Restaurant/cafe for sale in North Station Road, Colchester CO1, £475,000

475,000.00

Offer Nr.:
65387400
Type of ad:
for Sale
Property type:
Restaurant/cafe
Contact name:
Prideview Group
Phone(s):
020 4559 0084

Property Description
Virtual Freehold Domino’s Take - away Investment
Comprising a 3, 500 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 dp Realty Ltd t/a Domino’s for a term of 20 years from 01/08/2023 on an
effectively fr&I lease for £29, 000 p. a.
Rent review every 5th year
Tenant Break option in 10 years

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