For Sale By Auction | 11:00, 26 March 2025 | Lot 34

40 Osborne Street, Colchester, Essex CO2 7DB

*Guide | £225,000 (plus fees)

  • Retail Property (high street)
  • Tenure: Freehold

Call the team on 01473 558 888 for more information

Auction Date

Wed 26/03/2025

Auction Time

11:00

Auction Venue

Livestream Auction

A well presented city centre retail/office unit.

Occupying a high profile and busy position in the city centre is this well presented retail/office premises extending to approximately 1,216 sq ft (113.0 sq m) The property offers an open plan ground floor with a tea point and WC facilities along with 2 spacious first floor offices. To the rear is a small garage/store (not suitable for vehicles) accessed via double personnel doors. It is considered to have potential for a variety of uses (STPP) and interested parties are advised to contact the local authority regarding suitability for their purpose. NOTE - Please be advised there is no allocated parking although we understand there is a vehicular right of way to the garage/store for loading/unloading.

Tenure

Freehold

Energy Efficiency Rating (EPC)

Current Rating C

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

Ellisons Solicitors (Colchester), Ref: Daniel Marigold, Tel: 01206 719684

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 - £1140 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.