Portal Precinct Sir Isaacs Walk Colchester Essex CO1 1JJ

Portal Precinct
Sir Isaacs Walk
Colchester
Essex
CO1 1JJ

Freehold Shopping Precinct Investment

  • Attractive courtyard development
  • Historic Town Centre Location
  • Between Culver Square Shopping Centre and Lion Walk Shopping Centre
  • Nearby occupiers include Karen Millen, Lush, Phase Eight and Animal Clothing
  • Tenants trading as Rose Café, Cosmic Tattoo, Fast Stitch and The Dance Shop
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    97
  • Auction
    13th October 2016
  • Rent
    £55,050 per Annum Exclusive
  • Status
    Withdrawn Post
  • Price
     
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG
Important Update
  • Expand
  • Photos
  • Map

* More information on the term "guide" can be found here

Freehold Shopping Precinct Investment

  • Attractive courtyard development
  • Historic Town Centre Location
  • Between Culver Square Shopping Centre and Lion Walk Shopping Centre
  • Nearby occupiers include Karen Millen, Lush, Phase Eight and Animal Clothing
  • Tenants trading as Rose Café, Cosmic Tattoo, Fast Stitch and The Dance Shop
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 97
  • Auction 13th October 2016
  • Rent
  • Status Withdrawn Post
  • Price  
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG

Property Information

Location
Miles
19 miles south-west of Ipswich, 55 miles north-east of London, 45 miles south-east of Cambridge
Roads
A1124, A12, A134
Rail
Colchester Town Rail
Air
Southend Airport
Situation

The property is located within Colchester Town Centre to the north of Isaac's Walk which connects Culver Shopping Centre, anchored by Debenhams and H&M with Lion Walk Shopping Centre, anchored by Primark, Boots and New Look. Other nearby occupiers include Karen Millen, Timpson and Animal Clothing.

Tenure

Freehold.

Location
Miles
19 miles south-west of Ipswich, 55 miles north-east of London, 45 miles south-east of Cambridge
Roads
A1124, A12, A134
Rail
Colchester Town Rail
Air
Southend Airport
Situation

The property is located within Colchester Town Centre to the north of Isaac's Walk which connects Culver Shopping Centre, anchored by Debenhams and H&M with Lion Walk Shopping Centre, anchored by Primark, Boots and New Look. Other nearby occupiers include Karen Millen, Timpson and Animal Clothing.

Tenure

Freehold.

Description

The property, an attractive paved courtyard shopping precinct, comprises five retail units over ground and first floors.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property, an attractive paved courtyard shopping precinct, comprises five retail units over ground and first floors.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Unit Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Reversion
1 Ground/First Retail 22.02 sq m (237 sq ft) INDIVIDUALS
t/a Fast Stitch
10 years from
22/09/2009
£13,000 21/09/2019
2 Ground/First Retail 64.38 sq m (693 sq ft) INDIVIDUAL t/a
Cosmic Tattoo
10 years from
15/09/2008
£12,550 14/09/2018
3 Ground/First Retail 73.58 sq m (792 sq ft) VACANT
POSSESSION
     
4 Ground/First Retail 127.46 sq m (1,372 sq ft) THE DANCE SHOP
(COLCHESTER)
LIMITED
3 years from
27/03/2015
£14,000 26/03/2018
10 Ground/First Retail 74.51 sq m (802 sq ft) INDIVIDUAL t/a
Tea Rose Café
10 years from
05/09/2007
£15,500 04/09/2017
Totals     361.95 sq m (3,896 sq ft)     £55,050  

Property Documents

  • Site Plan
    Updated Date
    21.09.16
    File Size
    67 KB
    View PDF
  • Catalogue Page
    Updated Date
    21.09.16
    File Size
    656 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Seller's Solicitors
Eversheds 1 Callaghan Square
Cardiff
CF10 5BT
Alexandra Shapland 0292 047 7210AlexShapland2@eversheds.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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