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31 St. Botolphs Street, Colchester

Guide Price
£350,000

£109.03 per sq ft

Business rates & charges may apply

Savills, Savills Auctions- Commercial
SIZE AVAILABLE

3,210 sq ft

298 sq m

SECTOR

High street retail property for sale

Key features

  • A freehold mixed use property
  • Ground floor restaurant with commercial kitchen and storage
  • 1 X 3 bedroom flat and 1 X 2 bedroom flat
  • Entire building let on a new 10 year FRI lease from 15/10/2025
  • RPI linked rent reviews every 3 years
  • £11,250 holding deposit held
  • Future asset management potential
  • Total GIA approx. 3,210 sq ft (298 sq m)
  • Investment let at £45,000 per annum (12.85% GIY on guide price)

Description

A freehold mixed use property arranged as a ground floor restaurant unit with two flats above let to Hunger Hub PVT Ltd a Franchise t/a Wraps on a new 10 year FRI lease from 15/10/2025.

Total GIA approx. 3,210 sq ft (298 sq m).

Investment let at £45,000 per annum (12.85% GIY on guide price).

The property is located on the East side of St Botolph's Street, which is accessed from St Botolph's Circus and Queen Street. The property is situated at the southern end of the high street and occupies a central and convenient location.

Colchester Town Station (350ft) - Greateranglia

Brochures

31 St. Botolphs Street, Colchester

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 Savills, Savills Auctions- Commercial

33 Margaret Street, London, W1G 0JD

Notes

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Disclaimer - Property reference 828A6884-DFE7-4F6E-9ADF-4095359714A1. 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 Savills, Savills Auctions- 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.

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