Commercial - Essex
01206 216 565
28 High Street, Colchester, Essex CO1 1DB
A1 Retail Unit Prominent High Street Retail Premises With Upper Parts
Double fronted
Air conditioned retail space
Nearby national occupiers include Marks & Spencer, Superdrug, Next & Fenwick’s Department Store which is currently undergoing a comprehensive £30m redevelopment
Early occupation on completion.
New lease
EPC Rating : D
To Let 1,350 sq ft (125 sq m) Sales 1,448 sq ft (134.5 sq m) Stores
Most active agency in Suffolk and North Essex Estates Gazette (February 2014)
Details Location
Accommodation
The University town of Colchester is 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 substantial growth with considerable new development planned over the next 10 years.
The premises provide the following accommodation and approximate floor areas:
The property occupies a prime trading location to the southern side of Colchester High Street benefitting from a significant footfall which has recently been enhanced by the re-siting of the town’s historic Charter Market to this side of the High Street from the Spring of 2015. The property is directly opposite the Town Hall, close to both Marks & Spencer and Fenwick’s Department store (formerly Williams & Griffins) which is currently undergoing a major £30m redevelopment, as well as a number of other major household names.
Description The four storey Grade II Listed property provides airconditioned retail space to the ground floor together with storage to the 3 upper levels.
Local Authority Colchester Borough Council Rowan House 33 Sheepen Road Colchester CO3 3WG Tel: 01206 282222
Particulars for 28 High Street, Colchester, Essex CO1 1DB
Gross Frontage Internal Width Shop Depth Ground Floor Sales 1st Floor 2nd Floor 3rd Floor Total
18’1” 16’8” 100’ 1,350 sq ft 482 sq ft 488 sq ft 478 sq ft 2,798 sq ft
5.50 m 5.08 m 30.48m (125.4 sq m) (44.8 sq m) (45.3 sq m) (44.4 sq m) (259.9 sq m)
The 2nd and 3rd floors are currently only accessible via a ladder Services We understand that mains electricity, gas and water are connected to the property.
Business Rates From enquiries with the Local Rating Authority we understand that the premises are assessed as follows:Rateable Value Rates payable (2015/2016)
£44,500 £21,938.50
Terms The property is to be let on a full repairing and insuring lease for a length to be agreed incorporating landlord’s upward only rent reviews. .
Rent
Viewing
Commencing rental £39,500 per annum exclusive.
Strictly by confirmed appointment with the sole letting agents: -
VAT The property is not elected to VAT.
Legal costs Each party is to be responsible for the payment of their own legal costs incurred in the transaction.
Fenn Wright 1 Tollgate East, Stanway, Colchester, Essex CO3 8RS
01206 216 565 fennwright.co.uk
1 Tollgate East, Stanway, Colchester, Essex CO3 8RS Contact:Steven Donnelly
[email protected] 01206 216557
Particulars for 28 High Street, Colchester, Essex CO1 1DB
James Angel
[email protected] 01206 216558
Particulars for 28 High Street, Colchester, Essex CO1 1DB