Clarendon Way, Colchester, Essex, CO1 1XF 01206 85 45 45 Established D1 Premises With Very Generous Car Parking • Substantial Building On Approx. 0.9 Acre Site • Predominantly Open Plan Layout • Main Line Railway Station Within Walking Distance • Close To Wickes & Turner Rise Retail Park • Very Generous On Site Car Parking, Approx. 90 Spaces For Sale £1,500,000 12,479 sq. ft (1,157.4 m²) 882 The Crescent, Colchester Business Park, Colchester, Essex, CO4 9YQ
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Established D1 Premises With For Sale Very Generous Car Parking … · 2020. 5. 18. · Everlast Gym and Childsplay Children's Nursery. Description A substantial semi detached premises
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Clarendon Way, Colchester, Essex, CO1 1XF
01206 85 45 45
Established D1 Premises With Very Generous Car Parking
• Substantial Building On Approx. 0.9 Acre Site
• Predominantly Open Plan Layout
• Main Line Railway Station Within Walking Distance
• Close To Wickes & Turner Rise Retail Park
• Very Generous On Site Car Parking, Approx. 90 Spaces
For Sale £1,500,000
12,479 sq. ft (1,157.4 m²)
882 The Crescent, Colchester Business Park, Colchester, Essex, CO4 9YQ
Location
Well located in the centre of Colchester, Essex on
Clarendon Way, accessed via the A134. Approx.
1.5 miles from the A12 trunk road within walking
distance of Colchester Town Centre and
Colchester North Train Station (London Liverpool
St just 50 mins). Nearby occupiers include; Wickes,
Everlast Gym and Childsplay Children's Nursery.
Description
A substantial semi detached premises of steel
frame construction, with brick elevations, and a
tiled roof. Approx. height to the underside of the
steel roof trusses 4m and 5.5m to the underside of
the roof. The accommodation is predominantly
open plan with a restaurant area, kitchen, two party
rooms and a first floor staff room and play area.
Plumbing provisions will be provided for the
installation of W/C’s. The utilities will also require
sub-metering or separate supplies are to be
provided (to be confirmed).
There is very generous onsite parking for around
90 cars.
Accommodation
(Approximate gross internal measurements)
Terms
The premises are to be sold freehold at £1,500,000
plus VAT.
Alternatively the landlord will consider a letting on a
new full repairing lease, lease length and terms to
be agreed, at a rent of £120,000 per annum plus
VAT.
Service Charge
We are advised that there is no service charge
applicable.
Business Rates
We have been informed that the rateable value is
£64,500. We estimate that the rates payable are
likely to be in the region of £32,000 per annum.
Interested parties are advised to make their own
enquiries with the local rating authority to confirm
their liabilities.
Planning
We are advised that the premises benefit from a
D2 (assembly & leisure) planning consent. The
premises has been used as a Children's Play
Centre for the last 20+ years. Interested parties are
advised to make their own enquiries direct with
Colchester Borough Council.
Energy Performance Certificate (EPC)
A full copy of the EPC assessment and
recommendation report will shortly be available
from our office upon request.
VAT
All rents and prices are exclusive of VAT under the
Finance Act 1989. Interested parties are advised to
consult their professional advisors as to their
liabilities, if any, in this direction.
Legal Costs
Each party will bear their own legal costs involved