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COMMERCIALSOLD STCM

St. Botolphs Street, Colchester, Essex, CO2

Offers in Region of
£375,000
Salter Rex, Kentish Town
PROPERTY TYPE

Commercial Property

BATHROOMS

2

SIZE

2,712 sq ft

252 sq m

Key features

  • AIR CONDITIONING
  • CENTRAL HEATING
  • FULLY LET
  • FURTHER DEVELOPMENT SUBJECT TO LEASE AND PLANNING
  • GROUND FLOOR RETAIL AND OFFICES ON 1st and 2nd flors
  • PRODUCING £21,000 PER ANNUM EXCLUSIVE

Description

The premises are prominently located in St Botolph's Street, a busy secondary area on the eastern edge of the town center close to the bus station, Colchester Town rail station and multi-storey car park facilities in Osborne Street. The shop is let to Wine/Dine bar style Restaurant.

The property comprises of retail on Ground floor and offices on 1st/2nd floors, access via internal stairs to the rear of ground floor with future development of converting 1st and 2nd floors offices to residential and extending and creating 3rd floor subject to necessary planning consent. The tenant of the Restaurant/bar lounge also trades from the adjoining unit (No.7) which interconnects with No.5 at ground floor level only.

The property is let on 15-year (FRI) Lease from 5th March 2013 with 5 yearly Rent Reviews, presently producing £21,000 per annum exclusive and any user within Class E planning regulation introduced 1st September 2020

Energy Performance Certificates

EPC 1

St. Botolphs Street, Colchester, Essex, CO2

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Colchester Town Station0.1 miles
  • Colchester Station1.0 miles
  • Hythe Station1.1 miles

About Salter Rex, Kentish Town

Crown House Kentish Town Road, London, NW5 2TP
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1Industry affiliation logo 2

Founded in 1854, Salter Rex combine traditional values with exceptional standards of service and the most advanced marketing methods, to obtain the best possible outcome for our clients.

Whether selling or letting, we are able to market your property to the widest possible customer base, presented in the most attractive manner, to achieve the greatest level of interest and consequently, the best possible price.

Amongst the services we offer from our branches at Kentish Town and Hampstead are; professional photography and floorplans, free Energy Performance Certificates (subject to conditions), regular feedback on viewings via a single point of contact and honest, straightforward, positive advice on marketing your home.

Our dedicated property management team are on hand at the Kentish Town office to deal quickly and efficiently with any problem that might arise. In addition our surveyors, residential block management and commercial property specialists are all readily available.

Notes

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Disclaimer - Property reference STBOTOLPHSSTREET5. 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 Salter Rex, Kentish Town. 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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