Land for sale

LOCATION
The parking is centrally located within Colchester City Centre, just off West Stockwell Street, which in turn is accessible via Northgate Street, near St Peter’s Street. Situated in the historic Dutch Quarter, within the grounds of the well-known Dutch Quarter Apartments, being just a short walk from Colchester High Street.

Travelling north-east on the A12, exit at junction 27. At the roundabout, take the 2nd exit onto Cymbeline Way (A133). At the roundabout, take the 2nd exit onto Westway (A134) towards Rotary Way. At the roundabout, take the 2nd exit onto Middleborough. Go through the lights and continue onto St Peter’s Street. Turn right onto Northgate Street which turns right and
becomes Maidenburgh Street. Turn right onto St Helen’s Lane. Turn right onto East Stockwell Street. Turn left onto West Stockwell Street.

DESCRIPTION
There are a total of 23 spaces (4x Tandem Spaces) available within the areas outlined in red on the included plans.

The parking is divided into two sections: the northern section features single parking bays, while the southern section comprises tandem bays. Access to the car park is secured by electronically operated gates controlled via a fob, providing a safe and private environment.

The main area consists of 14 single spaces (approx. 2.4m by 4.8m) and the second features 4 tandem bays (providing 8 spaces in total) with an additional standalone space.

The car park will be sold with vacant possession, giving the buyer the flexibility to use the spaces themselves or lease them
to generate an income. This makes it an ideal investment for anyone living or working within the City Centre.

TERMS
The site is to be sold Freehold with Vacant Possession at £190,000 plus VAT.

OUTGOINGS
TBC

VAT
All prices are exclusive of VAT under the Finance Act 1989

PLANNING
We have been advised the site benefits from planning for use for car parking dating back to when the Telephone House site was formerly occupied as offices.

OTHER
Anti-Money Laundering

In accordance with the Money Laundering Regulations 2017, once an offer has been accepted, the Purchaser will be required to provide proof of identity and address prior to the instruction of solicitors.

REF: C5980

VIEWING
Viewing strictly by prior appointment with the sole agents, Nicholas Percival Chartered Surveyors.