28 Eld Lane, Colchester

£24,000.00 / To Let
Address: 28, Eld Lane, Colchester, Essex, CO1 1LS

Property Description

Town Centre Location, Parking Nearby, Retail and Office Accommodation Across Two Floors

The property is prominently located along Eld Lane in Colchester Town Centre. Eld Lane is a popular secondary retail location close to the Lion Walk Shopping Centre, where occupiers include Boots, River Island, Primark, M&S, Costa and the Body Shop.

Eld Lane benefits from close proximity to both the Vineyard Street and Priory Street pay and display car parks. Colchester Town Rail Station is a 0.3 mile walk from the property.

28 Eld Lane, occupied by Simpkins Jewellers, comprises a ground and first floor retail unit, extending to approximately 3,334 sq. ft. The ground floor is open plan in layout, benefitting from spot lights, AC and carpeting. The first floor comprises of office / storage accommodation.

Approximate Floor Areas:
Ground Floor - 1,679 sq. ft. - 115.97 sq. m
First Floor - 1655 sq. ft. - 153.72 sq. m
Total: 3,334 sq. ft. - 309.69 sq. m

The property is available to let from January 2021 by way of a new full repairing and insuring lease. Terms to be agreed.

Rent: £24,000 per annum exclusive plus VAT

The property has a ratable value of £34,750. The small business multiplier is £0.491, therefore the business rates payable are £17,062.28 per annum.
The Local authority is Colchester Borough Council. Tel: 01206 282300

The property has an Energy Performance Rating of D 87.

Strictly by prior appointment with the sole agents Nicholas Percival Chartered Surveyors.
Tel. 01206 563222
Email: info@nicholaspercival.co.uk
Ref. C.5024

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