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To Let: £28,000 pa
13 De Grey Square, De Grey Road, Colchester, Essex, CO4
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Area
1525Sq Ft
The office accommodation is self-contained and over two floors. There is an entrance lobby with stair to the first floor. The ground floor office is predominately open plan with a meeting room and kitchenette facility and accessible W/C. There is also a separate access for the ground floor. On the first floor there is an open plan office area, office /meeting room and W/C.
The specification includes carpeting, lighting, suspended ceilings, perimeter trunking for power and data and heating / cooling (not tested).
There are six allocated car parking spaces plus shared visitor spaces on site.
Accommodation
(Approximate net internal measurements)
Ground Floor Approx. 756 sq ft 70.2 sq m
First Floor Approx. 769 sq ft 71.5 sq m
Total Approx. 1,525 sq ft 141.7 sq m
Terms
The premises are available to let by way of an assignment of the existing five year full repairing and insuring lease which is to expire August 2026. There is a tenant only break option, and upward only open market rent review, in August 2024. The current passing rent is £28,000 per annum plus VAT.
Alternatively the premises may be available To Let on a new full repairing and insuring lease, lease length, rent, and terms to be agreed, subject to the simultaneous surrender of the existing lease.
Service Charge
A service charge is applicable to cover; maintenance of the estate communal areas (cctv, barrier), landscaping, lighting and car parking areas, estate signage, waste refuse and window cleaning.
The approx. cost for the current year is £839.00.
Buildings Insurance
The landlord is responsible for arranging the buildings insurance with the cost to be recovered from the tenant.
The approx. cost for the current year is £380.00.
Business Rates
We have been informed that the rateable value is £20,300. We estimate that the rates payable are likely to be in the region of £10,230 per annum.
Interested parties are advised to make their own enquiries with the local rating authority to confirm their liabilities.
Energy Performance Certificate (EPC)
We have been advised that the premises fall within class B (31) of the energy performance assessment scale.
A full copy of the EPC assessment and recommendation report is available from our office upon request.
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
Features
- High Quality Office Building With Excellent A12 Access
- Two Storey Office Building
- Air Conditioning & Two Meeting Rooms
- Kitchenette & Tea Point Facilities
- Predominantly Open Plan Layout
- Six Allocated Car Parking Spaces & Visitor Spaces
Floor plan
Map
Make an enquiry
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13 De Grey Square, De Grey Road, Colchester, Essex, CO4
The office accommodation is self-contained and over two floors. There is an entrance lobby with stair to the first floor. The ground floor office is predominately open plan with a meeting room and kitchenette facility and accessible W/C. There is also a separate access for the ground floor. On the first floor there is an open plan office area, office /meeting room and W/C.
The specification includes carpeting, lighting, suspended ceilings, perimeter trunking for power and data and heating / cooling (not tested).
There are six allocated car parking spaces plus shared visitor spaces on site.
Accommodation
(Approximate net internal measurements)
Ground Floor Approx. 756 sq ft 70.2 sq m
First Floor Approx. 769 sq ft 71.5 sq m
Total Approx. 1,525 sq ft 141.7 sq m
Terms
The premises are available to let by way of an assignment of the existing five year full repairing and insuring lease which is to expire August 2026. There is a tenant only break option, and upward only open market rent review, in August 2024. The current passing rent is £28,000 per annum plus VAT.
Alternatively the premises may be available To Let on a new full repairing and insuring lease, lease length, rent, and terms to be agreed, subject to the simultaneous surrender of the existing lease.
Service Charge
A service charge is applicable to cover; maintenance of the estate communal areas (cctv, barrier), landscaping, lighting and car parking areas, estate signage, waste refuse and window cleaning.
The approx. cost for the current year is £839.00.
Buildings Insurance
The landlord is responsible for arranging the buildings insurance with the cost to be recovered from the tenant.
The approx. cost for the current year is £380.00.
Business Rates
We have been informed that the rateable value is £20,300. We estimate that the rates payable are likely to be in the region of £10,230 per annum.
Interested parties are advised to make their own enquiries with the local rating authority to confirm their liabilities.
Energy Performance Certificate (EPC)
We have been advised that the premises fall within class B (31) of the energy performance assessment scale.
A full copy of the EPC assessment and recommendation report is available from our office upon request.
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