With riverside frontage & outdoor eating and drinking space the bar is well positioned close to residential and commercial premises as well as the University of Essex campus and therefore offer a wide potential market place.
The property is all on a single level. There are a small number of allocated parking spaces at the rear of the property and you can walk straight into the bar from the car park or alternatively the bar can be accessed from the riverside frontage as well.
The property measures approximately 1700 sq ft (not including the outside space) and therefore it offers great potential for a large number of customers with increased capacity on days when the weather allows you to sit outside and enjoy the view.
The bar is situated in the town of Colchester. Accessed by car via a residential development or by foot over the bridge across the river Colne, the bar is also a short distance from Hythe Quay train station with direct access into London Liverpool Street. The main shopping centre of Colchester is approximately 5 minutes drive away and the Hythe Quay part of Colchester has seen major redevelopment in recent years and will continue to improve and change moving forwards.
The current owners recently signed a 6 and half year lease ending February 2023, It is a lease with a current rent of £14,500 per annum paid on a quarterly basis with a rent review date set for August 2019.
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