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Unit 18, Culver Square Culver Square, Colchester, CO1 1JQ

1,569 sq ft
Use Class

Use Class

E

Size

Size

1,569 sq ft

Rent pa

Rent pa

POA

Colchester is one of the principal retail centres in Essex, benefiting 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 within Culver Square and are adjacent to the new Clarks store. Other major retailers represented including Schuh, Tiger, H&M, TK Maxx, Hotel Chocolat, Debenhams, JD and Pandora.

Please refer to the attached copy of the street traders plan for further details.

Accommodation

1,569 Sq.Ft

The unit is arranged over ground floor only, providing the following approximate net floor areas:

Areas
Sq.Ft
Sq.M
Ground Floor
1,386
128.75

Financial

Lease Type

New Lease

Lease Term

The premises are available 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

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 £8,000 per annum.

Business Rates

The unit has recently been subdivided and therefore interested parties are advised to make their own enquiries with the local rating authority as the unit is yet to be reassessed.

Sustainability

A full EPC has been commissioned and is available upon request.

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 05/03/2024