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Studio, in Balkerne Passage, £400,000
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Parking

Balkerne Passage, Colchester, Colchester CO1
£400,000

Our Summary

  • Available to the market is this investment opportunity of 12 parking spaces next to the iconic Jumbo water tower
  • The Jumbo tower, a beloved landmark, is undergoing a significant restoration and transformation through The Jumbo Project
  • 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

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Description

Available for sale are 12 parking spaces located adjacent to the iconic Jumbo water tower in Colchester, which is undergoing a significant restoration and transformation into a community hub featuring a restaurant, visitor experience, and historical interpretation space. As the water tower attracts more visitors and becomes a fully accessible heritage attraction, these parking spaces offer a prime investment opportunity, benefiting from increased foot traffic and demand for parking in the area. This unique chance to own a piece of Colchester's future comes with a steady revenue stream, making it an attractive investment opportunity for those looking to capitalize on the area's growth and development.