For Sale By Auction | 10:00, 30 July 2025

36A - 39 Osborne Street, Colchester, Essex CO2 7DB

*Guide | £225,000 - £275,000 (plus fees)

  • Retail Property (high street)
  • Tenure: Freehold

Call the team on 01473 558 888 for more information

Auction Date

Wed 30/07/2025

Auction Time

10:00

Auction Venue

Livestream Auction

A prime investment/refurbishment opportunity comprising five retail units

A rare opportunity to acquire the Freehold of five retail units situated on the fringe of the city centre. One of the properties is currently leased with the remainder offering vacant possession and potential for use in a variety of trades. A summary of what's on offer: 36A Osborne Street (327 sq. ft) - Leased until 2028 for £6,000 pa and trading as a beauty salon. Has a flying Freehold above. 37 Osborne Street (347 sq. ft) - Ground floor, requires refurbishment, vacant. 37a Osborne Street (654 sq. ft) - First floor former hairdressers, vacant. 38 Osborne Street (346 sq. ft) - Ground floor, requires refurbishment, vacant. 39 Osborne Street - (717 sq. ft) - Over 2 floors, former convenience store, vacant It is considered that if presented in good order the combined annual rental income could readily exceed £30,000 making this an exceptional investment opportunity.

Tenure

Freehold

Viewing

Open Viewing has been scheduled as follows: Wed 16th July - 11.00am to 12.00pm Tues 22nd July - 1.00pm to 2.00pm BOOKING AN APPOINTMENT IS ESSENTIAL Please call 01473 558888 to confirm your attendance.

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 - £1440 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.