Lot 70 - Freehold City Centre Commercial Property
132 High Street, Essex, CO1 1SP
Guide Price: *
£180,000
Fees apply
Buyer's fee:Check legal pack
All fees include VAT at 20%
Holding Deposit: *£5,000
*Only charged if you are the successful buyer and goes towards the purchase price
Auction Type:
Traditional
Sold for:
£188,000Bid history
9 bidsR
01/11/2023 13:29:13 - £188,000
M
01/11/2023 13:24:34 - £187,000
R
01/11/2023 13:22:20 - £186,000
See all 9 bids ▾
This city centre commercial premises is arranged over four levels (including basement) and occupies a High Street position close to restaurants and Marks and Spencer's and directly next-door to the Hippodrome building. The property is also well placed for local bus routes and Colchester town Railway Station.
The building offers ground floor retail space with auxiliary storage over first, second and basement levels. It may offer potential for alternative uses, subject to all necessary consents being obtainable.
Ground Floor
Predominantly open-plan retail space.
Basement, First & Second Floors
Offer auxiliary storage with an internal staircase accessing first and second floors.
Auctioneer's Note
At the time of publication an internal inspection of the property has not been possible and the information provided by our Joint Auctioneers. Interested parties must rely upon their own enquiries.
Local Planning Authority
Colchester Borough Council. Tel: 01206 282424. Website: colchester.gov.uk.
Freehold with Vacant Possession
Joint Auctioneer
Whybrow, 2 De Grey Square, De Grey Road, COLCHESTER, Essex, CO4 5YQ, 01206 699980
Summary
- Lot number
- 70
- Auction end
- 1st Nov at 13:34
- Property type
- Commercial
- Tenure
- Ask Agent
- Bedrooms
- 0
- Bathrooms
- 0
- Council tax band
- Ask Agent
Summary
- Lot number
- 70
- Auction end
- 1st Nov at 13:34
- Property type
- Commercial
- Tenure
- Ask Agent
- Bedrooms
- 0
- Bathrooms
- 0
- Council tax band
- Ask Agent
This property is being sold by:
Clive Emson - Essex, North & East London
01245 205778
First Floor, 129 New London Road, Chelmsford, Essex, CM2 0QT
†Traditional auction
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Auctions and Clive Emson Auctioneers shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by Clive Emson Auctioneers. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.
