Lot 70 Freehold City Centre Commercial PropertyAuction Date:
1st November 2023
132 High Street, Colchester, Essex, CO1 1SP
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
Important
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.
* Price Information
Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).
We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.
Additional Fees
An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.
All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to Buyers Fees
