Property Image
Property Image
Property Image
Property Image
Property Image
Property Image
Property Image
Property Image
Property Image
Property Image
Property Image
Property Image
Property Image

For Sale: £695,000

14-15 North Hill, Colchester, Essex, CO1

Property Image
Property Image
Property Image
Property Image
Property Image
Property Image
Property Image
Property Image
Property Image
Property Image
Property Image
Property Image
Property Image
  • Area

    area
    5140Sq Ft

A Grade II Listed building which comprises;
14 North Hill: A former children's nursery presented over ground and first floor with a basement and rear courtyard. The specification includes; a large glazed frontage, a mix of open plan cellular layout, W/C's, kitchen, heating/cooling (not tested), fire alarm and a mix of carpeted and exposed wood floors,

15 North Hill: A spacious self contained four bedroom flat (one bedroom in the attic) benefitting from a large reception/living room, kitchen, attic storage room (possible fifth bedroom) and private access via its own entrance from North Hill. Currently let to four individual tenants on AST's at a combined monthly rental of £1,825 PCM (£21,900 per annum).

There are two parking spaces provided to the rear of the property (Crispin's Court).

Accommodation
(Approximate net internal measurements)
14 North Hill
Ground Floor Approx. 1,644 sq ft 152.7 sq m
First Floor Approx. 840 sq ft 78.0 sq m
Basement Approx. 210 sq ft 19.5 sq m
Total Approx. 2,694 sq ft 250.2 sq m

15 North Hill
From scaled plans we understand the premises total approx. 2,446 sq ft (227.2 sq m).

Terms
The premises are to be sold freehold at OIEO £695,000 plus VAT.

Freehold Title: EX650692.
14 NH Long Leasehold Title: AA14474.
15 NH Long Leasehold Title: AA14438.
Title register and plans are available upon request.

Business Rates
We have been informed that the rateable value is £40,000. We estimate that the rates payable are likely to be in the region of £20,500 per annum. We understand 15 North Hill falls within council tax band A. Interested parties are advised to make their own enquiries with the local rating authority to confirm their liabilities.

Planning
We are advised that 14 North Hill benefits from consent for a Children's Nursery (Use Class D1) which was obtained in 2019 (Application No: 190816) - former consent was for a Pub/Restaurant. Use class D1 has since been replaced with Class E (effective 2020). Interested parties are advised to make their own enquires direct with Colchester Borough Council's planning department.

Energy Performance Certificate (EPC)
We have been advised that the premises fall within class E (101) of the energy performance assessment scale. A full copy of the EPC assessment and recommendation report is available from our office upon request.

VAT
All rents and prices are exclusive of VAT under the Finance Act 1989. Interested parties are advised to consult their professional advisors as to their liabilities, if any, in this direction.

Legal Costs
Each party will bear their own legal costs.

Anti-Money Laundering Regulations
Anti-Money Laundering Regulations require Fenn Wright to formally verify prospective purchaser's identify, residence and source of funds prior to instructing solicitors.

Viewing
Strictly by appointment via sole agents Fenn Wright.

Features

  • Substantial Mixed Commercial & Residential Premises
  • Suitable For Office/Retail/Restaurant & Bar S.T.P
  • Grade II Listed Building With Period Features
  • Income Producing Residential (£21,900 PA)
  • Commercial Element With Vacant Possession
  • Rear Courtyard Area
  • Two On Site Car Parking Spaces

Floor plan

Floorplan Image

Floorplan Image

Map

Call

Michael Moody

01206 854545
Make an enquiry

Register your requirements

Sign up to receive alerts on properties most relevant to you

Sign up now