*Guide | £135,000 - £150,000 (plus fees)
- Shop
- Tenure: Freehold
Call the team on 01473 558 888 for more information
A city centre retail investment in a busy pedestrian location
Situated in one of the city's primary retail locations is this end terraced premises trading as an old fashioned sweet shop. The property comprises a 436 sq ft (40.5 sq m) retail area with first floor storage and is let on a 6 year lease from February 2023 with a personal guarantee and an annual rent of £13,000 with an upward only review due in 2026. A solid investment opportunity.
Tenure
Freehold
Energy Efficiency Rating (EPC)
Current Rating D
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
Solicitors
Penningtons Manches Cooper, Ref: Martin Codd, Tel: 020 7457 3000
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Buyer's Premium - £1200 inc VAT payable on exchange of contracts.
Administration Charge - £1200 inc 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.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
