Lot 64 A Mix Of Commercial And Residential Property For Improvement In City CentreAuction Date:
1st May 2025
42, 43 & 43A Osborne Street, Colchester, Essex, CO2 7DB
This established mid-terrace building is situated in Colchester City Centre and ideally placed for access to High Street shopping, bars, restaurants, recreational facilities and transportation links including both the bus and railway stations.
Comprising three individual elements all held on Freehold Titles they are now in need of improvement and offers great potential for updating or re-configuration. The building consists of a commercial premises on the ground floor which was formerly a taxi rank office with a one-bedroom split level flat above and a separate two-bedroom split level dwelling arranged over ground and first floors.
43 Osborne Street
Ground Floor - Commercial
Entrance, waiting room, office, back office and kitchenette with rear door to shared courtyard.
EPC Rating
D (79). Total Floor Area 40 sq.m.
42 Osborne Street
Ground Floor - Split Level Flat
Entrance to rear with access from the shared courtyard, reception hallway, living room/kitchen and bathroom with W.C.
First Floor
Landing and two bedrooms.
EPC Rating E
Council Tax Band A
43A Osborne Street
First Floor - Split Level Flat
Access via staircase from the rear shared courtyard.
First Floor
Kitchen and living room.
Attic Level
Bedroom with two skylight windows.
EPC Rating E
Council Tax Band A
Outside
Shared courtyard to the rear over which there is access for this and other properties together with access to lock-up storage sheds.
Freehold with Vacant Possession
There is an addendum available to be read
in conjunction with the legal documentation.
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
