Lot 47 Mixed Residential And Commercial Town Centre InvestmentAuction Date:
24th September 2026

A freehold block of eight flats, plus three commercial units (Units 8 & 9 currently arranged as one premises) and Unit 10 The Centre. The block is located just off the High Street in the historic north-Essex market town of Halstead, which sits on the River Colne, approximately six miles north-east of Braintree and 12 miles north-west of Colchester.

The traditional High Street has local shops, pubs and restaurants, together with supermarkets and bus routes servicing surrounding areas. The nearest railway station is at Braintree, approximately six-and-a-half miles away with connections to London (Liverpool Street), via Witham.

The property, which comprises seven one-bedroom flats, one two-bedroom flat, (each with a parking space to the rear), plus commercial units with additional parking, are all currently let.

Commercial

Units 8 & 9, The Centre

Ground Floor

Currently arranged as one premises comprising open plan office space, subdivided by a glass partition to create meeting room and office space, rear entrance lobby, kitchen area, store room and cloakroom/W.C.

EPC Rating

C (70). Total Floor Area 163 sq.m.

Tenancy

Let under the terms of a commercial lease at a current rental of £13,200 per annum.

Unit 10, The Centre

Ground Floor

Main shop/sales area, back office/kitchen area with cloakroom/W.C.

EPC Rating

C (63). Total Floor Area 71 sq.m.

Tenancy

Let under the terms of a commercial lease at a current rental of £6,600 per annum.

Residential

The flats are accessed from the rear of the building.

Ground Floor

Communal entrance to Flats 1-6 inc. and stairs to first floor landing.

First Floor

Flat 1

Entrance hall, living room, kitchen, bedroom and bathroom.

EPC Rating E

Council Tax Band A

Tenancy

Let under the terms of an Assured Periodic Tenancy at a current rental of £790 per calendar month (£9,480 per annum).

Flat 2

Entrance hall, living room, kitchen, bedroom and bathroom.

EPC Rating E

Council Tax Band A

Tenancy

Let under the terms of an Assured Periodic Tenancy at a rental of £800 per calendar month (£9,600 per annum) from 12th September 2026, currently £775 per calendar month (£9,300 per annum).

Flat 3

Living room, kitchen, two bedrooms and bathroom.

EPC Rating E

Council Tax Band A

Tenancy

Let under the terms of an Assured Periodic Tenancy at a current rental of £800 per calendar month (£9,600 per annum).

Flat 4

Entrance hall, living room, kitchen with access to fire escape, bedroom and bathroom.

EPC Rating E

Council Tax Band A

Tenancy

Let under the terms of an Assured Periodic Tenancy at a current rental of £765 per calendar month (£9,180 per annum).

Flat 5

Entrance hall, living room, kitchen, bedroom and shower room.

EPC Rating D

Council Tax Band A

Tenancy

Let under the terms of an Assured Periodic Tenancy at a current rental of £775 per calendar month (£9,300 per annum).

Flat 6

Entrance hall, living room, kitchen, bedroom and bathroom.

EPC Rating E

Council Tax Band A

Tenancy

Let under the terms of an Assured Periodic Tenancy at a current rental of £785 per calendar month (£9,420 per annum).

Ground Floor

Flat 7

Entrance hall to open plan kitchen/dining/living area, bedroom and bathroom.

EPC Rating D

Council Tax Band A

Tenancy

Let under the terms of an Assured Periodic Tenancy at a current rental of £740 per calendar month (£8,880 per annum).

Flat 8

Entrance door to open plan kitchen/dining/living area, bedroom and bathroom.

EPC Rating C

Council Tax Band A

Tenancy

Let under the terms of an Assured Periodic Tenancy at a current rental of £740 per calendar month (£8,880 per annum).

Outside

Each flat and commercial premises have designated parking to the rear of the building. The additional six spaces are let to local businesses and residents producing £45 per space per month, giving a total income of £3,240 per annum.

Auctioneer's Note

The floor plan has been provided by out Joint Auctioneer and is for guidance only, not to scale. Viewing all flats/units may not be possible at all appointment times.