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Get brand editions for Oakheart Property, Chelmsford, covering Witham & Braintree
COMMERCIAL

Church Lane, Colchester

Offers in Excess of
£750,000
Oakheart Property, Chelmsford, covering Witham & Braintree
PROPERTY TYPE

Commercial Property

SIZE

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Description

FREEHOLD INVESTMENT OPPORTUNITY

The property occupies a highly visible and prominent position in Lexden, benefiting from strong footfall and excellent accessibility to Colchester town centre and surrounding residential areas. Lexden is known for its mix of traditional charm and modern amenities, attracting a wide demographic including professionals, families, and students.

The ground floor features four well-sized retail units, each currently occupied by established tenants, offering a reliable stream of rental income. The commercial tenants benefit from good frontage and visibility, making this location ideal for local businesses. Above, the two self-contained residential flats are in good condition, well-maintained, and consistently let, with reliable rental history. These flats provide an additional layer of income diversification and benefit from strong local demand for rental housing in this popular area.

Investment Highlights:
Attractive Yield: With a gross income of £63,000 per annum, the property delivers an impressive gross yield of approximately 8.4%, ideal for investors seeking both stability and return. Fully Let & Income-Producing: The property is currently fully tenanted, meaning immediate income from day one.

Desirable Location: Lexden is a sought-after location within Colchester, well-regarded for its amenities, schools, and proximity to transport links, increasing the long-term capital value. Mixed-Use Security: With both commercial and residential elements, the property provides a well-balanced and diversified income stream.

Location:
Lexden is a prestigious suburb of Colchester, the oldest recorded town in Britain and a rapidly growing regional hub in Essex. The area benefits from:

Easy access to the A12 and Colchester Town Centre
Close proximity to Colchester North Station – direct trains to London Liverpool Street

Brochures

Church Lane, ColchesterBrochure

Church Lane, Colchester

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Colchester Station1.9 miles
  • Colchester Town Station1.9 miles
  • Hythe Station2.9 miles
Get brand editions for Oakheart Property, Chelmsford, covering Witham & Braintree

About Oakheart Property, Chelmsford, covering Witham & Braintree

20 Victoria Road, Chelmsford, CM1 1PA
Industry affiliations:

At Oakheart Property, we understand the importance of a comprehensive and strategic approach to marketing your property. That's why we offer an 8 to 12 week sales and marketing strategy tailored to your unique needs. Our multi-faceted approach includes advertising on major property portals such as Rightmove, Zoopla, and OnTheMarket, as well as leveraging the power of social media to reach a wider audience.

To provide potential buyers with a comprehensive understanding of your property, we offer detailed floorplans and immersive 360-degree virtual tours.

Additionally, our video promotion and drone footage showcase your property in the best possible light, captivating potential buyers and setting your listing apart. For empty properties, our team of experts provides internal staging services, ensuring your home is presented in a way that maximises its appeal and value. Furthermore, your property will be prominently featured on our website, which boasts over 10,000 users each month, further expanding the reach of your listing.

With Oakheart Property, you can trust that your property will receive the attention and exposure it deserves, leading to a successful and efficient sales process.

Notes

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Disclaimer - Property reference 34234670. 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 Oakheart Property, Chelmsford, covering Witham & Braintree. 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.

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