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Total views:  1002
Guide price
£180,000

Shop for sale

5 Eld Lane, Colchester, Essex CO1 1LS
Auction
Shop
Added > 14 days

Features and description

  • Freehold commercial investment
  • Let on a 10 year lease from May 2025
  • Rent of £18,000 PA rising to £21,000 in 2026
  • Primary pedestrian shopping area
  • Guide price - £180,000 to £200,000
  • For sale by livestream auction
  • Unless previously sold or withdrawn prior
  • 10:00 am, Wednesday 10th December 2025

FOR SALE BY LIVESTREAM AUCTION ON WEDNESDAY 10TH DECEMBER 2025 AT 10:00AM. TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE

A freehold commercial investment in a prime location

Situated in one of Colchester's busiest pedestrian shopping locations is this two storey commercial premises currently trading as a Cafe & Bar.

The property extends to 670 sq. ft. (62.24 sq. m.) on the ground floor and 445 sq. ft. (41.34 sq. m.) on the first floor and is currently let on a 10 year full repairing and insuring lease from May 2025 at a rent of £18,000 per annum rising to £21,000 per annum in November 2026.

With the annual yield representing a 10% return in relation to the low end of the Guide Price we see this as a first class investment opportunity.

Tenure: Freehold

EPC Rating: D

Administration Fee: £1200 inc VAT payable on exchange of contracts.

Buyer's Premium Fee: £1500 inc VAT payable on exchange of contracts.

Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

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About this agent

Auction House - East Anglia
Auction House - East Anglia
The Barn, Newmarket Road Cringleford Norwich, Norfolk NR4 6UE
01603 398879
Full profileProperty listings
The Auction House team have been holding auctions in East Anglia for over fifteen years. We originally operated under the Tops name, then as Tops Auction House. We have been the Eastern Region’s leading Land and Property auctioneers since 2002 and are highly respected in the area. Sale numbers have grown over the period to over 400 properties per year with success rates averaging out at well over 80% since 2004. Auction House East Anglia draws entries for its auction room in Norwich from a wide geographical area and is supported by a number of market and coastal town Introducer Agents who provide entries and assist with viewings. Auction House East Anglia operates from offices in Norwich (servicing Norfolk), King's Lynn (servicing NW Norfolk and parts of Cambridgeshire), Peterborough (servicing Cambridgeshire) and Ipswich (servicing Suffolk and North Essex) and sells a wide variety of property types covering the residential, land, commercial, investment and agricultural sectors. Many are vacant for improvement, others tenanted or for development. We are expert advisers and guide vendors as to the most appropriate method of sale which could be by Formal or Informal Tender, Invited Offer, Private Treaty or Auction. Auction House East Anglia was the model Licensee and provided the template for others to follow. It continues to be one of the most successful operators in the UK and is the ‘first choice’ regional auctioneer across the counties of Norfolk, Suffolk, Cambridgeshire and North Essex.
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