Withdrawn
- Commercial Property
Call the team on 01473 558 888 for more information
A prime Freehold investment with a strong rental income.
Situated in a busy high profile location is this Freehold investment giving an annual yield of over 11.5% at low Guide. The flat, pharmacy and Indian takeaway generate a combined Ground Rent of £1,120 PA and the 20 year standing fish shop leaseholder has just renewed at a rent of £9,360 PA giving a combined annual income of £10,480. This is considered to be a solid and low risk investment opportunity.
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
Juliet Bellis & Co, Aithness, Ref: Juliet Bellis & Co, Tel: 01957 733226
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 - £900 inc VAT payable on exchange of contracts.
Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £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.
