Elmstead Mark 220 - 2,334 SF of Office Space Available in Colchester CO7 7DD

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.

The offices are finished to a high specification, featuring LVT flooring, suspended ceilings with recessed LED lighting, perimeter trunking for power and network cabling, and wall-mounted heating/cooling units (not tested). Occupiers also benefit from access to an on-site café. Additionally, there are parking spaces within the shared visitor car park availableLOCATIONLanswoodpark 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 Suite 3: 220 sq ft [20.4 sq m] approx.£7,995 pa (plus VAT)TERMS The offices are available to let on new five year leases, incorporating a break option at the end of the first year (min. 3 months notice) and the end of the third year (min. 6 months notice), with a rent review at the end of the second year. Rents as outlined above.Shorter lease lengths are available, subject to contact. Please enquire for further detailsWe are advised that VAT is applicable. BUSINESS RATES The majority of suites have been individually assessed, therefore tenants are encouraged to contact the business rates department to confirm their liabilities.For rateable values below £12,000 100% rate relief may be available, subject to eligibility. We recommend all parties make their own enquiries with the local rating authority.SERVICE CHARGE/ BUILDINGS INSURANCEA service charge is applicable, for non-serviced office occupiers, to cover; maintenance and upkeep of the communal areas, exterior lighting, security, car park, landscaping and building insurance. The cost for this is included in the rent.ENERGY PERFORMANCE CERTIFICATE [EPC] We have been advised that the premises fall within class A (25) 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.VIEWINGS STRICTLY BY APPOINTMENT VIA SOLE LETTING AGENTS:Fenn WrightT:[use Contact Agent Button]E: [use Contact Agent Button]

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.