Ground Floor 7 Kings Court, Newcomen Way, Colchester, CO4 9RA

Location

Very well presented ground floor office / business unit which is accessed via personnel door providing a lobby area and accessible W/C.
The office benefits from suspended ceiling with mixture of LED and fluorescent tube lighting and ceiling mounted cassettes which provide heating and cooling (not tested), aluminum double glazed windows providing good levels of natural light, gas fired central heating throughout (not tested), a tea point facility, and carpeting with integrated floor boxes for power / sockets.
There are five allocated car parking spaces plus shared visitor spaces on site.

ACCOMMODATION
[Approximate Net Internal Floor Areas]

Total: 993 sq ft [92.25sq m] approx.

TERMS
The premises are available to let on a new effective full repairing and insuring lease, with lease length and terms to be agreed, at a rent of £17,500 per annum plus VAT.

SERVICE CHARGE
A service charge will be applicable to cover costs of the maintenance of the estate communal areas, parking areas, landscaping and lighting.
Approximate cost for the current year is £650 plus VAT.

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 £347 (no VAT).

BUSINESS RATES
We are advised that the premises have a rateable value, with effect from the 1st April 2023, of £15,000.
We therefore estimate that the rates payable are likely to be in the region of £7,485 per annum.

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

ENERGY PERFORMANCE CERTIFICATE [EPC]
We have been advised that the premises fall within class C (54) of the energy performance assessment scale.
A full copy of the EPC assessment and recommendation report is available upon request.

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

LEGAL COSTS
Each party will bear their own legal costs.

Summary

Key points

• Ground Floor Self Contained Office
• Heating & Cooling Throughout
• Tea Point & W/C Facility
• Five On Site Parking Spaces
• Easy A12 / A120 Access
• Located On The Popular Severalls Industrial Park
• Contact

Fenn Wright
Tel: 01206 854545
Edward Nolan
ejn@fennwright.co.uk

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