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Car Parking at West Stockwell Street, Colchester City Centre, CO1

£240,000

Business rates & charges may apply

Nicholas Percival Commercial, Colchester
SIZE

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SECTOR

Land for sale

Description

LOCATION
The parking is centrally located within Colchester City Centre, just off West Stockwell Street, which in turn is accessible via Northgate Street, near St Peter´s Street. Situated in the historic Dutch Quarter, within the grounds of the well-known Dutch Quarter Apartments, being just a short walk from Colchester High Street.

Travelling north-east on the A12, exit at junction 27. At the roundabout, take the 2nd exit onto Cymbeline Way (A133). At the roundabout, take the 2nd exit onto Westway (A134) towards Rotary Way. At the roundabout, take the 2nd exit onto Middleborough. Go through the lights and continue onto St Peter´s Street. Turn right onto Northgate Street which turns right and
becomes Maidenburgh Street. Turn right onto St Helen´s Lane. Turn right onto East Stockwell Street. Turn left onto West Stockwell Street.

DESCRIPTION
There are a total of 23 spaces (4x Tandem Spaces) available within the areas outlined in red on the included plans.

The parking is divided into two sections: the northern section features single parking bays, while the southern section comprises tandem bays. Access to the car park is secured by electronically operated gates controlled via a fob, providing a safe and private environment.

The main area consists of 14 single spaces (approx. 2.4m by 4.8m) and the second features 4 tandem bays (providing 8 spaces in total) with an additional standalone space.

The car park will be sold with vacant possession, giving the buyer the flexibility to use the spaces themselves or lease them
to generate an income. This makes it an ideal investment for anyone living or working within the City Centre.

TERMS
The site is to be sold Freehold with Vacant Possession at £240,000 plus VAT.

OUTGOINGS
TBC

VAT
All prices are exclusive of VAT under the Finance Act 1989

PLANNING
We have been advised the site benefits from planning for use for car parking dating back to when the Telephone House site was formerly occupied as offices.

OTHER
Anti-Money Laundering

In accordance with the Money Laundering Regulations 2017, once an offer has been accepted, the Purchaser will be required to provide proof of identity and address prior to the instruction of solicitors.

REF: C5980

VIEWING
Viewing strictly by prior appointment with the sole agents, Nicholas Percival Chartered Surveyors.

Brochures

Car Parking at West Stockwell Street, Colchester City Centre, CO1

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Colchester Town Station0.5 miles
  • Colchester Station0.6 miles
  • Hythe Station1.3 miles

About Nicholas Percival Commercial, Colchester

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

Nicholas Percival are well-established Estate Agents and Chartered Surveyors with over 25 years of experience selling the finest village, town and country houses in North Essex and South Suffolk

The Commercial Property Division specialises in all aspects of Sales, Lettings and Professional Advice to both Landlords & Tenants Nicholas Percival Chartered Surveyors has an established reputation for professional excellence and integrity and is regarded as one of the leading independent practices in North Essex

Commercial rent reviews and lease renewals are an opportunity for both owners and occupiers to recast their agreement in a more commercial form; they are not just a re-negotiation of the level of rent. Whether you are the landlord or tenant, when it is time for a rent review or lease renewal it is important to avail yourself with the best representation and accurate advice from a specialist commercial chartered surveyor such as those at Nicholas Percival

Nicholas Percival's Commercial Property Management division have been helping companies and individuals manage their commercial property in Essex for over 29 years.

Our specialist team are based in Colchester and have a depth of local knowledge and expertise that enables them to ensure that client's properties are successfully managed, and as a matter of course provide advice on long term strategic changes, in order to create added value and asset enhancement.

Nicholas Percival assumes full responsibility for the day to day management of your property portfolio. We will be in touch with you throughout the year and will meet you at least once a year to provide a full review of the property portfolio performance. However, our goal is to provide exactly the service you need and we are happy to tailor this approach to suit you. We understand that every company and individual have different needs and will work with you to find the right level of communication and involvement that suits you. In addition, you can rely on our team to help and advise you as and when it is required.

Our Management service covers all aspects of property management:

• Rent collection

• Accounting to the client on a monthly or quarterly basis

• Service charge collection

• Budgeting and collection service charge accounts

• Arranging buildings insurance

• Organising contracts with maintenance suppliers such as cleaners, gardeners etc.

• Health and Safety issues

• Landlord and tenant Statutory obligations

• Site visits and inspections

• Negotiating Rent Reviews & Lease Renewals

Nicholas Percival act as the principal liaison between the Landlord and Tenant at all times. All of our Management services are dealt with in accordance with the terms of the leases and any current relevant legislation and codes of practice.

In addition to our core landlord and tenant, building surveying and valuation services, we provide a variety of additional services, including:

• Independent purchase reports

• Strategy advice and reports

• Redevelopment/conversion appraisals

Notes

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Disclaimer - Property reference 101551003894. 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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