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To Let: £19,500 pa

Let

1 St Nicholas Passage, Colchester, Essex, CO1

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  • Area

    area
    1252Sq Ft

The property comprises a mid terrace period property arranged over ground, first and second floors. The property has been internally linked to provide a good size sales area with office space at the rear. The upper floors provide storage, workshops and office accommodation, as well as W/C and kitchenette facilities. The unit benefits from a double shop front, spotlights and part suspended ceilings.

Accommodation
(Approximate net internal measurements)
Ground Floor Approx. 717 sq ft (66.6 sq m)
First Floor Approx. 362 sq ft (33.6 sq m)
Second Floor Approx. 173 sq ft (16.1 sq m)
Total Approx. 1,252 sq ft (116.3 sq m)

Service Charge
A service charge is applicable to cover; maintenance of the estate communal areas, landscaping, lighting and car parking areas. The approx. cost for the current year £TBC.

Buildings Insurance
The buildings insurance is to be arranged by the landlord with the cost to be recovered from the tenant. The approx. cost for the current year is £TBC
Business Rates
We have been informed that the rateable value is £18,500. We estimate that the rates payable are therefore likely to be in the region of £9,250 per annum.

Interested parties are advised to make their own enquiries with the local rating authority to confirm their liabilities.

Energy Performance Certificate (EPC)
A full copy of the EPC assessment and recommendation report will soon be available from our office upon request.

Planning
The property is located within a Conservation area, and was most recently used a charity shop under Use Class 'E', but could be suitable for a variety of uses (subject to change of use being achieved).

We recommend that all interested parties make their own enquiries regarding planning directly with Colchester Borough Council.

Terms
The premises are available to let on a new full repairing and insuring lease, lease length and terms to be agreed, at a rent of £19,500 per annum. We are advised that VAT is applicable.

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.

Legal Costs
Each party will bear their own legal costs.

Viewing
Strictly by appointment via sole agents:

Fenn Wright
01206 85 45 45
fennwright.co.uk
colchestercommercial@fennwright.co.uk

Map

Call

Edward Nolan

01206 854545
Make an enquiry

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