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To Let: £10,300 pa

Units A-E Midland House, 26 North Station Road, Colchester, Essex, CO1

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  • Area

    area
    295 - 424Sq Ft

Five new, open plan & self contained, retail units which benefit from large double glazed frontages, laminate flooring, feature exposed ceilings with LED lighting, electric wall mounted heating, and WC and kitchenette facilities.
Car parking is available on site to the rear of the building via a barriered car park. Spaces are available at an additional cost.

LOCATION
Midland House is prominently situated on North Station road, a busy mixed commercial/residential area, between the City Centre and Colchester main line railway station (Liverpool Street approx. 55 minutes) both of which are within easy walking distance. The City Centre provides all of the usual facilities and amenities including car parks, bus stops (one directly outside the units), shops, restaurants and bars.

ACCOMMODATION
[Approximate Net Internal Floor Areas]

Unit A: 424 sq ft [39.41 sq m] - UNDER OFFER
Unit B: 307 sq ft [28.54 sq m] - £10,750 pax
Unit C: 295 sq ft [27.39 sq m] - £10,300 pax
Unit D: 298 sq ft [27.68 sq m] - £10,300 pax
Unit E: 299 sq ft [27.80 sq m] - £10,300 pax

Note: Car parking is available on site, subject to availability, at £70 per space per month.

TERMS
The units are available to let on a new standard effective full repairing lease, with terms to be agreed (minimum lease term of two years), at the rents outlined above.

The rent is payable quarterly in advance and is NOT subject to VAT at the prevailing rate.

SERVICE CHARGE / BUIDLINGS INSURANCE
A service charge will be applicable to cover costs of external building repairs/maintenance and buildings insurance contribution. Approximate cost for the current year is £0.85 per sq ft, payable on account.

SERVICES
Each unit benefits from its own metered water and electricity supply. The tenant is to be responsible for this cost.

BUSINESS RATES
We are advised that the units are yet to be assessed individually for business rates purposes. However, the assessments are expected shortly and it is anticipated that each unit will fall below £12,000 meaning eligible parties may be able to benefit from small business rates relief.
Interested parties are advised to make their own enquiries.

ENERGY PERFORMANCE CERTIFICATE [EPC]
We have been advised that the premises have been individually accessed and fall within class B (37-48) of the energy performance assessment scale.
A full copy of the EPC assessment and recommendation report is available from our office upon request.

VAT
VAT will NOT be applicable on the rent and service charge. All rents and prices are exclusive of VAT under the Finance act 1989.

PLANNING
The permitted use is Retail, professional services, or offices under Use Class E (a, c & g).

Note: Hot food takeaway use is not permitted. However, a café use would be considered subject to terms.

Interested parties are advised to make their own enquiries with the local planning authority.

LEGAL COSTS
Each party are to be responsible for their own legal costs.

VIEWINGS STRICTLY BY APPOINTMENT VIA SOLE LETTING AGENTS:
Fenn Wright
T: 01206 854545
E: [email protected]

Features

  • Modern Self Contained Retail Units
  • Available To Let On A New Lease
  • Flexible Open Plan Space
  • Kitchenette & WC Facility
  • Busy Main Road Prominence
  • On Site Car Parking Available*

Floor plan

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Map

Call

Michael Moody

01206 854545
Make an enquiry

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