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St. Botolphs Circus, Colchester, Essex, CO2

Offers Invited
Platinum Crown, Colchester

Letting details

Let available date:
Ask agent
Let type:
Long term
Furnish type:
Unfurnished
PROPERTY TYPE

Leisure Facility

BATHROOMS

2

SIZE

1,338 sq ft

124 sq m

Key features

  • New public realm being developed right outside the property.

Description

A blank-canvas basement in one of Colchester's most prominent gateway buildings, available to let and ready to be transformed. The space sits at the physical centre of the GBP15.2 million St Botolph's Circus regeneration - the largest infrastructure investment in the city centre in a generation - and directly adjoins Colchester City Station.

The basement has been fully stripped back to shell condition, offering an incoming operator complete creative freedom over the fit-out and concept. Existing drainage, structural walls and WC infrastructure remain in place. The building above houses an artisan pizza restaurant at ground floor and an eight-bedroom boutique hotel on the upper floors, creating a captive built-in audience from day one.

Regeneration Context
Jackson Civil Engineering has been appointed to deliver the GBP15.2m St Botolph's Circus transformation. Main works begin April 2026 with completion targeted Autumn 2027. The scheme removes existing underpasses, creates new pedestrian crossing points and transforms the area into an accessible gateway into the city centre. An operator committing now will be positioned to capitalise on the significant footfall uplift when works complete.

Ideal Uses
The landlord is seeking a quality operator whose concept complements the existing uses within the building. The following concept types are considered particularly well suited to the space, location and surrounding offer:

- Private room karaoke bar -- bookings-led, high synergy with hotel guests and after-work commuters. Basement setting ideal acoustically and atmospherically.
- Cocktail bar or speakeasy -- underground, vaulted character lends itself naturally to a premium cocktail bar with high evening trade potential.
- Competitive socialising venue -- social darts, shuffleboard, ping pong or similar. Proven and rapidly growing format, well matched to the 22-45 age group dominating the Colchester market.
- Escape rooms -- 2-3 themed rooms work well at 1,338 sq ft. Bookings-led revenue resilient during construction. Basement environment a genuine competitive advantage.
- Intimate live music or cultural venue -- aligns directly with the regeneration masterplan's cultural objectives and fills a genuine gap in Colchester's evening economy.

The landlord's priority is securing the right operator -- one who will invest in a quality fit-out, complement the existing building uses and contribute to the wider regeneration ambition. Applications will be assessed on concept quality and covenant strength as well as rental terms.

St. Botolphs Circus, Colchester, Essex, CO2

Approximate location

NEAREST STATIONS

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

About Platinum Crown, Colchester

134 Hythe Hill Colchester CO1 2NF
Industry affiliations:Industry affiliation logo 0

The team at Platinum Crown would like to extend a warm welcome to you via our Rightmove page. Over the last decade, we have successfully assisted thousands of clients move throughout Colchester and the surrounding areas and villages, whilst maintaining the utmost professionalism and first-class customer service.

Selling your home, lettings, or property management doesn't need to be time or energy consuming. Platinum Crown can help you.

Our specialist team manage and sell an extensive selection of properties including single lets, house shares (HMOs), and student accommodation.

You could benefit from our practical and hands-on approach. We understand the importance of providing you with an efficient and reliable service.

Platinum Crown Properties' services includes the following:

Property sales

Lettings

Tenant find

Property management

Property portfolio consultations

House share (HMO) management

Guaranteed rent

Property maintenance

For a more information on how we can help you, contact one of our personable and experienced team members on 01206 705 555.

Notes

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Disclaimer - Property reference SB4BASEMENT. 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 Platinum Crown, 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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