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Robert Dyas, 45-47 High Street, Colchester

Guide Price
£450,000

£93.95 per sq ft

Business rates & charges may apply

Savills, Savills Auctions- Commercial
SIZE AVAILABLE

4,790 sq ft

445 sq m

SECTOR

Commercial property for sale

Key features

  • High Yielding Retail Investment
  • Retail Unit and Upper parts
  • Fully Let to Robert Dyas
  • Five Year Lease Expiring 24.12.2028
  • 2026 Break Option Removed
  • Tenant in Occupation for 25+ Years
  • 4,790 sq ft (445.07 sq m)
  • Prime High Footfall Pitch
  • Investment Let at £60,000 p.a. (13% GIY on Guide Price)

Description

The property comprises a high yielding retail investment let to long standing tenants Robert Dyas and occupying a prime high footfall pitch.

Arranged across ground, first and second floors, the Grade II listed building is fully let to Robert Dyas Holdings Limited on a five year lease expiring 24.12.2028 and paying £60,000 per annum.

The tenant is long standing, having been in occupation for over 25 years. Furthermore the tenant has recently displayed their commitment to the location via removal of the 2026 break option.

The property occupies a prime pitch fronting the pedestrianised High Street, nearby occupiers include Santander, McDonalds and Spar.

Brochures

Robert Dyas, 45-47 High Street, Colchester

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Colchester Town Station0.3 miles
  • Colchester Station0.8 miles
  • Hythe Station1.2 miles

About Savills, Savills Auctions- Commercial

33 Margaret Street, London, W1G 0JD

Notes

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Disclaimer - Property reference 915F0F75-77E1-443C-AC2C-2F917115DAD8. 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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