Elmstead Mark 978 - 3,119 sq ft of Office Space Available in Colchester CO7 7DD

The office accommodation is self-contained and arranged over two floors. There is a large open plan office on the ground floor with a separate tea point and accessible WC to the rear. The first floor is predominantly open plan, with a glass partitioned meeting room, storage area and a single WC.The specification includes LVT flooring, suspended ceilings with recessed LED lighting, perimeter trucking for power and network cabling and wall mounted heating / cooling units (not tested).There are four allocated car parking spaces plus shared visitor spaces available on site.LOCATIONLanswoodpark is prominently located on Broomfield Road, in a countryside setting, approximately four miles to the east of Colchester and within 2.5 miles of the A120 dual carriageway which provides excellent links to the A12/A114 and national motorway network.ACCOMMODATION [Approximate Net Internal Floor Areas] Ground Floor: 471 sq ft [43.8 sq m] approx. First Floor: 534 sq ft [49.6 sq m] approx. Total: 1,005 sq ft [93.4 sq m] approx.TERMS The premises are available to let on a new full repairing and insuring lease, lease length and terms to be agreed (minimum lease term of 3 years), at a rent of £18,950 per annum (plus VAT), payable quarterly in advance.We are advised that VAT is applicable.SERVICE CHARGE / BUILDINGS INSURANCEA service charge is applicable to cover; buildings insurance, maintenance of the estate communal areas, landscaping, lighting, CCTV and car parking areas. Full details available upon request. The approx. cost for the current year £2,600 plus VAT.BUSINESS RATES We are advised that the premises currently have two separate business rating assessments (RV), with effect from the 1st April 2023:Ground Floor: RV £9,100 (£10,000 from 1st April 2026)First Floor: RV £9,500 (£10,500 from 1st April 2026)Combined RV therefore approx. £18,600. (£20,500 from 1st April 2026) We therefore estimate that the rates payable are likely to be in the region of £9,282 per annum for the current year. We recommend all parties make their own direct enquiries with the local rating authority to confirm their liabilities in this regard.ENERGY PERFORMANCE CERTIFICATE [EPC] We have been advised that the premises fall within class B (32) of the energy performance assessment scale. A full copy of the EPC assessment is available upon request. VATAll rents and prices are exclusive of VAT under the Finance Act 1989. Interested parties are advised to consult their professional advisors as to their liabilities, if any, in this direction.LEGAL COSTSEach party will bear their own legal costs. ANTI-MONEY LAUNDERING REGULATIONS Anti-Money Laundering Regulations require Fenn Wright to formally verify a prospective tenants identity prior to the instruction of solicitors. PHOTOGRAPHSPlease note that the images in this listing do not represent the current condition of the premises and are for illustrative purposes only. We highly recommend scheduling a viewing to accurately assess the property. VIEWINGS STRICTLY BY APPOINTMENT VIA SOLE LETTING AGENTS:Fenn WrightT:[use Contact Agent Button]E: [use Contact Agent Button]

Terms The premises are available to let on a new full repairing and insuring lease, on a lease term of five years (incorporating an option to break at the end of the third year), at a rent of £39,995 per annum. Rent is payable quarterly in advance, and we are advised that VAT is applicable. *As a new letting incentive for prospective tenants, the landlords will grant a 6 month rent free period, to be reflected as 3 months at the end of the third year and a further 3 months at the end of the fifth year, provided the tenants do not execute the break clause. This incentive is subject to full lease terms being agreed and subject to a review of the prospective tenants covenant strength.

Terms The premises are available to let on a new full repairing and insuring lease, on a lease term of five years (incorporating an option to break at the end of the third year), at a rent of £39,995 per annum. Rent is payable quarterly in advance, and we are advised that VAT is applicable. *As a new letting incentive for prospective tenants, the landlords will grant a 6 month rent free period, to be reflected as 3 months at the end of the third year and a further 3 months at the end of the fifth year, provided the tenants do not execute the break clause. This incentive is subject to full lease terms being agreed and subject to a review of the prospective tenants covenant strength.