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Property for Auction in East Anglia - 34 Eld Lane, Colchester, Essex CO1 1LS

34 Eld Lane, Colchester, Essex CO1 1LS

£135,000
Commercial
About this Property
2025-10-22
135000
Traditional
Commercial
Description

A city centre retail investment in a busy pedestrian location Situated in one of the city's primary retail locations is this end terraced premises trading as an old fashioned sweet shop.

The property comprises a 436 sq ft (40.5 sq m) retail area with first floor storage and is let on a 6 year lease from February 2023 with a personal guarantee and an annual rent of £13,000 with an upward only review due in 2026.

A solid investment opportunity. Tenure Freehold Energy Efficiency Rating (EPC) Current Rating D Services Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services. Local Authority Colchester Borough Council Solicitors Penningtons Manches Cooper, Ref: Martin Codd, Tel: 020 7457 3000 Important Notice to Prospective Buyers: We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others. Additional Fees Buyer's Premium - £1200 inc VAT payable on exchange of contracts. Administration Charge - £1200 inc VAT payable on exchange of contracts. Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Location
Property for Auction in East Anglia - 34 Eld Lane, Colchester, Essex CO1 1LS
More Information
Freehold
Eld Lane
Commercial
Planing Authority
Colchester LPA
Sold Price History
06 Feb 2001Sold£249,990
22 Dec 2003Sold£300,000

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