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108 Coast Rd
4,424 SF of Retail Space Available in Colchester CO5 8NA
Highlights
- Outstanding Location in Affluent West Mersea
- Extended and Refurbished in 2019
- Riverside Location on Blackwater Estuary
- Car Park and Estuary Car Park (30)
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
Ground | 4,424 SF | Negotiable | $32.23 CAD/SF/YR $2.69 CAD/SF/MO $346.96 CAD/m²/YR $28.91 CAD/m²/MO $11,883 CAD/MO $142,601 CAD/YR | Fully Repairing & Insuring |
Ground
All areas were refurbished in 2019 with the addition of the balcony and covered seating area. Front entrance into the main bar area with 'mariner' theme decoration with large horseshoe servery with extensive back bar display. Open plan space with wooden flooring throughout and open fireplace. can seat approx. 50 customers. To the rear is a split dining area across 2 rooms for approximately 70 customers, which is also ideal for private hire. Ladies and Gents facilities. Ground floor cellar and bottle store. Extensive and fully equipped trade kitchen with separate prep/wash-up area. Internal stairs from the bar leading to the 1st floor, consisting of a further dining space, as well as a lounge area with patio doors leading to balcony overlooking the estuary. Upstairs can seat approximate 30 customers. Ladies and Gents facilities. There is also access to a 'minstrel gallery' overlooking the bar below. Access to private staff area with fire escape access, currently used as store rooms with kitchenette and staff bathroom, which could be converted to a one bedroom self contained flat with kitchen, lounge, double bedroom and bathroom. External areas consist of a balcony on the 1st floor (22 covers). Immediately underneath is a covered paved seating area, leading to a further paved seating area by the main entrance. Large paved car park to the front, which can also seat a further 100 covers during the busier summer months. There is more car parking available in the estuary car park immediately opposite. Private Courtyard garden to the rear with large walk-in fridge and several storage sheds for utilities and dry store. New 'free of tie' lease with terms to be agreed. Premium £150,000 to include fixtures and fittings at a commencing rent of £80,000 (exc VAT)
- Use Class: E
- Fully Built-Out as a Drinking Establishment
- Located in-line with other retail
- Kitchen
- Private Restrooms
- Up to 140 External seats to front
- Extensive & Well-Equipped Trade Kitchen
- 1st Floor Lounge Area and Balcony c50 covers
- Turnkey Operation
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
PROPERTY FACTS FOR 108 Coast Rd , Colchester, ESS CO5 8NA
Property Type | Retail | Year Built/Renovated | 2000/2019 |
Gross Leasable Area | 4,424 SF |
Property Type | Retail |
Gross Leasable Area | 4,424 SF |
Year Built/Renovated | 2000/2019 |
About the Property
The Coast Inn is located in the bustling Essex island of Mersea overlooking the Blackwater Estuary. The area has a wonderful supportive community and has several holiday parks and tourism that visit the Country Parks and beaches. West Mersea is served by excellent facilities with numerous specialist shops and supermarkets. Mersea is very much set up for the outdoor way of life and recreational fields. The Anchorage end of the island (close to the Coast Inn) is where the sailing clubs are based and has a vibrant social life including the Regatta week that takes place in August. Colchester city centre is approximately 8 miles away offering a further varied range of shopping facilities, bars, and restaurants. The A12 can be accessed London bound for the M25 and mainline stations in the city offer services to London Liverpool Street.
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108 Coast Rd
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