TO LET (MAY SELL) HIGHLY PROMINENT AND ACCESSIBLE CAR DEALERSHIP IPSWICH ROAD, COLCHESTER, CO4 9TF - LoopNet
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TO LET (MAY SELL)
HIGHLY PROMINENT AND ACCESSIBLE CAR DEALERSHIP
IPSWICH ROAD, COLCHESTER, CO4 9TF
DUE TO A POTENTIAL RELOCATION
TO LET (MAY SELL) CONTACT Edward Price
HIGHLY PROMINENT CAR DEALERSHIP +44 121 233 6417 | +44 7816 640 873
ed.price@knightfrank.com
IPSWICH ROAD, COLCHESTER, CO4 9TF Tom Poynton
+44 121 233 6428 | +44 77253 13924
tom.poynton@knightfrank.com
EXECUTIVE SUMMARY
• Dual-franchised car dealership facility
• Available due to a potential relocation
• Highly prominent and accessible location fronting the
roundabout of Ipswich Road and A120, which provides
immediate access to Junction 29 A12
• Established mixed use commercial / residential area
• Affluent south east location
• 17,879 sq ft on a site of 1.33 acres
• Potential for a range of alternative uses (subject to
planning)
Indicative CGI image of the subject property for possible re-branding
• To Let (May Sell) – our client is seeking leasehold offers at
a rental of £200,000 per annum (subject to covenant and
lease terms) and may consider freehold offers in excess
of £3,000,000.
TO LET (MAY SELL)
CONTACT
CONTACT Edward Price
HIGHLY PROMINENT CAR DEALERSHIP +44 121 233 6417 | +44 7816 640 873
ed.price@knightfrank.com
IPSWICH ROAD, COLCHESTER, CO4 9TF Tom Poynton
+44 121 233 6428 | +44 77253 13924
tom.poynton@knightfrank.com
LOCATION
Colchester is a large town within the county of Essex.
Ipswich is located 19 miles to the north east, Chelmsford 25
miles to the south west and Central London approximately 66
miles to the south west. Central Colchester is approximately
4 miles to the south west.
The subject property occupies a highly prominent and raised
site, situated fronting the roundabout of Ipswich Road and
A120, which provides immediate access to Junction 29 A12
within close proximity.
The immediate surrounding area is of a mixed commercial
and residential nature. The property forms part of a cluster of
three car dealerships, adjacent to Cooper BMW and MINI,
with industrial uses predominant on the western side of
Ipswich Road and residential dwellings opposite to the south
east.
TO LET (MAY SELL) CONTACT Edward Price
HIGHLY PROMINENT CAR DEALERSHIP +44 121 233 6417 | +44 7816 640 873
ed.price@knightfrank.com
IPSWICH ROAD, COLCHESTER, CO4 9TF Tom Poynton
+44 121 233 6428 | +44 77253 13924
tom.poynton@knightfrank.com
DESCRIPTION ACCOMMODATION
The property comprises of an established and highly prominent DESCRIPTION SQ M SQ FT
car dealership, currently trading with the Honda and Mitsubishi Honda Showroom 396 4,263
franchises. Mitsubishi Showroom 277 2,982
Overall construction utilises a steel portal frame, with over clad Workshop 481 5,177
block elevations and extensive glazing to the showroom areas. Valeting / Wash Bays 21 226
Due to the elevated nature of the site, the showrooms are at Offices / Parts / Ancillary 486 5,231
upper ground floor level, with the workshops at lower ground
Total 1,661 17,879
floor level.
The property is very well-presented, and provides highly
specified showroom accommodation to the front, with
workshop, parts stores, administrative offices and valeting
facilities to the rear.
The showroom has capacity for 13-15 vehicles, with the
workshop accommodating ten vehicle bays.
Externally the site is laid principally to hard standing and
provides for vehicle display, parking and storage for
approximately 154 vehicles.
TO LET (MAY SELL) CONTACT Edward Price
HIGHLY PROMINENT CAR DEALERSHIP +44 121 233 6417 | +44 7816 640 873
ed.price@knightfrank.com
IPSWICH ROAD, COLCHESTER, CO4 9TF Tom Poynton
+44 121 233 6428 | +44 77253 13924
tom.poynton@knightfrank.com
FURTHER INFORMATION
Rateable Value Site Area
Car Showroom and premises - £205,000. Interested parties are The site has an area of 1.33 acres.
advised to contact the relevant billing authority to discuss rates
payable.
Planning
The location is an area administered by Tendring District
Council. We recommend that interested parties make their own
enquiries to the council regarding a potential change of planning
use.
EPC
The property has an EPC rating for C (67).
VAT
VAT may be payable on any transaction at the prevailing rate.
Terms
To Let (May Sell) – our client is seeking leasehold offers at a
rental of £200,000 per annum (subject to covenant and lease
terms) and may consider freehold offers in excess of
£3,000,000.CONTACT Edward Price +44 121 233 6417 | +44 7816 640 873 ed.price@knightfrank.com Tom Poynton +44 121 233 6428 | +44 77253 13924 tom.poynton@knightfrank.com IMPORTANT NOTICE Particulars: These particulars are not an offer or contract, nor part of one. Any information about price or value contained in the particulars is provided purely as guidance, it does not constitute a formal valuation and should not be relied upon for any purpose. You should not rely on statements by Knight Frank in the particulars or by word of mouth or in writing (“information”) as being factually accurate about the property, its condition or its value. Neither Knight Frank LLP nor any joint agent has any authority to make any representations about the property. No responsibility or liability is or will be accepted by Knight Frank LLP, seller(s) or lessor(s) in relation to the adequacy, accuracy, completeness or reasonableness of the information, notice or documents made available to any interested party or its advisers in connection with the proposed transaction. All and any such responsibility and liability is expressly disclaimed. Photos, Videos etc: The photographs, images, property videos and virtual viewings etc. show only certain parts of the property as they appeared at the time they were taken. Areas, measurements and distances given are approximate only. Regulations: Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained. A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct. VAT: The VAT position relating to the property may change without notice. Financial Crime: In accordance with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 and Proceeds of Crime Act 2002 Knight Frank LLP may be required to establish the identity and source of funds of all parties to property transactions. To find out how we process Personal Data, please refer to our Group Privacy Statement and other notices at https://www.knightfrank.com/legals/privacy-statement. [Particulars dated [February 2021]. Photographs and videos dated [October 2017]. ] Knight Frank is the trading name of Knight Frank LLP. Knight Frank LLP is a limited liability partnership registered in England and Wales with registered number OC305934. Our registered office is at 55 Baker Street, London W1U 8AN where you may look at a list of members' names. If we use the term 'partner' when referring to one of our representatives, that person will either be a member, employee, worker or consultant of Knight Frank LLP and not a partner in a partnership. knightfrank.co.uk Connecting people & property, perfectly.
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