50 High Street, Colchester

High Street - Available

50 High Street, Colchester

Rent

£80,000 per annum exclusive.

Size

9,319 sq ft (866.08 sq m)

Location

Colchester is a commuter town in the South East, it has a large primary catchment area with a population of 457,00 (PROMIS) which ranks the town 50th in the UK.  The subject property is a ground floor retail unit with upper parts and it occupies a busy location on Colchester High Street.  It is in close proximity to both Lion Walk and Culver Square Shopping Centres.  Nearby occupiers include Robert Dyas, Santander, Paddy Power, M&S and McDonalds.  The property will be available in Quarter 3 2018, subject to Vacant Possession, and further information and floor plans are available upon request.

Accommodation
Ground Floor 2,450 sq ft 227.70 sq m
First Floor 2,578 sq ft 239.59 sq m
Second Floor 2,475 sq ft 230.02 sq m
Third Floor 1,816 sq ft 168.77 sq m
Total 9,319 sq ft 866 sq m
Rates
Rateable Value £62,500 (2017)
UBR 0.479 (2017/18)

Interested parties are advised to contact the local authority to confirm their liabilities and any transitional relief.

Lease Term

Available by way of a new 10 year FR&I lease, with a 5th year rent review.

Service Charge

The service charge budget for the year end 31st December 2018 is £17,380.

Timing

Quarter 3 - 2018.

Energy Performance Certificate

B-50. Certificate available upon request.