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Ballantyne Dr - The Hythe 6,588 sq ft Retail Unit Offered at £675,000 in Colchester CO2 8XZ

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INVESTMENT HIGHLIGHTS

Prominent Business Location
High Eaves

Solid Transport Links

EXECUTIVE SUMMARY

The property comprises a self-contained ground floor retail shop with concrete floor, walls and ceiling

Brochure Jan 25

PROPERTY FACTS

Total Property Size	48,419 sq ft	Typical Floor Size	10,000 sq ft
Property Type	Office (Unit)	Year Built	2013
Costar Property Class	B	Total Plot Size	0.64 ac
Floors	4

Total Property Size	48,419 sq ft
Property Type	Office (Unit)
Costar Property Class	B
Floors	4
Typical Floor Size	10,000 sq ft
Year Built	2013
Total Plot Size	0.64 ac

Storage Space

1 UNIT AVAILABLE

Unit 1

Unit Size	6,588 sq ft	Unit Use	Retail
Price	£675,000	Sale Type	Investment or Owner Occupier
Price Per sq ft	£102.46	Tenure	Long Leasehold

Unit Size	6,588 sq ft
Price	£675,000
Price Per sq ft	£102.46
Unit Use	Retail
Sale Type	Investment or Owner Occupier
Tenure	Long Leasehold

DESCRIPTION

There are suspended LED lights and WC facilities available. The first floor is also self-contained and has a fully glazed frontage.

SALE NOTES

The 999 year 2 Long Leaseholds are available to purchase at a combined asking price of £835,000. Both Long leaseholds commenced in January 2020 and are split by ground and first floor, the ground floor has a ground rent of £300 per annum and the first floor a ground rent of £290 per annum. The property benefits from an EPC rating of C55.