Double-fronted retail unit on busy road close to Colchester town centre

Double-fronted retail unit on busy road close to Colchester town centre

  • Located to the east of Colchester’s town centre.
  • Double-fronted retail unit with street frontage of some 40 feet.
  • Rear storage rooms of 126 sq. ft. (11.7 sq. m).
  • Off road parking nearby.
  • Total Net Retail Area 511 sq. ft. (47.5 sq. m).
  • Commencing rent £9,500 p.a.x.

TO BE LET  

Property Location

64B, Barrack Street,
Colchester CO1 2LS
Property Specification
Location

The premises are located in Barrack Street, a busy road linking the town centre with the eastern part of Colchester, and the University of Essex at Wivenhoe Park. The property enjoys an extensive frontage of some 40 feet to the road, and is located in front of Wilson Marriage Adult Education Centre. By the entrance to the Centre, there is an area of car parking dedicated to customers of this shop and the adjoining two shops in the parade.

Description

The property comprises the ground floor of a terraced property, of rendered elevations under a pitched tiled roof. There is an extensive glazed shopfront with entrance door, and the retail area is generally open plan.

To the rear of the retail area are two office/storage rooms and two WCs.

There is carpeting/hardwood flooring and electric panel heaters. As previously mentioned, there is off road car parking for visitors to the shop, by the entrance to the Wilson Marriage Adult Education Centre, just a short distance along Barrack Street.

Accommodation

Shop Width                        37/6.

Shop Depth                         14/7 max.

NET RETAIL AREA  511 SQ. FT. (47.5 SQ. M).


Office/Store 1                      61 sq. ft.

Office/Store 2                      65 sq. ft.

Energy Performance Certificate

The previous EPC rating expired in December 2020. The landlord will undertake re-bulbing works prior to a letting which should enable a new rating of "C" to be achieved.

Rateable Value

The property appears in the 2017 Rating List as Shop and Premises with a rateable value of £7,000. Therefore an occupier will potentially qualify for Small Business Rate Relief.

Tenure

The property is offered on a new lease for a term to be agreed, incorporating upward-only rent reviews every 3 years. The commencing rent is to be £9,500 a year exclusive of VAT, rates and all outgoings.

Further information

For further information or to arrange a viewing of this property, please contact the sole agents, Morley Riches & Ablewhite on 01206 505707 - Jon Ablewhite MRICS (jon@mrallp.co.uk).
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Telephone 01206 505707

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