1-1A Scheregate 1,325 SF Retail Building Colchester CO2 7AS £160,000 (£120.75/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
£160,000
Price Per SF
£120.75
Tenancy
Single
Number of Floors
3
Building FAR
0.83
Lot Size
0.04 AC
Frontage
14 ft on Scheregate Steps
AMENITIES
- Storage Space
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
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 |
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NEARBY MAJOR RETAILERS
