Executive Summary
- Vacant ground floor unit located in the heart of Colchester town centre
- Approximately 1,207 square feet (112.2 square metres)
- Available with a new lease and no premium
- EPC Rating – D
Location
The property is located on Long Wyre Street, in the heart of Colchester Town shopping district. Colchester is the largest settlement in Essex and is famed for being the first major city in Roman Britain. It is 50 miles (80 kilometers) northeast of London and is connected to London by the A12 and the Great Eastern Main Line railway. London Liverpool Street station can be reached in just over an hour from either Colchester Town station which is 0.4 miles away or Colchester station which is 1 mile away. The area is well served by buses.
Please note all times and distances given are approximate only.
Description
A ground-floor commercial unit arranged over ground floor only. The property measures 1,207 square feet (112.2 square metres) and benefits from glazed frontage, shutters, and suspended ceiling.
Please note that the sizes given are approximate only and sizes have been obtained from the VOA. All interested parties are advised to rely on their own inspection and survey.
Business Rates
2024 Ratable Value: £24,250
UBR (2024/25): 49.9p/£
Rates Payable: £12,100.75
These figures have been provided by the VOA. All interested parties are advised to make their own enquiries to confirm the accuracy of these figures with the Colchester City Council business rates department.
Terms
The property is available with a new lease at £25,000 per annum with further terms to be agreed. All negotiations are strictly subject to contract.