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For Sale: £295,000
To Let: £15,000 pa

Let

56 North Hill, Colchester, Essex, CO1

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  • Area

    area
    1200Sq Ft

A Grade II Listed property which provides office accommodation arranged over ground and first floor level with varied room sizes. The offices have recently been redecorated throughout and are carpeted with lighting, electrical outlets, and electric wall mounted heaters. There are two sets of kitchenette and W/C facilities on the first floor.

Accommodation
(Approximate net internal measurements)
Ground Floor Approx. 516 sq ft (47.9 sq m)
First Floor Approx. 684 sq ft (63.5 sq m)
Total Approx. 1,200 sq ft (111.5 sq m)

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 £15,000 per annum.

Alternatively, the premises are available for sale freehold with vacant possession, at a guide price of £295,000.

We are advised that VAT is not applicable.

Service Charge
We are advised that no service charge is applicable.

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 £930.00 plus VAT. The tenant is to be responsible for their own contents and other liability insurances.

Business Rates
We have been informed that, effective 1st April 2023, the rateable value is £13,250. For rateable values between £12,000 and £15,000, concessionary rate relief may be available, subject to eligibility.

We recommend all parties make their own enquiries direct with the local rating authority to confirm their liabilities.

Energy Performance Certificate (EPC)
The premises do not require an EPC as they are listed.

Legal Costs
Each party will bear their own legal costs.

Anti-Money Laundering Regulations
Anti-Money Laundering Regulations require Fenn Wright to formally verify prospective purchaser's identify, residence and source of funds prior to instructing solicitors.

Viewing
Strictly by appointment via agents:

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

Features

  • Very Well Presented Grade II Listed Office Premises
  • A Mix Of Offices / Meeting Rooms
  • Period Features Throughout
  • Kitchenette & WC Facilities
  • Busy and Prominent Position
  • Rear Courtyard Area
  • Suitable For Various Uses (S.T.P)

Floor plan

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Map

Call

Michael Moody

01206 854545
Make an enquiry

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