1a Charter Court, Newcomen Way, Colchester, CO4 9YA

£600,000 on application

Overview

Office
Property Type

3968 - 11594
sq ft

Description

Location

A two storey office building to be presented in an open plan format ready for a tenant to fit out to their required specifications. There are to be WC facilities on both floors and a tea point facility on the first floor. The specification is to include suspended ceilings with LED lighting, raised access carpeted floors, heating / cooling, and a passenger lift. There are 45 car parking spaces in total provided on site.

LOCATION
The premises are prominently located at the entrance to Colchester Business Park, directly adjacent to the A12/A120 interchange, providing excellent access to the national motorway network, Stanstead Airport and the east coast ports of Harwich and Felixstowe. Colchester City Centre and main line railway station (London Liverpool Street approx. 55 mins) are approximately three miles distance. Close by are a restaurant / wine bar, convenience store, hairdressers, dentists, a health and fitness centre, children's day nursey and Tesco Supermarket.

ACCOMMODATION
[Approximate Net Internal Floor Areas]

Ground Floor: 4,057 sq ft [376.9 sq m] approx.
First Floor: 3,968 sq ft [368.6 sq m] approx.
Total: 8,025 sq ft [745.5 sq m] approx.

Note: To suit larger requirements a further approx. 3,569 sq ft (331.6 sq m) is available in the adjoining office building (1b), subject to suitable terms being agreed.

TERMS
The premises are available to let on a new effective full repairing and insuring lease, with lease length and terms to be agreed. Rent available upon application. VAT is applicable on the rent.

SERVICE CHARGE
A service charge will be applicable to cover cost of; external common grounds repairs / maintenance / landscaping, and lighting of the parking areas, gritting, and pest control. Approximate cost for the current year, for the whole building, is £10,513 plus VAT, payable quarterly in advance on account.

BUSINESS RATES
We are advised that the premises have a combined rateable value, with effect from the 1st April 2023, of £117,200 (split £110,000 for the office and £7,200 for the car parking). Therefore estimated rates payable of approximately £64,000 for the current year. Interested parties are advised to make their own enquiries.

BUILDINGS INSURANCE
The buildings insurance is to be arranged by the landlord with the cost to be recovered from the tenant. Approximate cost for the current year , for the whole building, is is £917 plus VAT.

ENERGY PERFORMANCE CERTIFICATE [EPC]
A new EPC will be provided upon completion of the refurbishment works.

VAT
VAT will be applicable on the rent and service. All rents and prices are exclusive of VAT under the Finance act 1989.

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

ANTI MONEY LAUNDERING
Anti-Money Laundering Regulations require Fenn Wright to formally verify a prospective tenants identity prior to the instruction of solicitors.

FLOOR PLANS
The plans provided within this listing are for indicative purposes only. These plans are not to scale and are not to be relied upon.

VIEWINGS STRICTLY BY APPOINTMENT VIA SOLE LETTING AGENTS:
Fenn Wright
T: 01206 854545
E: colchestercommercial@fennwright.co.uk