Property Features

Location:
Eld Lane, Colchester, CO1 1LS
39 Eld Lane, Colchester CO1 1LS
To Let £18,750 Per Annum
Property Type
A1 � Centre / A1 Centre

About the Property

    LOCATION
    Colchester is served by the A12 trunk road which provides a dual carriageway link to the A120, M11, M25 and A14 road networks and also benefits from being on the mainline between the Capital and Norwich with journey times of approximately 60 minutes to London Liverpool Street station.

    The property is found on Eld Lane, a pedestrianised street in the south-west corner of the City centre. Eld Lane is a popular secondary retail location close to Lion Walk which includes shops occupied by retailers such as Boots, River Island, New Look, the Body Shop, Costa Coffee and istore.

    Eld Lane benefits from its close proximity to both the Vineyard Street Pay & Display Car Park to the rear, accessible via steps and a lift, as well as the Priory Street Pay & Display Car Park which is only a short walk away.

    DESCRIPTION
    The property comprises a single-storey, end-terrace, retail shop of brick construction beneath a pitched tile roof, currently fitted out as hair salon. The premises has glazed timber shop frontage on to Eld Lane. The ground floor is arranged to provide an open plan, shop floor with salon chairs plumbed in at the rear. Stairs lead to the first floor which has been used for storage/office space and also provides kitchenette facilities. There is a fire exit to the rear.

    Internally, the property has tiled ground floor with spotlighting and electric storage heaters. At the rear is a sink, and three plumbed in basins for hair washing.

    ACCOMMODATION
    Ground Floor

    Frontage 4.78m
    Depth 10.14m2

    Zone A 32.35m2
    Zone B 20.06m2

    First Floor

    Store 8.90m2
    Kitchen 2.16m2
    WC

    Total Floor Area (NIA) = 63.47m2 (683 sq. ft.)
    Total Floor Area (ITZA) = 43.49m2 (468 sq. ft.)

    TERMS
    The property is available to let by way of a new effective, full repairing and insuring lease for a term of years to be agreed at a passing rent of £18,750 per annum exclusive.

    OUTGOINGS
    The property has a rateable value of £15,250.

    Interested parties are advised to make their own enquiries with Colchester City Council Rates Department.

    VAT
    The property is not elected for VAT therefore VAT is not applicable to the rent.

    LEGAL COSTS
    Each party is to be responsible for their own legal fees in relation to any transaction.

    OTHER
    EPC
    The property has an EPC rating of C 52.

    A copy of the certificate is available on the GOV.UK Non-Domestic Energy Performance Certificate Register.

    39 Eld Lane, Colchester CO1 1LS

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