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48-50 High St

8,212 SF Retail Condo Unit in Colchester CO1 1DH

Storefront Properties Essex Colchester 48-50 High St, Colchester, ESS CO1 1DH

Investment Highlights

  • Income producing investment sale
  • Prime location in shopping parade
  • Parking

Executive Summary

The property is situated on a commercial road close to local shops and amenities. The open spaces of Castle Park are within easy reach. Nearby multiples include Tesco Express, McDonald's and HSBC. Transport links are provided by Colchester Town rail station.

Property Facts

Unit Size 8,212 SF Building Class B
No. Units 1 Floors 4
Total Building Size 31,528 SF Typical Floor Size 6,955 SF
Property Type Retail (Condo) Year Built 1999
Property Subtype Storefront Lot Size 0.36 AC
Sale Type Investment Sale Conditions Auction Sale
Unit Size 8,212 SF
No. Units 1
Total Building Size 31,528 SF
Property Type Retail (Condo)
Property Subtype Storefront
Sale Type Investment
Building Class B
Floors 4
Typical Floor Size 6,955 SF
Year Built 1999
Lot Size 0.36 AC
Sale Conditions Auction Sale

1 Unit Available

Unit 48

Unit Size 8,212 SF Tenure Freehold
Condo Use Retail Sale Conditions Auction Sale
Sale Type Investment
Unit Size 8,212 SF
Condo Use Retail
Sale Type Investment
Tenure Freehold
Sale Conditions Auction Sale
Description

The property comprises a mid terrace building arranged to provide a ground floor shop with first, second and third floor ancillary accommodation.

Sale Notes

Lot 34 is available for sale at Auction House London’s online auction to be held on Tuesday 13th/Wednesday 14th November 2024.

The property comprises an investment/long leasehold investment/owner user opportunity for sale.

The asking price is £450,000, representing a gross initial yield of 13.88%.

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Amenities

  • Energy Performance Rating - B
  • Storage Space

Nearby Major Retailers

eurochange Colchester
HSBC
Barclays
NatWest
Lloyds Bank
Metro Bank
German Doner Kebab
Santander
Five Guys
Turtle Bay
+44 20 7625 9007

  • Listing ID: 33840008

  • Date on Market: 11/12/2024

  • Last Updated:

  • Address: 48-50 High St, Colchester CO1 1DH

The Retail Property at 48-50 High St, Colchester, CO1 1DH is currently available For Sale. Contact Auction House London for more information.

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48-50 High St
+44 20 7625 9007 x

48-50 High St

Alice Chemla

+44 20 7625 9007

+44 20 7625 9007

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