St John's Wynd

Description

The property comprises a fully glazed ground floor retail unit with first floor storage/office.
Asking Terms
The property is available by way of a new Full Repairing and Insuring (FRI) lease by way of a service charge for a term of years to be agreed, incorporating periodic upward only rent reviews.

Asking Rent
£7,500 per annum inclusive of Service Charge and Insurance but exclusive of Business Rates, VAT and all other outgoings.

VAT
The property is elected for VAT.

Rateable Value
The property appears in the Valuation List with a Rateable Value of £8,500. Small business rates relief may apply.

Town Planning
We are advised that that the property benefits from a Class E (Retail) Use. Interested parties should make their own investigations with Colchester Borough Council on 01206 282222.

Legal Fees
Each party is to bear their own legal costs throughout the course of any transaction.

EPC
The property has a current EPC rating of C55.