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Unit 23, Culver Street West Culver Square, Colchester, CO1 1JQ
Agents
Green & Partners
Anita Briant
Matt Beardall
Mike Willoughby
Knight Frank
David Legat
Asset Managers
M&G Real Estate
Will Allan
Owner
M&G Real Estate
Scottish Amicable
Use Class
E(c)
Size
2,260 sq ft
Rent pa
POA
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 Hotel Chocolat, JD, Ernest Jones and Caffe Nero.
Please refer to the attached copy of the street traders plan for further details.
Accommodation
2,260 Sq.Ft
The unit is arranged over ground and first floors providing the following approximate net dimensions and floor areas:
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
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 £12,751 per annum.
Business Rates
We have been informed by the Valuation Office Agency of the following rating information: Rateable Value £52,500 UBR (24/25) 0.546p All parties are to advised to make their own enquires to the relevant authority.
Rates
Sustainability
Energy Performance Certificate
Energy Performance Certificate Information
The property has an EPC rating of E 53. A full report is available upon request.
This unit is part of Culver Square
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 Superdry, 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.
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.
All data ©2024 Completely Property Technology Limited
This was last updated on 10/04/2024