Grocery & Local Shops for sale in Tendring, Clacton On Sea

Commercial Property in Tendring available for sale

Grocery & Local Shops for Sale Within 10 miles of the Tendring, Clacton On Sea

More details for Ballantyne Dr, Colchester - Office for Sale

The Hythe - Ballantyne Dr

Colchester, CO2 8XZ

Retail for Sale
£575,000
6,588 sq ft
1 Unit Available

Colchester Office for Sale

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.

Contact:

Whybrow & Dodds Ltd

Date on Market:

05/12/2025

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101-104 High St

Colchester, CO1 1TH

Retail for Sale
£395,000
1,116 sq ft
1 Unit Available

Air Conditioning

Colchester Retail for Sale

Investment Consideration: VAT is applicable to this property Let until 2040 (no breaks) Rent reviews linked to RPI every 5th year (uncapped) Comprises ground floor convenience store t/a Premier Nearby occupiers include Santander, Sainsburys and Primark, amongst others. Tenancy: The property is at present let to an Individual t/a Premier for a term of 20 years from 14th October 2020 at a current rent of £27,597 p.a. and the lease contains full repairing and insuring covenants. Uncapped rent reviews linked to RPI every 5th Year. No breaks. Rent deposit held of £6,899 + VAT (£1,379). Tenure: Long Leasehold. Held on a 999 Year lease from 24th March 2015 at a ground rent of £100 p.a.