Guide price
£135,000
Retail premises for sale34 Eld Lane, Colchester, Essex CO1
Just added
Auction
Freehold
About this property
For sale by auction on Wednesday, 22 Oct 2025 at 10:00
Venue: Livestream Auction
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.
EPC Rating: D
Additional Fees
Buyers Premium: £1200 inc VAT payable on exchange of contracts.
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Venue: Livestream Auction
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.
EPC Rating: D
Additional Fees
Buyers Premium: £1200 inc VAT payable on exchange of contracts.
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
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