A prominent part let commercial premises with development potential

A Grade II listed commercial premises situated in a prominent location approximately one mile from Colchester town centre. The property is sub divided into three main parts, including a ground floor lock up shop which is currently tenanted on a 5 year lease from September 2012 on a full repairing basis and at a rent of £6,228 per annum plus an insurance payment. The remainder of the property comprises two further business units on the lower ground floor and first floor which provide further development potential (subject to any required planning permission) and of particular interest may be the large parking area to the rear which again may have alternative use potential. An interesting proposition which is competitively priced and should generate strong interest.

Tenure

Freehold

Viewing

Open days

Energy Efficiency Rating (EPC)

Current Rating E

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Colchester Borough Council. Tel: 01206 282222

Solicitors

Fisher Jones Greenwood, Newcomen Way, Colchester Business Park, Colchester CO4 9YA, Ref: Mrs E Peterson, Tel: 01206 835218

Additional Fees

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1,200 (£1,000+ VAT), payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.