Property Information
Address:
Portal House INVESTMENT SALE, 27 Southway, COLCHESTER, Essex
, CO2 7BA
, Essex
, United Kingdom
Price: Property no longer available.
Size: 7813 sq ft726 sqm
Primary Category: Investment
All Categories:
Investment,
Property Ref/Movehut: MH634744
Property Ref/Agent: 4025
*Please use the agent ref when calling the agent directly.
Property description
The property comprises an attractive office building of brick construction arranged over, ground, lower ground and three upper floors.
Internally, the offices benefit from the following specification:
Solid floors with carpeting
Suspended ceilings with recessed lighting
Perimeter trunking
Secondary glazing
Passenger lift
WC's on each floor
Kitchen facilities on each floor
The property benefits from a surface car park to the rear. There are a total of seven car parking spaces. Two of the spaces are for disabled use and the other five are shared between the tenants, with an allocation of one car parking space per floor. Access to the car park is provided via Crouch Street.
The ground floor has been refurbished as part of the recent letting to the Secretary of State for Housing, Communities and Local Government.
The scope of works is available as a download within the data room.
Freehold Office Investment
Car Parking
WC & Kitchen Facilities
Readily Available
Town Centre Location
To be sold by clicktopurchase online auction - 28th November 2018, 3:00pm
The budget for 2019 and onwards estimates a service charge shortfall at -£5,671.
The vendor has elected the property for VAT. It is anticipated that the sale will be treated as a Transfer of a Going Concern (TOGC).
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