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To Let: £3,450 pcm

Units A2 & A3 , Colchester Business & Seedbed Centre, Wyncolls Road, Colchester, Essex, CO4

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  • Area

    area
    2960Sq Ft

The unit has been fitted out as a dance / performing arts school. Double personnel doors lead to a carpeted reception area, with further offices / store rooms available, as well as changing rooms, W/C facilities and tea point. There are two open plan rehearsal areas, which benefit from Harlequin fitted flooring. There are additional storage areas available within the loft spaces.

There is car parking available on site, on an unallocated 'first-come-first-served' basis.

Accommodation
(Approximate gross internal measurements)
Unit A2 approx. 1,480 sq ft (137.5 sq m)
Unit A3 approx. 1,480 sq ft (137.5 sq m)
Total approx. 2,960 sq ft (274.9 sq m)

Inclusive Monthly Licence Agreement
The rolling monthly licence agreements are inclusive of: water rates, buildings insurance, refuse / recycling collection, external grounds maintenance, repairs, lighting and cleaning to common areas, CCTV cameras, site security and on site management. Rental figures outlined above. VAT is applicable at the prevailing rate.

Terms
The units are available on 'Easy in, Easy out' monthly licence agreements. Licence fees are to be paid monthly in advance by Direct Debit. VAT is applicable at the prevailing rate. Full Licence Terms & Conditions available upon request.

Units A2/A3 are available for £3,450 per month plus VAT. Consideration will be given to splitting the units, terms available on request.

VAT is applicable on the monthly licence fee at the statutory rate.
Deposit
A repairs deposit equivalent to two month's licence fee is to be paid prior to occupation of the unit.

Condition / Dilapidations
As per the standard terms of the licence, the current tenants are required to reinstate the unit to its original condition - namely, an open plan warehouse / storage unit. However, the unit can be provided in the current layout, subject to the ingoing tenant taking full responsibility for the repairing / reinstatement obligations. Further details are available upon request.

Inclusive Internet Connectivity
Up to 200gb of data (superfast fibre internet connection) is included within the monthly licence fee.

Utilities
Electricity & gas are supplied and metered by the Landlords and is charged on a monthly basis by Direct Debit.

Business Rates
Licensees are responsible for their individual Business Rates. We have been informed that the units are currently individually assessed, with rateable value for A2 of £14,500, and for A3 of £14,500 - therefore, combined RV of approx. £29,000. We therefore estimate rates payable are likely to be in the region of £14,471 per annum.

Interested parties are advised to make their own enquiries with the local rating authority to confirm their liabilities in this direction.

Energy Performance Certificate (EPC)
We have been advised that unit A2 falls within class D (77) of the energy performance assessment scale, and unit A3 within class C (64). Full copies of the EPC assessments and recommendation reports are available from our office upon request.

Viewing
Strictly by appointment via sole agents:
Fenn Wright
01206 85 45 45
colchestercommercial@fennwright.co.uk

Features

  • Well Presented Performing Arts / Dance School Premises
  • Bespoke Fit Out With Harlequin Flooring
  • Rolling, Monthly Licence Agreements
  • Flexible, Easy In-Easy Out Terms
  • Licence Inclusive of High Speed Internet Service
  • Excellent A12 / A120 Access

Map

Call

Edward Nolan

01206 854545
Make an enquiry

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