Skip to content
Buy
Property for sale New homes for sale Property valuation Investors Mortgages
Rent
Property to rent Student property to rent
Find Agent
Find estate agents
House prices
Sold house prices Instant online valuation
Commercial
Commercial property to rent Commercial property for sale Advertise
Inspire
Moving stories Property news Energy efficiency Property guides Housing trends Overseas blog Mortgage guides
Overseas
All countries Spain France Portugal Italy Greece Currency Sell Overseas property
SOLD STC

William Harris Way, Colchester, CO2

£185,000

£188.97 per sq ft

Business rates & charges may apply

Gilbert and Rose Commercial, Essex Commercial
SIZE AVAILABLE

979 sq ft

91 sq m

SECTOR

Out-of-town retail property for sale

Description

A terrace retail shop with a large double/triple frontage, currently let at £12,500 per annum. REF: RX278175 - V6761E

Location

The premises is situated in a fantastic trading location that is highly built up residentially, with a large development of flats above and next door to a cafe. The premises benefits from free time-restricted parking directly to the front of the unit.

Tenure

Our client has a long lease on the property with approximately 134 years unexpired, with a ground rent payable at £197.64 per annum. Our client's tenant has a 16-year lease from 21st June 2013 at a rental of £12,500 per annum exclusive. The lease is subject to 4-yearly rent reviews, with the next review due in June 2025.

Premises

A terrace retail shop with a large double/triple frontage, with fascia board and single glazed entrance door leading into the premises which measures approximately 979 sq. ft. with tiled flooring, suspended ceiling, panel lighting and is arranged as:



RETAIL ZONE A - 879 sq. ft. 



RETAIL ZONE B - 101 sq. ft.

Business Rates

The premises is subject to a rateable value of £12,000 resulting in zero business rates payable, should small business rate relief apply to a tenant.

Disclaimer

Whilst every care is taken to ensure that these particulars are correct, accuracy is no way guaranteed and none of the information supplied forms part of any contract. Acceptance of these particulars constitutes a contract to the effect that all negotiations for the business or property will be made through Gilbert & Rose otherwise the purchaser will be equally responsible with the vendor for damages equal to the amount of our commission.

William Harris Way, Colchester, CO2

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Colchester Town Station1.8 miles
  • Hythe Station2.0 miles
  • Wivenhoe Station2.4 miles

About Gilbert and Rose Commercial, Essex Commercial

1333-1335 London Road, Leigh-On-Sea, SS9 2AD

Gilbert & Rose Business Transfer and Commercial Property Sales and Lettings

Gilbert & Rose is a respected and well-established name in the real estate industry, renowned for our expertise in Residential Sales and Lettings. Building on our success in this area, we have expanded our services to encompass business transfer and commercial property sales and lettings. As part of this strategic expansion, we have recently partnered with Bradleys Countrywide Limited, a highly regarded company with over sixty years of experience in commercial business transfer within Essex, Hertfordshire, and Suffolk.

By combining our strengths and leveraging the extensive knowledge and database of our merger partner, we possess unparalleled access to comparable evidence. This enables us to provide accurate valuations and deliver successful business sales for our clients. Our marketing approach is comprehensive and innovative, utilizing a range of powerful tools such as video marketing, professional photography (including drone shots), and virtual tours. We conduct extensive marketing and advertising campaigns, leveraging the reach of the largest business and residential property websites, alongside our own constantly updated platform. We understand the importance of maintaining confidentiality in certain cases, and we offer tailored advertising solutions to meet the specific requirements of our clients.

At Gilbert & Rose, transparency is at the heart of everything we do. Our fees are competitive and transparent, with no hidden charges, and payment is only required upon the successful completion of a transaction. We take pride in providing expert advice and guidance to our clients, whether they are ready to sell or simply seeking information. Our dedicated team is committed to exploring the best options available to suit your individual needs, ensuring that you can make well-informed decisions throughout the process.

Whether you are looking to buy, sell, or lease a property, we invite you to contact us for any further information you may require. At Gilbert & Rose, our commitment to delivering exceptional service is unwavering. We are here to assist you every step of the way on your real estate journey. Get in touch with us today and let us help you achieve your goals with confidence and success.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference RX278175. 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 Gilbert and Rose Commercial, Essex Commercial. 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.

Email

Call

Email