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Guide price

£400,000

Parking/garage for sale
Balkerne Passage, Colchester, Colchester CO1

    Freehold
    Added on 23/10/2024

    About this property

      Available to the market is this investment opportunity of 12 parking spaces next to the iconic Jumbo water tower. We are pleased to offer 12 parking spaces for sale, located adjacent to the historic and iconic Jumbo water tower in Colchester. The Jumbo tower, a beloved landmark, is undergoing a significant restoration and transformation through The Jumbo Project.

      With support from the National Lottery Heritage Fund and other partners, the tower will soon become a vibrant community hub featuring a restaurant, visitor experience, and historical interpretation space. As the water tower draws more visitors and becomes a fully accessible heritage attraction, these parking spaces offer prime investment potential, benefitting from the increased foot traffic and interest in this remarkable site. Don’t miss out on this unique opportunity to own a piece of Colchester’s future while enjoying a steady revenue stream from the high demand for parking in the area.

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      Michaels Property Consultants

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