11 King's Quay Street, Harwich, Essex, CO12 3EU

Lot Image

Auction sale - Monday 13th July 2015

Result:

Sold Prior to auction, for an undisclosed amount.

  • Freehold restaurant (56 covers) and self contained 2/3 bedroom maisonette
  • Historic town centre location
  • Asset management opportunities
  • Producing £7,800 per annum plus vacant restaurant

Details

Location

Harwich is a commercial port on the east coast forming part of the Harwich Haven and lies about 20 miles east of Colchester and 19 miles north of Clacton-on-Sea. The town is accessed via the A120, which provides direct access to the A12 to the west. The town is well known for its ferry port, which provides regular services to Holland. King's Quay Street is located by the main harbour on the northern edge of the Harwich peninsula, with the property occupying a corner position with St Austin's Lane.

Description

The property comprises a Grade II listed period corner property arranged as a fully fitted ground floor restaurant with about 20 covers and lower ground floor seating for another 36 covers. There is a fully fitted and operational kitchen to the rear as well as a cloakroom/WC and small rear yard. There is a self-contained maisonette arranged over the upper floors, with sea views, accessed via St Austin's Lane that has two bedrooms, two bathrooms, kitchen, living room and an additional loft/3rd bedroom (accessed via ladder). The flat is fully modernised and has many period features such as exposed beams.

Tenure

Freehold.

Planning Authority

Tendring District Council (01255 686868) www.tendringdc.gov.uk.

Energy Performance Certificate

For EPC Rating please see website.

Address Accommodation Tenant Lease Terms Rent £ pa
TOTAL £7,800
11 King's Quay Street Ground floor restaurant/kitchen 609 sq ft (56.62 sq m) Lower ground floor 513 sq ft (47.70 sq m) First/second floors and loft 2/3 double bedrooms, study, living room, kitchen, bathroom x 2 Individual Vacant Holding over £7,800
The restaurant is currently trading but the property will be offered with vacant possession upon completion. A lease/license may be agreed post auction.

Contact

Seller's solicitor

Ellisons Solicitors

(Philip Roberts)

01206 764477

philip.roberts@ellisonssolicitors.com

* Guide price

The guide price is an indication of the minimum price at which, or if a guide price range is given, within which, the seller is prepared to sell at the date of publication. The guide price is not an anticipated sale price or valuation. All prices quoted are subject to contract.

* Reserve price

The reserve price is the minimum price acceptable to the seller and the price below which the auctioneer cannot sell.

Both the guide and reserve may be subject to change up to and including the day of the auction. The guide price does not include either VAT which may apply to the sale or other amounts the seller may charge. The seller’s Special Conditions of Sale and addendum if any, will state whether there are other seller’s charges and whether the seller has elected to charge VAT on the sale price. On the fall of the hammer a buyer’s fee is payable of £990 inclusive of VAT.

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