15/19 High Street Earls Colne Near Colchester Essex CO6 2PA

  • 15/19 High Street<br>Earls Colne<br>Near Colchester<br>Essex<br>CO6 2PA

15/19 High Street
Earls Colne
Near Colchester
Essex
CO6 2PA

Freehold Retail and Residential Ground Rent Investment

  • Majority let to East of England Cooperative Society Limited
  • Lease expiring September 2037 (no breaks and sublet)
  • Affluent and historic Essex village
  • Immediate asset management opportunities
  • Large double fronted shop of approx. 229.97 sq m (2,474 sq ft)
  • Prominent position on High Street
  • Lot
    38
  • Auction
    27th March 2025
  • Rent
    £28,285 per Annum Exclusive
  • Status
    Withdrawn Post
  • Price
     
  • Auction Venue
    Live Streamed Auction
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Freehold Retail and Residential Ground Rent Investment

  • Majority let to East of England Cooperative Society Limited
  • Lease expiring September 2037 (no breaks and sublet)
  • Affluent and historic Essex village
  • Immediate asset management opportunities
  • Large double fronted shop of approx. 229.97 sq m (2,474 sq ft)
  • Prominent position on High Street
  • Lot 38
  • Auction 27th March 2025
  • Rent £28,285 per Annum Exclusive
  • Status Withdrawn Post
  • Price  
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
8 miles west of Colchester, 7 miles east of Braintree, 16 miles north east of Chelmsford
Roads
A131, A120
Rail
Chapel and Wakes Colne Railway Station
Air
London Stanstead Airport
Situation

The property is situated on the north side of the busy High Street in the heart of the village centre of Earls Colne. Nearby occupiers include a number of independent retailers, restaurants and cafes.

Tenure

Freehold.

Location
Miles
8 miles west of Colchester, 7 miles east of Braintree, 16 miles north east of Chelmsford
Roads
A131, A120
Rail
Chapel and Wakes Colne Railway Station
Air
London Stanstead Airport
Situation

The property is situated on the north side of the busy High Street in the heart of the village centre of Earls Colne. Nearby occupiers include a number of independent retailers, restaurants and cafes.

Tenure

Freehold.

Description

The property comprises a large double fronted shop together with residential accommodation on the first and attic floors which has been let on a long lease. The property includes storage yard to the rear and this is shared with the residential flat above.

VAT

VAT is applicable to this lot.

EPC

D90 (Retail)

Description

The property comprises a large double fronted shop together with residential accommodation on the first and attic floors which has been let on a long lease. The property includes storage yard to the rear and this is shared with the residential flat above.

VAT

VAT is applicable to this lot.

EPC

D90 (Retail)

Tenancy & Accommodation

Floor Use Floor Areas
Approx sq m
(1)
Floor Areas
Approx sq ft
(1)
Tenant Term Rent p.a.x.
Ground
Lower Ground
Retail
Ancillary
220.52
9.45
(2,373)
(101)
EAST OF ENGLAND COOPERATIVE SOCIETY LIMITED
(2)
30 years from 28/09/2007 until 27/09/2037
£28,285
First/Attic Residential
-
-
INDIVIDUAL 999 years from 13/10/1997
Peppercorn
Total Approximate
Commercial Floor Area
 
229.97
(2,474)
   
£28,285

(1) The commercial floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk).
(2) The East of England Cooperative Society are the largest independent retailer operating in the East of England. We provide food stores and specialist services, such as funerals, security, travel agents and petrol filling stations to communities across Essex, Norfolk, Suffolk, Cambridgeshire and Hertfordshire (www.eastofengland.coop). Please note the convenience store has been sublet.

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Alexander AuteracAlexander Auterac +44 (0)20 7034 4859 +44 (0)7713 135 034alexander.auterac@acuitus.co.uk
Seller's Solicitors
Field Fisher LLP Riverbank House, 2 Swan Lane
London
EC4R 3TT
John Nelmes 0330 460 6885John.nelmes@fieldfisher.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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