Lot 80 Vacant City Centre Commercial PremisesAuction Date:
20th March 2024
37 North Hill, Colchester, Essex, CO1 1QR
This established and characterful commercial premises is situated in Colchester city centre. Colchester was granted city status in 2022 and has a thriving centre with shopping, bars and restaurants, recreational facilities and transportation links including railway stations connecting to London (Liverpool Street).
The property (parts of which are believed to date back to 1510), comprises a ground floor sales area, basement and upper parts which were formerly held on a leasehold basis as residential accommodation. There may be potential to reinstate the residential status of the upper parts, subject to all necessary consents being obtainable.
Ground Floor
Main shop/sales area, cloakroom/W.C. and rear entrance hall with stairs.
First Floor
Landing, office, kitchen and bathroom.
Second Floor
Office/store.
Basement
Local Planning Authority
Colchester City Council. Tel: 01206 282222. 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
