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Residential Investments, Retail Investments for Sale

Vine Parade, Wivenhoe, Colchester, CO7

£790,000.00 £189 /sf
0.20 sf
515 - 4,186 sf
Residential Investments, Retail Investments for Sale

Vine Parade, Wivenhoe, Colchester, CO7

£790,000.00 £189 /sf
0.20 sf
515 - 4,186 sf
The property comprises a two-storey building of brick construction beneath a pitched, tiled roof and provides substantial ground floor retail premises with three residential flats above. The shop benefits from a fully glazed shop front, air conditioning, suspended ceiling and strip lighting and comprises a main retail area, storage/stock rooms, kitchenette, wcs and chiller rooms.

Above are three separate self-contained flats, one with 3 bedrooms and the other
two with 2 bedrooms, each accessed via concrete stairs at the rear(one at each end). These each benefit from gas fired central heating, UPVC
double-glazed windows and each have separate kitchens and bathrooms.

Outside, each flat benefits from a small amenity space at first floor level on the
flat roof above the shop.

To the rear and accessed by vehicles from Colchester Road is a shared area of hardstanding which provides bin stores and car parking and also a block of garages of brick construction to the elevations, beneath a fibre cement roof.

Location

The property is located on Vine Drive close to its junction with the main Colchester Road (B1028) providing the main road into Wivenhoe. Other occupiers close by are Boots, Henleys Fish & Chips, a hairdressers and tanning salon.

The parade is situated approximately half a mile to the north of Wivenhoe Town Centre and the town railway station which provides regular routes to Colchester North Station, in turn providing a regular service to London Liverpool Street with a journey time of
around 50 minutes.

Amenities

· Total Net Income £62,660pax
· Rear Garages and Parking with shared
parking at the front
· Excellent Communication links
· Other occupier on the parade include Boots/Henleys
Fish & Chips/hairdressers/Tanning Salon.
· Comprises a ground floor shop and
three first floor flats plus garaging

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Investment property for SaleColchesterWivenhoeVine Parade, Wivenhoe, Colchester, CO7