8 Crouch St | Colchester CO3 3ES
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8 Crouch St
Colchester CO3 3ES
Retail Property For Sale
Executive Summary
The property is let to Truth Bar & Nightclub Ltd (13909273) for a period of ten years from 24th March 2022 at a passing rent of
£55,000pax. Mr D Smith & Ms J Smith are guarantors to the lease. The lease includes upward rent reviews on 24th March 2026 and 24th March 2030.
£55,000pax. Mr D Smith & Ms J Smith are guarantors to the lease. The lease includes upward rent reviews on 24th March 2026 and 24th March 2030.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Building Size
2,690 SF
Building Class
B
Year Built
1980
Price
$810,979
Price Per SF
$301
Cap Rate
8.46%
NOI
$68,621
Tenancy
Single
Building Height
2 Stories
Frontage
34 FT on Crouch St
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