First Floor, North Hill, 28, Colchester, CO1 1EG

Location

The offices are located on the first floor and have recently been refurbished.
The property benefits from W/C and kitchen facilities, an air conditioning system, good natural and artificial lighting, and will benefit from re-decoration.

One car parking space is allocated to the offices, located at the rear of the property.

ACCOMMODATION
[Approximate Net Internal Floor Areas]

First Floor Offices: 672 sq ft [62.47 sq m] approx.

TERMS
The premises are available to let on a new flexible lease, with lease length and terms to be agreed, subject to a minimum lease term of six years, with a tenant-only break after 3 years, at a rent of £9,000 per annum (no VAT) .

BUSINESS RATES
We are advised that the premises have a rateable value of £7,700.

For rateable values below £12,000, 100% small business rate relief may be available, subject to eligibility.
We recommend all parties make their own direct enquiries with the local rating authority.

BUILDINGS INSURANCE
The buildings insurance is to be arranged by the landlord with the cost to be recovered from the tenant.
For the current year, the approximate cost is £1,010 plus VAT.

ENERGY PERFORMANCE CERTIFICATE [EPC]
We have been advised that the premises fall within class B (29) of the energy performance assessment scale.
A full copy of the EPC assessment is available upon request.

VAT
We have been advised that VAT is not elected for this property.

REPAIR / SERVICE CHARGE
The new lease will impose an internal repairing liability on the tenant, who will also be responsible for a service charge equating to 25% of the landlord's costs for the external repairs and decoration of the building comprising 26-29 North Hill .

LEGAL COSTS
Each party will bear their own legal costs.

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

Summary

Key points

• Prominent Offices With Car Parking Space
• Immediately Available
• Prominent Location in City Centre
• Flexible Lease Terms Available
• 1 Allocated Car Parking Space
• Air Conditioning
• Contact

Fenn Wright
Tel: 01206854545
Lewis Chambers
colchestercommercial@fennwright.co.uk