1 Villa Road, Stanway, Colchester

£39,500.00 / To Let
Address: 1, Villa Road, Stanway, Colchester, CO3 0RH

Property Description

6,725 sq ft Retail/Showroom premises with onsite parking located in the busy and affluent Stanway, Colchester area

LOCATION
The property is located along Villa Road, just off London Road in Stanway between Tolgate Retail Park and Colchester Town Centre. Approximately ½ mile from the A12 junction adjoining the affluent residential areas of West Colchester.

The property is situated amongst other neighbouring users to include Martin McColl Newsagents, Essex County Council Library, Tandoori Villa and First Choice Windows together with the close proximity of Stanway Primary and Junior Schools.

DESCRIPTION
The property comprises 6,275 sq. ft. of open plan showroom accommodation across ground (4,345 sq. ft.) and first floor 1,930 sq. ft.), benefitting from kitchen and WC facilities, as well as a car park to the rear for approximately 10 cars.

TERMS
£39,500 per annum exclusive plus VAT. To be let by way of a new effective full repairing and insuring Lease for a term to be agreed.

OUTGOINGS
We understand that the property has a rateable value of £26,000. The Uniform Business Rate Multiplier for the year 2017/18 is 0.479 giving a rates payable of £12,454 per annum.

PLANNING
The property currently benefits from A1 Retails consent. However it may be possible to obtain planning for different uses such as restaurant, leisure, clinical, medical or other alternative non-conforming uses, subject to planning.

VIEWING
Strictly by prior appointment with the sole Agents Nicholas Percival Chartered Surveyors on 01206 563222 or e-mail info@nicholaspercival.co.uk

C.3737

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