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Marketed by
9 Culver Square Colchester, CO1 1JQ
Use Class
E
Size
996 sq ft
Rent pa
£65,000
Market Sector
High Street Scheme
Description
Colchester is one of the principal retail centres in Essex, benefitting from an estimated shopping population of 246,000 people, and a primary catchment population of 450,000. The town is located approximately 63 miles north east of Central London, 24 miles north east of Chelmsford and 18 miles south west of Ipswich. The premises occupy a prime position along the semi pedestrianised Culver Street West adjacent to Ann Summers and Flying Tiger. Retailers in proximity include Sostrene Grene, Ernest Jones, iStore, Fraser Hart and Hotel Chocolat. Please refer to the attached copy of the street traders plan for further details.
Accommodation
996 Sq.Ft
The unit is arranged over ground floor providing the following approximate net area:
Downloads
Financial
Lease Type
New Lease
Lease Term
The premises are available subject to vacant possession on a new effectively full repairing and insuring lease for a term of 10 years, subject to an upward only rent review at the expiry of the 5th year.
Rent
£65,000 per annum.
Costs
Each party to be responsible for their own legal costs incurred in this transaction.
Service Charge
The current service charge for the financial year is £6,386 per annum.
Business Rates
We have been informed by the Valuation Office Agency of the following rating information: Rateable Value £34,250 UBR (25/26) 0.499p All parties are to advised to make their own enquires to the relevant authority.
Rates
Sustainability
A full report is available upon request.
Disclaimer
All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.
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