Unit 4 Century House, North Station Road, Colchester, Essex, CO1 1RE

Unit 4 Century House, North Station Road, Colchester, Essex, CO1 1RE

£640,000
Commercial
Sold
About this Property
21 September 2022
Sold
£640,000
Traditional
Commercial
£640,000
Description

Virtual Freehold Shop Investment located at Unit 4 Century House, North Station Road, Colchester, Essex, CO1 1RE. This commercial property is leasehold and is let to Machine Mart Limited until 2037 by way of a new reversionary lease without break. The double fronted unit totals 483.6 sqm (5,205 sqft) of accommodation and is situated in an established parade within a predominantly residential area, close to Colchester Rail Station, which is approximately 800m away. The property benefits from the right to use 9 car parking spaces to the rear and has a rental value of £41,750. VAT is applicable, and six-week completion is available.

Location
More Information
Leasehold
Planning Authority
Tendring LPA
Address History
14 Feb 2022Sold£440,000
03 Nov 2022Sold£640,000

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