Property photos
Just added
Auction
Freehold
Guide price
£180,000
Retail premises for sale
5 Eld Lane, Colchester, Essex CO1Local area information
Property location
Nearby amenities
- St John's Green Primary School 0.1 miles
- Colchester Town 0.2 miles
- St Thomas More's Catholic Primary School, Colchester 0.4 miles
- Colchester 0.9 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Colchester to find out more about the local area.
Features and description
- Freehold
For sale by auction on Wednesday, 10 Dec 2025 at 10:00
Venue: Livestream Auction
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.
EPC Rating: D
Additional Fees
Buyers Premium: £1500 inc VAT payable on exchange of contracts.
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Venue: Livestream Auction
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.
EPC Rating: D
Additional Fees
Buyers Premium: £1500 inc VAT payable on exchange of contracts.
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
More information
Listed by
Auction House East Anglia
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