£65,000

Restaurant for sale

  1. Property photo 1 of 17.
  2. Property photo 2 of 17.
  3. Property photo 3 of 17.
Just added
Leasehold

£65,000

Restaurant for sale

Bar, Colchester CO1

Available immediately

Local area information

Property location

Nearby amenities

  • North Primary School and Nursery 0.3 miles
  • St John's Green Primary School 0.4 miles
  • Colchester Town 0.5 miles
  • Colchester 0.7 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Colchester to find out more about the local area.

Features and description

  • Leasehold
An exceptional opportunity to acquire a fully fitted, well-established restaurant and bar situated in a prime location in Colchester town centre. 11a North Hill offers a blend of historic character and contemporary style, extending to approximately 1,920 sq. Ft. Across two floors.

The ground floor features a striking open-plan bar, kitchen and seating area, a separate dining space, two reception zones, outdoor kitchen, WC, wine store, and additional storage. The first floor offers a further dining room, WC, staff facilities, and a dry store.

Positioned just off the High Street, and adjacent to a multi-storey car park, the restaurant benefits from excellent visibility, footfall, and convenience.

This is a turnkey opportunity ideal for an experienced operator or a new concept looking to take advantage of a thriving central location with minimal setup cost. RX582032

Location

The property is situated within a mews which is located in the heart of Colchester town centre, one of the UK’s oldest recorded towns. Accessed by an archway from North Hill, it is positioned adjacent to a multi-storey car park and within walking distance of shops, offices, and Colchester High Street, the property benefits from high footfall and excellent accessibility. North Hill is a vibrant area known for its blend of independent businesses and chain operators, making it an ideal location for food and beverage use

History

The property is part of Colchester’s rich architectural heritage, featuring traditional red brick and timber-framed elements. Once part of the historic market area, it has been modernised internally to suit contemporary hospitality needs while retaining its charming exterior.

The building earned its moniker, "The Old Joinery Shop, " from its historical use as a workshop.

Today, The property stands as a testament to Colchester's ability to blend its rich historical heritage with modern innovation, offering both locals and visitors a taste of the town's evolving narrative

The Property

Total Floor Area: Approx. 1,920 sq. Ft.

Ground Floor: 1,340 sq. Ft. Approx.

First Floor: 580 sq. Ft. Approx.

Ground Floor Includes:

Reception Area

Outdoor Kitchen housing commercial catering equipment - alternatively could be transformed into a courtyard bar
WC


Open Plan Bar / Kitchen / Seating Area with a full compliment of catering equipment

Restaurant Area

Back Kitchen housing walk in freezer and pot wash area

Wine Store and General Store

First Floor Includes:

Lobby / Seating Area

Dining Room
WC


Staff Room

Dry Store

The interior provides multiple distinct zones for dining and service, offering flexibility in layout for various operational styles such as fine dining, bistro, or cocktail bar.

Externally the property provides an attractive courtyard seating/dining area equipped with table and chairs, lighting and brick feature fireplace

Tenure

Assignment of Lease:

10-year full repairing and insuring (Fri) lease commencing November 2020

Annual rent: £30,000

Tenant break clause and rent review: November 2026

Premium to include fixtures and fittings - £65,000

Key Features

✔ Prime town centre location with high footfall

✔ Spacious open-plan kitchen/bar and multiple dining areas

✔ Outdoor kitchen and potential for al fresco service

✔ Staff areas, WC facilities, and ample storage

✔ Adjacent to public parking – ideal for customers

✔ Turnkey opportunity – no major fit-out required

Business Rates

Rateable value of £22,000

Legal Costs

Each party to pay their one legal costs involved in this transaction. Landlords costs are to be split 50/50

Disclaimer

Whilst every care is taken to ensure that these particulars are correct, accuracy is no way guaranteed and none of the information supplied forms part of any contract. Acceptance of these particulars constitutes a contract to the effect that all negotiations for the business or property will be made through Gilbert & Rose otherwise the purchaser will be equally responsible with the vendor for damages equal to the amount of our commission

Floor plans and tours

Floor plans (1)

Floor plan 1

More information

Report this listing

Property descriptions and related information displayed on this page are marketing materials provided by - Gilbert & Rose Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Gilbert & Rose Commercial for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Essex
  4. Colchester
  5. North Hill