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Restaurant Investment Colchester CO1 UNSOLD, CONTACT AUCTIONEER FOR RESERVE PRICE/AVAILABILITY STATUS
Auction Date
19 November 2024
Guide Price
£725,000
Property Summary
Guide price £725,000. Prominent freehold restaurant investment with development potential. The property is arranged over basement, ground and three upper floors to provide a ground floor restaurant with ancillallary accommodation throughout the remainder of the property. Entirely let on a lease expiring 2036 (no further breaks). Current rent passing £80,000 pa. Redevelopment potential STP.
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