Express Interest in this Property

Café, Colchester

Century House North, Unit 5, Station Road, Colchester CO1 1RE

Basic Facts

Property ID: 17769 Post Updated: 2024-05-02 11:49:51
Status: Type:
Tenure: Virtual Freehold Area: 1615 sq ft
Gross Rent: £ 25,000 Gross Yield %: 10
Lease Term: 25 yrs from November 2023 Lease Term Expiry Date: 11/11/48
Years left on Lease: 24.4 VAT applicable: Yes

Property Description

  • Virtual Freehold Café Investment
  • Comprising a 1,615 sq ft ground floor shop

Location Description

  • Colchester is a historic town situated adjacent to the A12, midway between Chelmsford and Ipswich and approx 60 miles north-east of Central London.
  • The town benefits from good road communications, being at the junction of the A12, A120 and A133.
  • Colchester Rail Station is some 800m from the property and provides regular rail services to London Liverpool Street (Journey time approx. 55 mins).
  • The property is situated in an established parade in a predominantly residential area just north of the town centre. It is on the east side of North Station Road, close to its junction with Causton Road
  • Occupiers close by include: One Stop Shop, Machine Mart, Coral, Pizza Hut and numerous local businesses

Tenancy & Additional Notes

  • Let to 8 Ball Caf Ltd for a term of 25 years from 12/05/2023 on an effectively FR&I lease for £25,000 p.a.
  • Option to renew for a further 10 yrs on expiry
  • Rent review is 1% -4% cap & collar, RPI linked
  • Lease benefits from a personal guarantor


Attractive property
Under £500k
Virtual Freehold

Current Opportunities

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