9 Culver Square

Colchester, CO1 1JQ

Size

996sq ft

Rent pa

£65,000

Market Sector

High Street

Description

Colchester is one of the principal retail centres in Essex, benefitting from an estimated shopping population of 246,000 people, and a primary catchment population of 450,000. The town is located approximately 63 miles north east of Central London, 24 miles north east of Chelmsford and 18 miles south west of Ipswich. The premises occupy a prime position along the semi pedestrianised Culver Street West adjacent to Ann Summers and Flying Tiger. Retailers in proximity include Sostrene Grene, Ernest Jones, iStore, Fraser Hart and Hotel Chocolat. Please refer to the attached copy of the street traders plan for further details.

Key Information

Lease Type

New Lease

Lease Term

The premises are available subject to vacant possession on a new effectively full repairing and insuring lease for a term of 10 years, subject to an upward only rent review at the expiry of the 5th year.

Accommodation

996 Sq.Ft/92.50 m²

The unit is arranged over ground floor providing the following approximate net area:

Areas	Sq.Ft	m²
Ground Floor	996	92.53

Rent

Date	Rent
2025-01-01	£65,000

Rates

Year	Rateable Value	UBR p/£	Rates Payable
2025	£34,250	49.9	£17,090

Financial Details

Rent

£65,000 per annum.

Costs

Each party to be responsible for their own legal costs incurred in this transaction.

Service Charge

The current service charge for the financial year is £6,386 per annum.

Downloads

Brochure

9 Culver Square, Brochure

Disclaimer

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.