14-16 Long Wyre Street, Colchester, Essex, CO1 1LH fileexterior decorations (excluding shop front),...

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14-16 Long Wyre Street, Colchester, Essex, CO1 1LH Commercial - Essex 01206 216 565 Double fronted retail unit in busy shopping precinct To Let £25,000 per annum exclusive Available immediately Suitable for alternative uses, subject to planning 398.3 sq m (4,287 sq ft) EPC Rating: C-56

Transcript of 14-16 Long Wyre Street, Colchester, Essex, CO1 1LH fileexterior decorations (excluding shop front),...

14-16 Long Wyre Street, Colchester, Essex, CO1 1LH

Commercial - Essex

01206 216 565

Double fronted retail unit in busy shopping precinct

To Let

£25,000 per annum exclusive Available immediately Suitable for alternative uses,

subject to planning

398.3 sq m (4,287 sq ft) EPC Rating: C-56

Location

The premises are situated on a highly prominent corner

location at the junction of the busy pedestrian

thoroughfares Long Wyre Street and Priory Walk, in the

heart of Colchester Town Centre, in close proximity to

the main bus station and new Visual Arts Facility.

The Priory Walk shopping precinct comprises twenty

units of varying sizes set in a domestic street

environment. Many national and regional retailers are

located in this scheme and along Long Wyre Street to

include, but not exclusively; Sainsbury’s, Peacocks,

William Hill, Greggs, Cancer Research, Day Lewis

Pharmacies, Argos, CEX and Holland & Barrett.

Description

The property comprises a prominent corner retail unit

with further retail and storage accommodation above.

The building benefits from A1 retail use, a glazed dual

frontage with covered doorway leading to a good sized

sales area.

Internally, the unit comprises a sales area on the ground

floor, there is further retail and storage accommodation

upstairs along with staff WC and kitchen facilities. There

is access from the rear of the building.

Accommodation

The accommodation is configured to the previous

tenant’s preferences and there is scope to significantly

improve the retail sales area, if required. Otherwise the

existing layout offers:

Gross Frontage: 44’ 4” 13.51 m

Net Frontage: 42’ 2” 12.08 m

Return Frontage: 57’ 2” 17.42 m

Ground Floor: 2,510 sq ft (233.18 sq m)

FF Store, Staff & Office: 1,777 sq ft (165.12 sq m)

Female & Male WCs

TOTAL NIA 4,287 sq ft (398.30 sq m)

The property offers full height double glazing on both

public profiles with pedestrian access points directly on

to both Long Wyre Street and Priory Walk.

Mains Services

We understand that mains water, electricity and

drainage are connected. Interested parties will need to

undertake their own checks as to the efficiency and

suitability of the installations for their purposes.

Business Rates

From enquiries with the Local Rating Authority we

understand that the premises are assessed as follows:

Rateable value £56,000

Approx. rates payable (2018/19) £27,608 pa

Local Authority

Colchester Borough Council

T: 01206 282222

Terms

The premises are available by way of an effective full

repairing and insuring lease for a term of years to be

agreed at an initial rent of £25,000 per annum.

A service charge will be levied on the tenant to cover

exterior decorations (excluding shop front), maintenance

of the shop’s structure, cleaning and maintenance of the

shopping precinct’s pedestrian walkway and rear service

area. Further details available upon application.

VAT

The premises are elected to VAT which will be charged

at the prevailing rate.

Viewing Strictly by prior appointment with the joint agents:

Fenn Wright

1 Tollgate East, Stanway, Colchester, CO3 8RQ

Contact:

James Angel [email protected]

01206 216 558

Jonathan Reubin

2B Church Walk, Colchester CO1 1NH

Contact:

Jonathan Reubin [email protected]

01206 760 663

Details

Particulars for 14-16 Long Wyre Street, Colchester, Essex, CO1 1LH

Particulars for 14-16 Long Wyre Street, Colchester, Essex, CO1 1LH

Not to scale—for illustrative purposes only

Particulars for 14-16 Long Wyre Street, Colchester, Essex, CO1 1LH

Fenn Wright is the region’s leading, independently owned firm of

chartered surveyors, estate agents and property consultants.

We are trusted property experts in Essex and Suffolk and our

branch network is conveniently located along the A12 corridor in

and around Chelmsford, Colchester and Ipswich.

Our business divisions specialise in:

Commercial sales, lettings and professional advice

Development, planning and new homes

Residential sales, lettings and premium property

Agricultural property advice, farms and land, fisheries (UK-wide)

Equestrian property (UK-wide)

Mortgage valuations, homebuyer report, building surveying.

Everyone at Fenn Wright takes pride in using their expert local

knowledge and professional know-how to provide an industry-leading

level of service that delivers results for our clients time and time again.

Our commercial expertise includes;

Sales, letting and acquisition

Commercial valuation services

Property management

Rent reviews & lease renewals

Surveys & building consultancy

Business rates

Dispute resolution services

Corporate recovering & insolvency

For further information

01206 216 565 fennwright.co.uk Fenn Wright for themselves and for the vendors or lessors of this property whose agents they are give

notice that:

i. The particulars are set out as a general outline for the guidance of intending purchasers or lessees;

and do not constitute, nor constitute part of, an offer or contract.

ii. All descriptions, dimensions, references to condition and necessary permissions for use and

occupation, and other details are given in good faith and are believed to be correct but any

intending purchasers or lessees should not rely on them as statements or representations of fact but

must satisfy themselves by inspection or otherwise as to the correctness of each of them.

iii. The vendor or lessor does not make or give, and neither Fenn Wright nor any person in their

employment has the authority to make or give, any representation or warranty whatsoever in

relation to this property.

iv. All statements contained in these particulars as to this property are made without responsibility on

the part of Fenn Wright or the vendor/lessor.

v. All quoting terms may be subject to VAT at the prevailing rate from time to time.

vi. Fenn Wright have not tested any electrical items, appliances, any plumbing or heating systems and

therefore, cannot give any warranty or undertaking as regards their operation or efficiency.

Fenn Wright have Essex and Suffolk

covered