Unit 17 Culver Square, Colchester, CO1 1JQ

Under Offer
Use Class

Use Class

E

Size

Size

2,562 sq ft

Rent pa

Rent pa

£130,000

Description

Colchester is one of the principal retail centres in Essex. 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 within Culver Square, in proximity to Costa Coffee. Fraser Hart and TK Maxx.

Other major retailers represented in the scheme include H&M, Superdry, Schuh, Ernest Jones and JD Sports.

Accommodation

2,562 Sq.Ft

The unit is arranged over ground and first floors, providing the following approximate gross internal floor areas:

Areas
Sq.Ft
Sq.M
Ground Floor
1,466
136.2
First Floor
1,096
101.8

Financial

Lease Type

Existing Lease

Lease Term

The premises are available on an effectively full repairing and insuring lease for a term of years to be agreed.

Rent

Upon application.

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 £14,681 per annum.

Business Rates

We have been informed by the Valuation Office Agency of the following rating information: Rateable Value £91,500 UBR (24/25) 0.546p All parties are to advised to make their own enquires to the relevant authority.

Rates

Rateable Year:
2024
Rateable Value:
£91,500.00
UBR:
54.6p/£

Sustainability

A full report is available upon request.

This unit is part of Culver Square

Featured

Culver Square

Culver Square is an open shopping scheme located between Culver Street West, Head Street, St. John's Street and Trinity Street. Culver Square is one of the town’s prime retail centres, with key anchors including H&M and TK Maxx. Other major brands include Hotel Chocolat, Flying Tiger and Smiggle. Culver Square is surrounded by a number of national retailers, including Fenwick (Williams & Griffin), Marks & Spencer, Karen Millen, Phase Eight and Fat Face. The scheme links directly onto Sir Isaacs Walk, an historic specialist retailing location home to a unique mix of aspirational and quality independent retailers, which links Culver Square with Lion Walk.

Knight FrankGreen & Partners
M&G Real Estate logo

Misrepresentation Notice

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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This was last updated on 15/11/2024