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St Helens Lane, CO1

Guide Price
£180,000

£71.29 per sq ft

Business rates & charges may apply

Whybrow & Dodds Ltd, Colchester
SIZE AVAILABLE

2,525 sq ft

235 sq m

SECTOR

Restaurant for sale

Key features

  • Open plan area
  • Popular Dutch Quarter Location
  • Suit Various Commercial Uses, STP
  • Close To City Centre

Description

FOR SALE BY PUBLIC AUCTION ON WEDNESDAY 17TH APRIL 2024 AT 12.00PM. LIVE STREAMED VIA DEDMAN GRAY WEBSITE. BIDDING AVAILABLE BY TELEPHONE, PROXY AND ONLINE

COMMERCIAL PROPERTY: A VACANT FREEHOLD FORMER NIGHTCLUB IN COLCHESTER CITY CENTRE CONSIDERED TO SUIT A VARIETY OF USES SUBJECT TO PERMISSIONS
A Commercial property situated within the historic Dutch Quarter just North of Colchester High Street. The property has previously been let out as a Nightclub however it is considered that it could suit a variety of other uses as well, subject to necessary consents. It is considered that the property could be let for approximately £25,000 per annum which would represent a yield of 13.8 % of the guide price.
The property benefits from the following Gross Internal Areas:
Dance Floor/Bar 2,250 sq.ft
Store 120 sq.ft
First Floor
Store 155 sq.ft
WC's 175 sq. ft
Total 2,700 sq. ft (248 sq.m)

The overall plot measures approximately 3165 square foot (294.01 m2) which includes parking. The property is located in a predominately residential area and therefore it is considered that it it could offer residential redevelopment potential subject to planning permission and all other relevant permissions.
For all planning enquiries please contact Colchester City Council on

Colchester St Helen's Lane nightclub venue going to auction | Gazette (gazette-news.co.uk)

Brochures

St Helens Lane, CO1

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Colchester Town Station0.4 miles
  • Colchester Station0.7 miles
  • Hythe Station1.3 miles

About Whybrow & Dodds Ltd, Colchester

2 De Grey Square De Grey Road, Colchester, CO4 5YQ

Whybrow & Dodds Ltd, Colchester

Our Approach

Whybrow Chartered Surveyors are committed to delivering the highest levels of customer service across our business and have adopted the principles set out in the Government Standard for Customer Service Excellence as best practice.

It is by adopting these standards that we have developed a culture where the customer is at the centre of our business and where we drive towards continuous improvement in the areas of:

• Delivery

• Timeliness & Quality</

More properties from Whybrow & Dodds Ltd, Colchester

Notes

These notes are private, only you can see them.

Disclaimer - Property reference HDO230158. 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 Whybrow & Dodds Ltd, 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.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Whybrow & Dodds Ltd, Colchester on 01206 586173.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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