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1-1A Scheregate

1,325 SF Retail Building Colchester CO2 7AS £175,000 (£132/SF)

Investment Highlights

  • Prominent Business Location
  • High Ceilings
  • Solid Transport Links

Executive Summary

The subject property comprises a period building on ground and two upper floors. The ground floor offers an extensive retail sales area benefitting from a shop front, wooden floors, tiled ceilings, plastered and painted walls, and fluorescent lighting and, to the rear there are 2 fire escapes leading to a rear yard area which is owned by the adjoining occupier. Stairs internally lead to the first floor where there are 3 studios, kitchen and a store with further stairs leading to the second floor which would be suitable for storage or converting to an office.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
1,325 SF
Building Class
B
Year Built
1960
Price
£175,000
Price Per SF
£132
Tenancy
Single
Number of Floors
3
Building FAR
0.83
Land Acres
0.04 AC
Frontage
14 ft on Scheregate Steps

Amenities

  • Storage Space

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • Ground
  • 1,193 SF
  • Retail
  • In-Line
  • 30 Days

Available at £15,000 per annum exclusive by way of a new FRI lease for a term of years to be agreed with upward only rent reviews.

Space Size Space Use Position Available
Ground 1,193 SF Retail In-Line 30 Days

Ground

Size
1,193 SF
Space Use
Retail
Position
In-Line
Available
30 Days

Ground

Size 1,193 SF
Space Use Retail
Position In-Line
Available 30 Days

Available at £15,000 per annum exclusive by way of a new FRI lease for a term of years to be agreed with upward only rent reviews.

Nearby Major Retailers

eurochange Colchester
HSBC
Barclays
NatWest
Lloyds Bank
Metro Bank
Santander
German Doner Kebab
Five Guys
Turtle Bay
  • Listing ID: 33244849

  • Date on Market: 20/09/2024

  • Last Updated:

  • Address: 1-1A Scheregate, Colchester CO2 7AS

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