract. The property is not elected to VAT. Viewing

Accommodation

Strictly by prior appointment with the sole agents:

The following net internal floor areas apply:-

Fenn Wright 1 Tollgate East, Stanway, Colchester, CO3 8RQ

Ground Floor First Floor Attic Space Totals

521 sq ft 260 sq ft 399 sq ft 1,180 sq ft

( 48.4 sq m) ( 24.1 sq ) ( 37 sq m) 109.6 sq m

Contact: Steven Donnelly T. 01206 216557 E. [email protected]

For further information

01206 216 565 fennwright.co.uk

Fenn Wright for themselves and for the vendors or lessors of this property whose agents they are give notice that: i.

The particulars are set out as a general outline for the guidance of intending purchasers or lessees; and do not constitute, nor constitute part of, an offer or contract.

ii. All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct but any intending purchasers or lessees should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them. iii. The vendor or lessor does not make or give, and neither Fenn Wright nor any person in their employment has the authority to make or give, any representation or warranty whatsoever in relation to this property. iv. All statements contained in these particulars as to this property are made without responsibility on the part of Fenn Wright or the vendor/lessor. v. All quoting terms may be subject to VAT at the prevailing rate from time to time. vi. Fenn Wright have not tested any electrical items, appliances, any plumbing or heating systems and therefore, cannot give any warranty or undertaking as regards their operation or efficiency.

Particulars for 35 East Street, Colchester Essex CO1 2TP

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