FOR SALE Retail Investment For Sale 2,415 sq ft (224.35 sq m ...
PROPERTY DETAILS Investment Sale 13/14 Short Wyre Street, Colchester, Essex CO1 1LN
FOR SALE Retail Investment For Sale 2,415 sq ft (224.35 sq m) 2,415 sq ft (224.4 sq m) Floor Areas Current Rental Income - £24,000pax rising to £28,000pax Of Interest To Investors And Owner Occupiers Town Centre Location
01206 577667 | [email protected] | whybrow.net |
@whybrowproperty
PROPERTY DETAILS Location
Terms
Colchester is a major economic centre in Essex with a resident population of 185,000 people. The town benefits from excellent road and rail communications with a fastest journey time to London Liverpool street of 52 minutes.
No. 13 Let to Ebele Haughey from 15/12/2016 to 14/12/2019 at £9,000 pax rising to £13,000 pa on 25/12/2017 subject to a mutual break clause on 26.06.2017 and 24.06.2018 on not less than 3 months notice.
Comprising adjoining retail properties, the buildings are situated in a pedestrianised area on the eastern edge of the town centre, close to Eld Lane, Long Wyre Street and the Lion Walk shopping centre.
No.14 Let to Neil Dobson from 24/01/2014 to 23/01/2019 at £15,000 pax.
Price Freehold offers of £360,000 are invited for this valuable interest, subject to the two occupational leases.
VAT All prices quoted are exclusive of Value Added Tax which may be applicable.
Legal Fees
Description The properties are situated on one of the main pedestrianised shopping streets of Colchester town centre and are of brick two storey construction beneath pitched roofs offering ground floor sales and first floor storage areas.
Accommodation According to our calculations the accommodations has the following Nett Internal Areas: No. 13 Ground Floor Sales Area First Floor Stock Area Nett Area
605 sq ft 370 sq ft 975 sq ft (90 sq m)
No. 14 Ground Floor Sales Area 695 sq ft First Floor Stock Area 745 sq ft Nett Area 1,440 sq ft (133.8 sq m)
Each party is to bear their own legal costs incurred during the course of any transaction.
Planning The subject properties have a Class A1 (retail) use. Interested parties should make their own investigations of Colchester Borough Council.
Business Rates We are advised that both properties appear in the 2017 Valuation List with a Rateable Value of £13,750. Interested parties are advised to make their own enquiries with the Local Authority regarding their Business Rates liability.
Energy Performance Certificate The property is to be assessed.
For viewings and further details please contact
Ewan Dodds
Daniel Keen
[email protected] 01206 577667
[email protected] 01206 577667
FOR SALE Retail Investment For Sale 2,415 sq ft (224.35 sq m) 2,415 sq ft (224.4 sq m) Floor Areas Current Rental Income - £24,000pax rising to £28,000pax Of Interest To Investors And Owner Occupiers Town Centre Location
01206 577667 | [email protected] | whybrow.net |
@whybrowproperty
PROPERTY DETAILS Location
Terms
Colchester is a major economic centre in Essex with a resident population of 185,000 people. The town benefits from excellent road and rail communications with a fastest journey time to London Liverpool street of 52 minutes.
No. 13 Let to Ebele Haughey from 15/12/2016 to 14/12/2019 at £9,000 pax rising to £13,000 pa on 25/12/2017 subject to a mutual break clause on 26.06.2017 and 24.06.2018 on not less than 3 months notice.
Comprising adjoining retail properties, the buildings are situated in a pedestrianised area on the eastern edge of the town centre, close to Eld Lane, Long Wyre Street and the Lion Walk shopping centre.
No.14 Let to Neil Dobson from 24/01/2014 to 23/01/2019 at £15,000 pax.
Price Freehold offers of £360,000 are invited for this valuable interest, subject to the two occupational leases.
VAT All prices quoted are exclusive of Value Added Tax which may be applicable.
Legal Fees
Description The properties are situated on one of the main pedestrianised shopping streets of Colchester town centre and are of brick two storey construction beneath pitched roofs offering ground floor sales and first floor storage areas.
Accommodation According to our calculations the accommodations has the following Nett Internal Areas: No. 13 Ground Floor Sales Area First Floor Stock Area Nett Area
605 sq ft 370 sq ft 975 sq ft (90 sq m)
No. 14 Ground Floor Sales Area 695 sq ft First Floor Stock Area 745 sq ft Nett Area 1,440 sq ft (133.8 sq m)
Each party is to bear their own legal costs incurred during the course of any transaction.
Planning The subject properties have a Class A1 (retail) use. Interested parties should make their own investigations of Colchester Borough Council.
Business Rates We are advised that both properties appear in the 2017 Valuation List with a Rateable Value of £13,750. Interested parties are advised to make their own enquiries with the Local Authority regarding their Business Rates liability.
Energy Performance Certificate The property is to be assessed.
For viewings and further details please contact
Ewan Dodds
Daniel Keen
[email protected] 01206 577667
[email protected] 01206 577667
