Eld Lane, Colchester, Essex, CO1 1LS
£22.82 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
699 sq ft
65 sq m
- SECTOR
High street retail property to lease
- USE CLASSUse class orders: Class E
E
Lease details
- Lease available date:
- Ask agent
Key features
- Prime Retail Location with Good Footfall and nearby Car Parks.
- E Class Use
- Available To Let by way of a new effective, full repairing and insuring lease.
Description
The City has a substantial catchment population estimated in the region of 300,000 which extends over a densely populated rural area being bound by Ipswich circa 18 miles to the north-east, Braintree 16.5 miles to the west and Chelmsford 24 miles to the south-east respectively.
The property is found on Eld Lane, a pedestrianised street in the south-east corner of the City centre. Eld Lane is a popular secondary retail location close to Lion Walk which includes shops occupied by retailers such as Boots, River Island, New Look, the Body Shop, Costa Coffee and Apple.
Eld Lane benefits from its close proximity to both the Vineyard Street Pay & Display Car Park to the rear, accessible via steps and a lift, as well as the Priory Street Pay & Display Car Park which is only a short walk away.
DESCRIPTION
The Grade II listed property comprises a late 18th / early 19th century, two-storey shop premises of brick construction with painted elevations beneath a tiled roof. The frontage has two sash windows with glazing bars. The property is structurally connected to the visible remains of the Roman Town Wall.
The current fit out is a salon/hairdresser however as the tenant is at the end of their lease the property will be empty by March 2024. The installation of the new fit out will be the responsibility of any new tenant. Alternative uses are considered.
ACCOMODATION
Ground Floor
Frontage 7.70m
Depth 5.92m
Zone A 43.99m2 (473 sq. ft.)
First Floor
Retail/Store 13.29m2
Kitchen 4.70m2
WC
17.99m2 (194 sq. ft.)
Total Floor Area (NIA) = 61.97m2 (667 sq. ft.)
Total Floor Area (ITZA) = 45.75m2 (483 sq. ft.)
ENERGY PERFORMANCE CERTIFICATE
The property has an EPC rating of E. A copy of the certificate is available on the GOV.UK Non-Domestic Energy Performance Certificate Register.
RATEABLE VALUE | BUSINESS RATES
The property has a rateable value of £14,000.
The property has a rateable less than £15,000 therefore occupiers may be able to benefit from partial small business rate relief. Interested parties are advised to make their own enquiries with the Colchester Council Rates Department.
TERMS
The property is available to let by way of a new effective, full repairing and insuring lease for a term of years to be agreed at a passing rent of £15,950 per annum exclusive.
VIEWING
Strictly by prior appointment with the sole agents, Nicholas Percival Chartered Surveyors. FAO Max Copeland
REF: C5715
Brochures
Eld Lane, Colchester, Essex, CO1 1LS
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Colchester Town Station0.2 miles
- Colchester Station0.9 miles
- Hythe Station1.2 miles
About Nicholas Percival Commercial, Colchester
Beacon End Farmhouse London Road, Stanway, Colchester, CO3 0NQNotes
Disclaimer - Property reference C57151. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Nicholas Percival Commercial, Colchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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