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To Let: £30,000 pa

Unit 1 Mercantile House, Sir Isaac’s Walk, Colchester, Essex, CO1

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  • Area

    area
    2315Sq Ft

The premises comprises an extensive ground floor retail unit, benefitting from two fully gazed frontage display windows, and a retail sales area split across two levels. W/C facilities are located on the first floor as well as ancillary staff/storage space.

Accommodation
(Approximate net internal measurements)
Ground Floor Retail 1,824 sq ft (169.5 sq m)
First Floor Storage 491 sq ft (45.67 sq m)
Total 2,315 sq ft (215.2 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 £30,000 per annum.

We are advised that VAT is applicable.

Service Charge
A budgeted service charge is applicable to cover; maintenance of the estate communal areas, landscaping, lighting and includes buildings insurance. The approx. cost for the current year £4,327.48.

Business Rates
We have been informed that the rateable value is £32,250. We therefore estimate that the rates payable are likely to be in the region of £16,125 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 F (130) of the energy performance assessment scale. A new EPC will be commissioned prior to letting.

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 joint sole agents:

Fenn Wright

Features

  • Prominent Town Centre Retail Unit
  • New Lease Available
  • Suitable for a Variety of Uses (STP)
  • Predominantly Open Plan Layout
  • Located on Busy Pedestrian Thoroughfare
  • Attractive Double Shopfront

Map

Call

Lewis Chambers

01206 854545
Make an enquiry

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