To Let - Fenn Wright

Report 5 Downloads 160 Views
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