PROPERTY DETAILS 1 Church Street, Colchester, Essex CO1 1NF
TO LET Attractive Town Centre Office/Financial Building 765 sq ft (71.07 sq m) Self -Contained Office Building Prominent Town Centre Position Suit Restaurant/cafe/bar Uses Subject to Planning Close to Multi Storey Parking
01206 577667 |
[email protected] | whybrow.net |
@whybrowproperty
PROPERTY DETAILS Terms
Location Colchester is an important commercial retail centre in north Essex with a resident population of 185,000 people. Rail services to London Liverpool Street are available in approximately 52 minutes.
A new lease on a Full Repairing and Insuring (FRI) basis for a term of years to be agreed incorporating periodic upward only rent reviews.
The property is located on Church Street, close to Head Street and High Street which offers a range of shopping, restaurant/leisure and bank and three multi-storey car parks at St Mary's, Nunns Road and Middleborough.
£12,000 per annum exclusive of rates, no VAT and all other outgoings.
Rent
VAT Value added tax is not chargeable on this property.
Service Charge We understand that the property is subject to a service charge. Further details available upon request.
Legal Fees Each party is to bear their own legal costs incurred during the course of any transaction.
Planning
Description This two storey property is of brick construction under a pitched slate roof and comprises ground floor sales/office, kitchen and first floor office areas. Please note that the external fascia is being redecorated and will be completed in September 2017.
Accommodation According to our calculations, the property has the following Net Internal Areas (NIA): Ground Floor- Sales 320 sq ft Kitchen 45 sq ft First FloorOffices 400 sq ft Total NIA
We understand that the property benefits from Class B1a (offices) use and is considered suitable for a range of uses including retail/ financial services/restaurant/cafe or bar subject to planning permission. Interested parties should make their own investigations of Colchester Borough Council.
Business Rates We are advised that the property appears in the 2017 Valuation List with a Rateable Value of £7,100. Interested parties are advised to make their own enquiries with the Local Authority regarding their Business Rates liability.
Energy Performance Certificate The property is to be assessed.
765 sq ft (71.07 sq m)
For viewings and further details please contact
Ewan Dodds
[email protected] 01206 577667