LOCATION
The property is situated along the busy London Road, linking the A12 trunk road (0.5 miles) with Colchester Town Centre (3 miles). The property is located in a prominent, mixed commercial and residential area, benefiting from main road frontage to London Road and immediately to the east of Tollgate Retail Park, Stanway.

Nearby occupiers include Hobbycraft, Marks and Spencer, B&Q, Sainsburys Superstore, Fine & Contry Estate Agents and Nicholas Percival Surveyors, to name a few.

DESCRIPTION
The property comprises a Grade II listed, timber frame building, with weather board elevations under a pitched peg tile roof. Internally there are exposed oak beams, LED lighting, carpeting throughout and gas central heating. The ground floor comprises open plan accommodation with additional entrance hall, meeting room, WC and kitchen facilities. The first floor also benefits from WC and kitchen facilities. The property benefits from seven allocated car parking spaces.

The property extends to approx. 2,130 sq. ft. over ground and first floors, currently occupied by The Wow Centre and Bromak Recruitment before then.

The Wow Centre, who currently operate baby / toddler sensory groups and classes, would be open to discussions in respect of selling their business or any of their equipment by way of separate negotiation.

TERMS
The property is available To Let by way of a new full repairing and insuring lease, terms to be agreed, at a passing rent of £29,500 per annum exclusive. The Lease is to be contracted outside sections 24 – 28 of the Landlord & Tenant Act 1954.

OUTGOINGS
The Rateable Values of the premises have been split between Ground and First floor. The first Floor has a Rateable Value of £17,750 and the ground floor has a Rateable Value of £9,100.
Interested parties should make contact with Colchester Borough Council Business Rates department.

LEGAL COSTS
Each party to bear their own legal costs.

Anti-Money Laundering
In accordance with regulations, Nicholas Percival will require formal identification, proof of residence, and verification of source of funds from all prospective tenants prior to instructing solicitors.

Administrative Fee
Upon agreement of Heads of Terms and prior to solicitors being instructed, the prospective tenant will be required to pay an administration fee of £250 + VAT to cover referencing and associated costs.

VIEWING
Strictly by prior appointment with the sole Agents Nicholas Percival Chartered Surveyors.
T: 01206 563222 E: info@nicholaspercival.co.uk C. 3616