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38-42 Long Wyre St

6,501 SF Vacant Retail Building Colchester CO1 1LJ $1,041,658 CAD ($160 CAD/SF) 9.67% Cap Rate

Storefront Properties Essex Colchester 38-42 Long Wyre St, Colchester, ESS CO1 1LJ

Investment Highlights

  • Located in the town centre
  • A semi-pedestrianised pitch
  • Densely populated rural area

Executive Summary

The property comprises a two-storey terrace of 3 ground floor shops with ancillary first floor storage/offices to the rear, beneath a pitched tile roof. To the front there are self-contained vacant first floor offices accessed from Long Wyre Street.
Three ground floor shops and vacant first floor office suitable for redevelopment (STP).

Attachments

38-42 Longwyre Street

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
6,501 SF
Building Class
B
Year Built
1966
Price
$1,041,658 CAD
Price Per SF
$160 CAD
Cap Rate
9.67%
NOI
$100,769 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Frontage
53 ft on Long Wyre Street

Amenities

  • Security System
  • Storage Space
  • Air Conditioning
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Nearby Major Retailers

St Botolphs Community Store
Sainsbury's
Pure Gym
Loungers
Black Sheep Coffee
Pret A Manger
Caffe Nero
Starbucks
Iceland
ALDI
+44 1206 563222

Contact

  • Listing ID: 32702038

  • Date on Market: 2024-08-06

  • Last Updated:

  • Address: 38-42 Long Wyre St, Colchester CO1 1LJ

The Retail Property at 38-42 Long Wyre St, Colchester, CO1 1LJ is currently available for sale. Contact Nicholas Percival for more information.

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38-42 Long Wyre St
+44 1206 563222 x

38-42 Long Wyre St

Nicholas Percival

+44 1206 563222

+44 1206 563222

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