Request a Valuation
For Sale: £1,600,000
2 St Johns Street, Colchester, Essex, CO2
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Area
15367Sq Ft
The offices were constructed in the early 1990's to provide a three storey office building offering high quality flexible accommodation with a mix of cellular and open plan accommodation centred around an impressive full heigh glazed atrium. The offices are accessed via a reception area, with current layouts providing predominantly open plan office space.
There is gas fired central heating throughout, comfort cooling (not tested), full access raised floors with carpet tiles, lighting and double glazed windows, with W/C facilities provided along with showers and changing room area.
On site car parking for 27 vehicles is provided within a secure basement car park accessed via automatic gates. A further 9 external car parking spaces, to the rear, are currently leased but available by separate negotiation.
Accommodation
(Approximate NIA sourced from the VOA website):
Ground Floor 497.2 sq. m 5,352 sq. ft.
First Floor 534.0 sq. m 5,748 sq. ft.
Second Floor 396.4 sq. m 4,267 sq. ft.
Total 1,427.6 sq. m 15,367 sq. ft.
Note: The measurements do not include the basement.
Terms
The premises are available for sale Freehold, with vacant possession, at a guide price of £1,600,000 (One Million & Six Hundred Thousand Pounds), subject to contract and exclusive of VAT.
Business Rates
The property currently has four separate rating assessments, the rateable values are: Ground Floor - £60,000, First Floor - £63,000, Suite 1, Second Floor - £24,000, Suite 2, Second Floor - £27,500. This provides a total rateable value of £174,500. We therefore estimate rates payable are likely to be in the region of £89,350.
Interested parties are advised to consult with the local rating authority to confirm their liabilities in this regard.
EPC
We have been advised that the premises fall within class D (77) of the energy performance assessment scale.
A full copy of the EPC assessment and recommendation report is available from our office upon request.
VAT
We are advised that VAT is applicable at the prevailing rate.
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 are to bear their own legal costs.
Anti-Money Laundering Regulations
Anti-Money Laundering Regulations require Fenn Wright to formally verify prospective purchasers identity, residence and source of funds prior to instructing solicitors.
Viewings Strictly By Appointment Via Agents:
Fenn Wright
01206 85 45 45
Colchestercommercial@fennwright.co.uk
Features
- Substantial Offices With Development Potential (STP)
- Three Storey Office Building
- Vacant Possession
- Secure Car Park at Basement Level
- Close to City Centre Amenities
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2 St Johns Street, Colchester, Essex, CO2
The offices were constructed in the early 1990's to provide a three storey office building offering high quality flexible accommodation with a mix of cellular and open plan accommodation centred around an impressive full heigh glazed atrium. The offices are accessed via a reception area, with current layouts providing predominantly open plan office space.
There is gas fired central heating throughout, comfort cooling (not tested), full access raised floors with carpet tiles, lighting and double glazed windows, with W/C facilities provided along with showers and changing room area.
On site car parking for 27 vehicles is provided within a secure basement car park accessed via automatic gates. A further 9 external car parking spaces, to the rear, are currently leased but available by separate negotiation.
Accommodation
(Approximate NIA sourced from the VOA website):
Ground Floor 497.2 sq. m 5,352 sq. ft.
First Floor 534.0 sq. m 5,748 sq. ft.
Second Floor 396.4 sq. m 4,267 sq. ft.
Total 1,427.6 sq. m 15,367 sq. ft.
Note: The measurements do not include the basement.
Terms
The premises are available for sale Freehold, with vacant possession, at a guide price of £1,600,000 (One Million & Six Hundred Thousand Pounds), subject to contract and exclusive of VAT.
Business Rates
The property currently has four separate rating assessments, the rateable values are: Ground Floor - £60,000, First Floor - £63,000, Suite 1, Second Floor - £24,000, Suite 2, Second Floor - £27,500. This provides a total rateable value of £174,500. We therefore estimate rates payable are likely to be in the region of £89,350.
Interested parties are advised to consult with the local rating authority to confirm their liabilities in this regard.
EPC
We have been advised that the premises fall within class D (77) of the energy performance assessment scale.
A full copy of the EPC assessment and recommendation report is available from our office upon request.
VAT
We are advised that VAT is applicable at the prevailing rate.
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 are to bear their own legal costs.
Anti-Money Laundering Regulations
Anti-Money Laundering Regulations require Fenn Wright to formally verify prospective purchasers identity, residence and source of funds prior to instructing solicitors.
Viewings Strictly By Appointment Via Agents:
Fenn Wright
01206 85 45 45
Colchestercommercial@fennwright.co.uk