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COMMERCIALSOLD STC

34 Eld Lane, Colchester, Essex CO1 1LS

Guide Price
£135,000
Auction House, East Anglia
PROPERTY TYPE

Shop

SIZE

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Key features

  • City centre investment
  • Let on a 6 year lease from 2023
  • Annual rent of £13,000
  • Busy pedestrianised retail location
  • Guide price - £135,000 to £150,000
  • For sale by livestream auction
  • Unless previously sold or withdrawn prior
  • 10:00 am, Wednesday 22nd October 2025

Description

SOLD AFTER 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.

Tenure: Freehold

EPC Rating: D

Administration Fee: £1200 inc VAT payable on exchange of contracts.

Buyer's Premium Fee: £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.

34 Eld Lane, Colchester, Essex CO1 1LS

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Colchester Town Station0.2 miles
  • Colchester Station0.9 miles
  • Hythe Station1.2 miles
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About Auction House, East Anglia

The Barn Newmarket Road Cringleford Norwich NR4 6UE
Industry affiliations:

Why Use Auction House East Anglia?

Auction House East Anglia is an award-winning auctioneer with offices in Norwich, Ipswich, King's Lynn, Peterborough, Leigh-on-Sea and Cambridge. We are the largest and most successful property auctioneer in the region, having sold 628 lots and raised £112 million for our clients in 2025.

Our team are equipped with local expert knowledge and experience that enables us to assist everyone from Brancaster to Braintree, Harlow to Huntingdon, and Spalding to Southwold. We hold regular livestream auctions throughout the year, which seamlessly blend the traditional auction experience with modern technology to make buying and selling under the hammer even more accessible. In addition to our livestream auction, we also offer our highly successful weekly online auctions, where bidding opens every Monday at 1pm for 24 hours.

Notes

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Disclaimer - Property reference 202509041600sq_3ofz. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Auction House, East Anglia. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House, East Anglia on 01603 361653.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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