COMMERCIAL INVESTMENT WITH RESIDENTIAL DEVELOPMENT POTENTIAL

HARMER’S YARD, WALTON ON THE NAZE, ESSEX, CO14 8HW

FOR SALE FREEHOLD

CURRENTLY PRODUCING £63,090

4.6 ACRES (1.8 HECTARES)

The site is located immediately off Hall Lane which runs to the north of the main promenade in Walton on the Naze. Colchester is approximately 17 miles to the west of the site, providing easy access to the A12, with the port of Harwich being some 12 miles to the north.

The majority of the adjoining properties are predominantly residential.

The site comprises a series of workshops and light industrial buildings as well as a number of yard areas. These are let out to a series of tenants and licensees who operate their businesses from the site.

The OS extract below shows the extent of the site, shown edged red, and which measures a total of 4.6 acres (1.8 hectares).

The premises on the site are held on a series of leases and licences which are currently producing a total rent of £63,090 per annum. A schedule of these leases and licences is available upon request.

The site currently benefits from a number of B1 and B2 uses. Potential purchasers should make their own enquiries with the local authority with regard to the potential of any change of use on the site

Unconditional offers are invited in the region of £1,500,000 for the benefit of the freehold interest.

Viewing strictly by prior appointment with the sole agents: Fenn Wright, 1 Tollgate East, Colchester, CO3 8RS
Please contact PIERS POLLARD (01206) 216558 (direct dial)