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For Sale: £330,000
9-10 Kings Court, Newcomen Way, Colchester, Essex, CO4
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Area
1132 - 2264Sq Ft
9 & 10 Kings Court consists of a pair of modern semi-detached single storey offices which have double glazed windows, brick elevations, and a pitched and tiled roof. Each office has its own front door, open plan office area, partitioned meeting room/office, two WCs (one accessible) and a tea point. The offices feature a suspended ceiling with recessed lighting and ceiling mounted cassettes which provide heating and cooling (not tested). There is perimeter trunking in part for power/network sockets along with carpeting, intruder alarm and fire alarm.
Note: The accessible WC in Office 10 has been converted in to an air-conditioned server room with high speed fibre internet connection.
Twelve car parking spaces, six for each office, are provided on site along with some unallocated estate visitor car parking spaces.
ACCOMMODATION
[Approximate Net Internal Floor Areas]
Office 9 1,132 sq ft [105.2 sq m] approx.
Office 10 1,132 sq ft [105.2 sq m] approx.
TERMS
The premises are available For Sale Freehold at £330,000 plus VAT each or £650,000 plus VAT combined.
The vendor may consider a letting, subject to lease terms and covenant.
Note: The premises are currently tenanted with a lease expiry date of 31st March 2025, upon which time vacant possession will be provided. Further information to be made available upon request.
SERVICE CHARGE
A service charge will be applicable to cover costs of the maintenance of the estate communal areas, parking areas, landscaping and lighting.
Approximate cost, for both offices, for the current year is £1,169.44 plus VAT (£584.72 per office), payable on account.
BUSINESS RATES
We are advised that the premises have a combined rateable value, with effect from the 1st April 2023, of £33,750.
Therefore estimated rates payable of approximately £16,841 for the current year. Interested parties are advised to make their own enquiries.
ENERGY PERFORMANCE CERTIFICATE [EPC]
We have been advised that the premises fall within class B (47) of the energy performance assessment scale.
A full copy of the EPC assessment is available upon request.
VAT
VAT will be applicable on the rent and service. All rents and prices are exclusive of VAT under the Finance act 1989.
LEGAL COSTS
Each party is to be responsible for their own legal costs.
ANTI-MONEY LAUNDERING REGULATIONS
Anti-Money Laundering Regulations require Fenn Wright to formally verify a prospective tenants identify prior to the instruction of solicitors.
VIEWINGS STRICTLY BY APPOINTMENT
VIA SOLE SELLING AGENTS:
Fenn Wright
T: 01206 854545
E: [email protected]
Features
- Two Single Storey Self Contained Offices (Available Together or Individually)
- Twelve Car Parking Spaces (Six Each) - 1:189 Sq Ft
- Both Open Plan With A Partitioned Office
- Heating & Cooling Via Ceiling Cassettes (Not Tested)
- WC & Tea Point To Each Office
- Easy A12/A120 Access
Floor plan
Map
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9-10 Kings Court, Newcomen Way, Colchester, Essex, CO4
9 & 10 Kings Court consists of a pair of modern semi-detached single storey offices which have double glazed windows, brick elevations, and a pitched and tiled roof. Each office has its own front door, open plan office area, partitioned meeting room/office, two WCs (one accessible) and a tea point. The offices feature a suspended ceiling with recessed lighting and ceiling mounted cassettes which provide heating and cooling (not tested). There is perimeter trunking in part for power/network sockets along with carpeting, intruder alarm and fire alarm.
Note: The accessible WC in Office 10 has been converted in to an air-conditioned server room with high speed fibre internet connection.
Twelve car parking spaces, six for each office, are provided on site along with some unallocated estate visitor car parking spaces.
ACCOMMODATION
[Approximate Net Internal Floor Areas]
Office 9 1,132 sq ft [105.2 sq m] approx.
Office 10 1,132 sq ft [105.2 sq m] approx.
TERMS
The premises are available For Sale Freehold at £330,000 plus VAT each or £650,000 plus VAT combined.
The vendor may consider a letting, subject to lease terms and covenant.
Note: The premises are currently tenanted with a lease expiry date of 31st March 2025, upon which time vacant possession will be provided. Further information to be made available upon request.
SERVICE CHARGE
A service charge will be applicable to cover costs of the maintenance of the estate communal areas, parking areas, landscaping and lighting.
Approximate cost, for both offices, for the current year is £1,169.44 plus VAT (£584.72 per office), payable on account.
BUSINESS RATES
We are advised that the premises have a combined rateable value, with effect from the 1st April 2023, of £33,750.
Therefore estimated rates payable of approximately £16,841 for the current year. Interested parties are advised to make their own enquiries.
ENERGY PERFORMANCE CERTIFICATE [EPC]
We have been advised that the premises fall within class B (47) of the energy performance assessment scale.
A full copy of the EPC assessment is available upon request.
VAT
VAT will be applicable on the rent and service. All rents and prices are exclusive of VAT under the Finance act 1989.
LEGAL COSTS
Each party is to be responsible for their own legal costs.
ANTI-MONEY LAUNDERING REGULATIONS
Anti-Money Laundering Regulations require Fenn Wright to formally verify a prospective tenants identify prior to the instruction of solicitors.
VIEWINGS STRICTLY BY APPOINTMENT
VIA SOLE SELLING AGENTS:
Fenn Wright
T: 01206 854545
E: [email protected]