Retail Property (high street) for sale

Eld Lane, Colchester

Sold STC £175,000

Property Description

Full description

Tenure: Freehold

LOCATION
The property is located in Colchester, a town with a population of approximately 200,000. Colchester is conveniently accessed by the A12 dual carriageway, providing direct access to Chelmsford, 24 miles to the south west, and to Ipswich located 19 miles to the north east.

The premises is located on Eld Lane, a popular retail location close to Lion Walk which includes shops occupied by retailers such as Boots, River Island, New Look and Topshop. Eld Lane occupiers include Simply Nails, Darcy's Traditional Sweets, Innes Colnes, Timpson, Vaping Emporium, Café Sala, Style Essential and Belle Love. The property also benefits from backing onto Vineyard Street public car park.

DESCRIPTION
The two storey retail premises extended to approximately 471 sq ft over ground and first floors. The shop benefits from a frontage of 4.4m and a depth of 5.5m.

TERMS
£14,000 per annum exclusive. To be let by way of a new full repairing and insuring lease for a term to be agreed.
Alternatively, the freehold is available with vacant possession. Guide Price £175,000, subject to contract.

OUTGOINGS
We understand the property has a rateable value of £9,200. We believe the property will benefit from 100% rates relief due to the property having a rateable value less then £12,000. We encourage interested parties to make direct enquiries with Colchester Borough Council Rates Department on 01206 282 300.

VIEWING
Strictly by prior appointment with the Sole Agents, Nicholas Percival, on 01206 563222 or email info@nicholaspercival.co.uk. C5000


More information from this agent

Nearest stations

  • Colchester Town (0.2 mi)
  • Colchester (0.9 mi)
  • Hythe (1.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Nicholas Percival Commercial, Colchester

Beacon End Farmhouse London Road, Stanway, Colchester, CO3 0NQ

01206 916178 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Colchester Town (0.2 mi)
  • Colchester (0.9 mi)
  • Hythe (1.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Nicholas Percival Commercial, Colchester

Beacon End Farmhouse London Road, Stanway, Colchester, CO3 0NQ

01206 916178 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 101551001017. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Nicholas Percival Commercial, Colchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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