2 bedroom commercial property for sale

Hythe Hill, Colchester, Essex

Offers in Excess of £259,995

Property Description

Key features

  • MIXED FREEHOLD INVESTMENT
  • GROUND FLOOR SHOP UNIT
  • TWO BEDROOM F/F MAISONETTE
  • GROSS INCOME £1400 P/MONTH EX
  • 6.5% YIELD
  • REAR PARKING SPACE
  • EPC - C/D

Full description

Tenure: Freehold

Boydens are pleased to bring to market this commercial investment opportunity - The property is offered freehold for sale. The ground floor is currently occupied by a trading sandwich shop business, this is let under a full repairing lease and achieving £800 PCM. The first floor consists of a two bedroom maisonette, this is currently let achieving £600 PCM. Both commercial unit and maisonette have there own independent gas heating and double glazing with side access gated drive to hard standing parking to the rear.

Colchester is Britain's oldest recorded town with Castle, Park and Wall. A thriving commerce and service centre which now replace former heavy industries. But the home of some large employers ie Colchester General Hospital, University of Essex and Woods Flakt.

Colchester North mainline station connects to London's Liverpool Street in 55 minutes. Colchester town station connects to the Hythe Station (5 minutes walk to the property) and onwards to North Station.

The Hythe area is close to the River Colne with its waterfront aspect now becoming a large residential sector with some general industries plus offices and a large Tesco's with petrol station.
Location From our office on Crouch Street proceed along Southway and onto Magdalen Street. Continue straight through to Barrack Street and onto Hythe Hill, where the property is situated in the bottom section of Hythe Hill on the right hand side.


MIXED FREEHOLD INVESTMENT
GROUND FLOOR SHOP UNIT
TWO BEDROOM F/F MAISONETTE
GROSS INCOME £1400 P/MONTH EX
6.5% YIELD
REAR PARKING SPACE
EPC - C/D


Property ref: 121_2203_2726758

Ground floor Commercial Unit 

Reception/Frontage 
14' 9" x 7' 1" (4.50m x 2.16m) Glass Frontage. Door to side access.

Serving Area 
14' 10" x 8' 8" (4.52m x 2.64m)

First Floor Maisonette 

Entrance Hall 
UPVC double glazed double doors. Carpeted. Smooth ceilings. Stairs leading upstairs to flat and downstairs to commercial unit.

Landing/Hallway 
Carpeted. Smooth ceilings. Loft access hatch. Cupboard. Doors leading to all rooms.

Kitchen 
11' 5" x 9' 4" (3.48m x 2.84m) UPVC Double glazed window to rear. Matching base and eye level units in wood with grey roll top work surfaces. One and half bowl with central mixer tap and drainer. Integrated fridge/freezer, double oven and electric hob. BAXI COMBI boiler fitted in wall mounted cupboard. Laminate flooring. Smooth ceilings. Single Radiator.

Bathroom 
8'10'' x 6' (2.69m x 1.83m) Panel bath with central mixer tap and shower attachment. Part tiled walls. Wash hand basin. Air vent. Smooth ceiling. Vinyl flooring.

WC 
LLWC. Wall mounted sink in matching white. Extractor. Shaving point. Smooth ceiling. Vinyl flooring.

Lounge 
14' 11" x 12' 7" (4.55m x 3.84m) 2 x UPVC Double glazed windows to front. Wooden floor. Smooth ceilings. Radiator.

Bedroom One 
16' 1" x 8' 11" (4.90m x 2.72m) UPVC Double glazed window to front. Carpeted. Smooth ceilings. Radiator. Cupboard.

Bedroom Two 
11' 1" x 8' (3.38m x 2.44m) UPVC Double glazed window to rear. Carpeted. Smooth ceilings. Radiator. Cupboard.

More information from this agent

Nearest stations

  • Hythe (0.2 mi)
  • Colchester Town (0.9 mi)
  • Colchester (1.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Boydens, Colchester

Aston House, 57-59 Crouch Street Colchester CO3 3EY

01206 916046 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.

Floorplans


To view this property or request more details, contact:

Boydens, Colchester

Aston House, 57-59 Crouch Street Colchester CO3 3EY

01206 916046 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

  • Hythe (0.2 mi)
  • Colchester Town (0.9 mi)
  • Colchester (1.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Boydens, Colchester

Aston House, 57-59 Crouch Street Colchester CO3 3EY

01206 916046 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 2726758. 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 Boydens, 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.

Map data OpenStreetMap contributors.