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The Old Siege House 75 East St

5,468 SF Retail Building Colchester CO1 2TS $1,012,645 ($185/SF)

Investment Highlights

  • Good road links
  • Close proximity to local amenities
  • Good transport links

Executive Summary

Freehold available seeking offers in the region of £800,000 (no VAT). The purchase price includes all trade fixtures and fittings. Stock to be purchased separately upon completion. The sale will be a transfer of a going concern (TOGC) and TUPE will apply.
This character, period 15th Century property oozes history from its extensive exposed wooden beams, oak panels and stained glass windows. In fact the timber frame of the west side and south front of the building contains many bullet holes from the fighting during The Siege of Colchester between the Royalists and the Parliamentarians during the reign of Charles I.
The property has the benefit of trading across 2 floors, both with their own bar servery. The ground has a front and side entrance, as well as a rear entrance through the patio garden. The area has several split seating areas due to the timber frames and can seat approx 60 covers. A beautiful wooden staircase leads to the first floor, with a fully equipped trade kitchen with prep and storage areas off the landing halfway up the stairs with an open pass area. First floor can seat up to 80 customers but is split with a private dining room and four separate areas, which makes the space ideal for private parties or small conferences and meetings.
On the 1st floor is a large 2 bedroom flat, consisting of a kitchen, lounge and bathroom facilities.
External areas consist of an enclosed patio garden with furniture and heaters. Seating for up to 60 customers. Car park for up to 15 cars.

Attachments

Old Siege House

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Building Size
5,468 SF
Building Class
B
Year Built
1789
Price
$1,012,645
Price Per SF
$185
Tenancy
Single
Building Height
3 Stories
Building FAR
0.78
Land Acres
0.16 AC
Parking
15 Spaces (2.74 Spaces per 1,000 SF Leased)
Frontage
67 FT on East Street

Amenities

  • Security System
  • Energy Performance Rating - E
  • Storage Space

Nearby Major Retailers

Lidl
Waitrose & Partners
Aldi
Co-operative Food
Iceland
St Botolphs Community Store
Tesco Superstore
Costa Coffee
Sainsbury's
Pure Gym
  • Listing ID: 32931930

  • Date on Market: 8/23/2024

  • Last Updated:

  • Address: 75 East St, Colchester CO1 2TS

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