Town Centre Office Building Approx. 2,080 sq ft (193.2m²)
63 North Hill, Colchester CO1 1PX
FOR SALE FREEHOLD AT £525,000 • • •
Grade II Listed Prominent Position Detached Building
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8 Car Parking Spaces Large Frontage/Terrace Characterful Features
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LOCATION The property is located at the top of North Hill which is a busy location close to all major facilities and amenities including three multi storey car parks, shopping, restaurants and public transport. Colchester’s North Station (London Liverpool Street approx. 50 minutes) is within walking distance. DESCRIPTION The building is Grade II listed and detached with a large open plan office, meeting room to the rear, kitchenette and W/C on the ground floor. On the first floor there are four separate offices / meeting rooms, male and female W/C’s with stairs to the second floor which has potential for storage purposes. The property has central heating, power and networking sockets, lighting and carpeting. There is generous gated car parking for approx. eight cars to the rear accessed via Balkerne Gardens. ACCOMMODATION (all figures provided are approximate net internal figures) Ground Floor First Floor Second Floor
Approx. Approx. Approx.
1,000 sq ft 790 sq ft 290 sq ft
92.9 m² 73.4 m² 26.9 m²
Total
Approx.
2,080 sq ft
193.2 m²
TERMS For Sale Freehold at £525,000. Alternatively, the property is available To Let on a new flexible lease, length and terms to be agreed with rent upon application. We have been advised that VAT is not applicable.
BUSINESS RATES We are informed that the rateable value is £25,250. We estimate that the rates payable are likely to be in the region of £12,100 per annum. Interested parties are advised to make their own enquiries with the local rating authority to confirm their liabilities in this direction. ENERGY PERFORMANCE CERTIFICATE (EPC) We have been advised that an EPC is not required as the property is Grade II listed. PLANNING The property is Grade II listed located within a conservation area. It was previously used for B1 (a) Office purposes. The property has recently achieved a change of use to A1 restricted to hairdressing and beauty treatments however we understand this is yet to be implemented. Alternative uses may be achieved subject to planning. Any material alterations to the building will require listed building consent. Any interested parties are advised to make their own enquiries direct with Colchester Borough Council. Note: a restrictive covenant will be imposed prohibiting the use of the property for hair and beauty purposes. VAT 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. VIEWING Strictly by appointment via sole agents: Newman Commercial Tel: 01206 85 45 45 Email:
[email protected] IMPORTANT NOTICE: Newman Commercial 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 Newman Commercial 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 Newman Commercial or the vendor/lessor. v) All quoting terms may be subject to VAT at the prevailing rate from time to time. vi) Newman Commercial 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. Details updated 30.11.17.