Fancy yourself a new challenge? Because a number of businesses in Colchester are currently on the market.
Salons, restaurants and even a derelict cinema are among the numerous commercial properties available to be purchased or to let.
Taking on these properties could revive an old favourite or offer something new to Colchester.
Here are 12 commercial properties for sale in Colchester right now:
1) Glyn Hopkin Site, Ipswich Road, Colchester
The premises are comprised of a two storey steel framed building, with over clad brick elevations and extensive glazing to the dual franchised showroom areas.
The showroom has capacity for 13 to 15 vehicles, with the workshop (two large loading doors) accommodating ten vehicle bays, and an MOT bay.
Externally, the site is laid principally to hard standing and provides for vehicle display, parking and storage for in excess of approximately 150 vehicles.
The premises are available to let on a new full repairing and insuring lease, lease length and terms to be agreed, at a rent of £200,000 per annum.
Consideration is to be given to a freehold sale. Offers are invited in excess of £3,250,000.
Business rates are estimated to cost in the region of £102,500 per annum.
Find the full details here.
2) 14-15 North Hill, Colchester
A Grade II-Listed building which comprises:
14 North Hill: A former children's nursery presented over ground and first floor with a basement and rear courtyard.
15 North Hill: A spacious self contained four bedroom flat (one bedroom in the attic) benefitting from a large reception/living room, kitchen, attic storage room (possible fifth bedroom) and private access via its own entrance from North Hill. Currently let to four individual tenants on AST's at a combined monthly rental of £1,825 PCM (£21,900 per annum).
The premises are to be sold freehold at offers in excess of £695,000 plus VAT.
Find the full details here.
3)Business premises in Long Wyre Street, Colchester
Four storey terraced property measuring approximately 1,314 sq. ft. currently let on a fully repairing and insuring lease at a rent of £25,750 per annum with a rent review due in November.
The premises are located within the town centre and are surrounded by major brands.
For more information, click here.
4) 28 Eld Lane, Colchester
Formerly occupied by Simpkins Jewellers, this property comprises a ground and first floor retail unit, extending to approximately 3,334 sq. ft.
The ground floor is open plan in layout, benefitting from spot lights, AC, carpeting throughout and electric security shutters to the shop windows and front doors.
The first floor comprises cellular office/storage accommodation, a kitchen and WC facilities.
The property is available for sale freehold at a guide price of £375,000 plus VAT STC, via private treaty.
Find further details here.
5) 29 Crouch Street, Colchester
This premises, formerly occupied by Michaels Property Consultants, comprises a ground and first floor retail/office accommodation, extending to approximately 663 sq. ft.
The ground floor is open plan in layout, with stairs down to a basement and a rear exit to an enclosed courtyard. The first floor comprises two cellular offices and kitchen and WC facilities.
The second floor comprises a one bedroom residential flat, extending to approximately 446 sq. ft.
The property is available for Sale freehold (with vacant possession) at a Guide Price of £350,000 subject to contract, via private treaty.
The landlord may consider a letting of the property as a whole, on a full repairing and insuring lease, with a passing rent of £30,000 per annum exclusive.
Find out more on this premises here.
6) Caffe Sala, 5 Eld Lane, Colchester
Asking price: £75,000
This is a unique opportunity to acquire a fully vegan, plant-based coffee shop in Colchester with an excellent customer base and brilliant reputation.
The coffee shop offers a variety of delicious cakes and sweets and a large range of hot and cold drinks.
First established in 2012, the business has offered a fully vegan menu since 2021.
For customers wanting the full coffee shop experience, they offer brunch with a variety of mouth-watering vegan dishes and light bites using fresh produce and vegan items.
More information can be found here.
7) Colchester Bait & Tackle, 243 Harwich Rd, Colchester
Colchester Bait & Tackle is a traditional fishing tackle shop that has many repeat customers.
Only now due to other commitments our client is now reluctantly looking to sell his much-loved profitable business.
The business is one of only three fishing tackle shops in the area and the only one to the east of the town.
The shop is stocked with approximately £50,000 of merchandise at any one time, however, the owner will split the stock if need be.
There is a steady flow of repeat customers.
The business has a website domain name set up being colchesterbaittackle.co.uk but this needs to be built, something that we recommend should be done in order to boost sales to the on line market.
Colchester Bait & Tackle is a profitable business but there is scope for development by creating a website and selling online.
Read more here.
8) St Peter's Court, Colchester
The property which is self-contained forms part of a modern Georgian office development built in the 1990's and is of brick construction on ground and two upper floors beneath a pitched slate tiled roof.
The property benefits from open plan and cellular offices, timber framed sash windows, plastered and painted walls and carpet tiles throughout, with the exception of the ground floor kitchenette facility which provides resin flooring and WC facilities on the ground and second floors.
Freehold price on application.
Read more here.
9) Plot 600, The Crescent, Colchester Business Park, Colchester
The site comprises an irregular shaped parcel of land measuring approximately 3.01 acres (1.22 ha) fronting The Crescent on Colchester Business Park, which backs onto the slip road of J29 of the A12.
Colchester Business Park and the adjacent Severalls Industrial Estate is a popular location for businesses in the town with good access to both J28 (Northern Gateway) and Junction 29 (Ipswich Road) of the A12.
The site is available by way of the grant of a new 250 year long leasehold interest subject to a ground rent of a peppercorn.
More information can be found here.
10) The Former Odeon Cinema, 16 -18 Crouch Street East, Colchester.
Originally built in the 1950's as the town's cinema and in a 'stunning art deco design'.
Though the granted full planning permission has now lapsed, this landmark building still offers an excellent opportunity to redevelop the site into luxury apartments and high specification retail units, with prime street-front locations as well as a variety of other uses subject to the relevant permissions.
For sale by public auction on July 20 with a guide price of £2,100,000.
For full details, click here.
11) New Image Hair and Beauty, St. Botolphs Street, Colchester.
an established business in superb high street location in Colchester Town centre or to take over the lease if you have a business of your own which could benefit from the location.
Within close proximity to the Colchester Town train station and convenient public parking, this fully unit also has a large corner window display to advertise yourself to new customers as well as existing clientele included as goodwill in the sale.
The salon is fully equipped to meet client needs with two large treatment rooms, hair styling units and hair sink in the front, three sunbeds in separate room, toilet facilities and staff room/office in the rear.
Property also has the benefit of fully fitted CCTV and alarm system, with a full list of fixtures and fittings available on request to serious inquiries.
The current lease is £18,500 per annum.
More information can be found here.
12) Land to the rear of 52 Turner Road, Colchester.
To be sold by online auction as lot 127 on Thursday, July 7 2022 - Freehold Land Vacant Possession
Situated to the rear of 52 Turner Road, close to local shopping/travelling facilities available in Colchester town centre and Colchester Railway Station.
Freehold land of approximately 2,700 sq ft with further potential subject to the necessary consents being obtained.
Full details can be found here.
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