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To Let: £46,000 pa

First & Second Floors, Midland House, 26 North Station Road, Colchester, Essex, CO1

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  • Area

    area
    3658 - 7604Sq Ft

The premises comprises first and second floor offices within a detached, circa 1980's, three storey building with brick elevations with a slate mansard and flat roof. Stairs and lift access are provided. Each floor is self-contained, air conditioned, with W/C's and tea point facilities and a predominantly open plan office area ready for a tenant's fit out.

There is a self contained car park to the rear of the property, accessed via Victoria Chase, with a barrier for security. The car park is exclusively for this building, shared between the ground floor retail unit and the offices above.

Ten car parking spaces are allocated to the first floor and Nine car parking spaces are allocated to the second floor.

Accommodation
(Approx. net internal measurements)
First Floor Approx. 3,945 sq ft (366.5 sq m)
Second Floor Approx. 3,658 sq ft (339.8 sq m)
Total Approx. 7,604 sq ft (706.4 sq m)

Terms
The offices are available individually or as a whole on a new lease, length and terms to be agreed, at rents of:-

First Floor £49,500 per annum exclusive
Second Floor £46,000 per annum exclusive
Combined £91,500 per annum exclusive

We are advised that VAT is applicable.

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 is £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 ground and first floors are currently jointly assessed as "bank and premises", with a rateable value of £93,500. The first floor is therefore still pending an individual assessment.

We have been informed that the second floor has a rateable value of £29,000. We estimate rates payable are therefore likely to be in the region of £14,500.

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 first floor falls within class C (70), and the second floor within class D (78), of the Energy Performance Assessment scale.

Full copies of the EPC assessment and recommendation report are 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 liability, 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

  • First & Second Floor Offices With On Site Car Parking
  • Mix of Open Plan & Partitioned Accommodation
  • Excellent On Site Car Parking
  • Within Easy Walking Distance Of A Train Station
  • Close to City Centre Shops & Restaurants
  • Easy A12 / A120 Access

Floor plan

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Floorplan Image

Map

Call

Michael Moody

01206 854545
Make an enquiry

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