Unit 1 Centurion House

£14,950

Guide price

LOCATION Centurion House is located within a popular retail location on St. John's Street, nearby to a busy bus stop and a good range of adjacent uses, making this a popular trading location.

Colchester's largest multi-story car park is located on St Johns Street, opposite Centurion House, with other occupiers including Wilkinson's, Poundland, Oxfam and Coral, as well as other commercial occupier's such as restaurants, takeaways and offices.

Colchester, on the River Colne, has a population of approximately 104,000, and is a major commercial, retail and administrative centre, located some 53 miles north-east of Central London and is home to the University of Essex. The town is serviced by the A12 trunk road, which provides a dual carriageway link to the M25 Motorway and via the A14 dual carriageway to Ipswich and the Port of Felixstowe. There is a rail service to London (Liverpool Street) with journey times of approximately 55 minutes.

DESCRIPTION The unit comprises an end-terraced ground floor A1 retail unit currently arranged as retail accommodation with storage, kitchenette and WC facilities at the rear.

The unit benefits from a full-height goods display window and a frontage onto St Johns Street with its good level of footfall.

ACCOMODATION Ground floor: 104.85 m² (1,129 sq. ft.)

EPC RATING C 60

RATEABLE VALUE We understand that the property has a rateable value of £14,500. The Uniform Business Rate Multiplier for the year 2018/19 is 0.48 giving a rates payable of £6,960 per annum. We would advise interested parties to make direct enquiries with Colchester Borough Council Rates Department on 01206 282222.

TERMS The property is available to let on new effective full repairing and insuring terms for a period of years to be agreed at £14,950 per annum.

An additional service charge and insurance contribution will be levied.

Each party will be responsible for their own legal costs incurred during this transaction.

VIEWING Strictly by prior appointment with the joint sole Agents Nicholas Percival Chartered Surveyors on 01206 563222 or e-mail info@nicholaspercival.co.uk

C.5172

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