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5 bedroom terraced house for sale
Lot 120, 31 St. Botolphs Street, Colchester, Essex, CO2 7EA
£220,000
Lot 120, 31 St. Botolphs Street, Colchester, Essex, CO2 7EA
£220,000
Our Summary
- FOR SALE BY AUCTION: To be sold by public auction on the owners' instruction
- A mixed-use freehold, terrace property in need of modernisation and repair with an extent of approximately 3,206 SQFT and located in central Colchester
- ' Auction date The property is to be sold by public auction on Friday, 23 May 2025, with a two-hour online bidding window
- 3 miles to Colchester railway station Accommodation Ground floor: open plan commercial space, commercial kitchen, multiple storage rooms First floor: three bedrooms, bathroom, exit lobby, multiple storage areas Second floor: two bedrooms, multiple storage areas Outside External entry potch, Integral garage with access, ginnel access, parking space to rear, flat roof/deck to rear of first floor EPC rating To be confirmed Tenure Freehold with vacant possession Local authority and council tax band Essex County Council Colchester Borough Council Council tax band: C Pre-auction bids To make a pre-auction bid, you must be an approved bidder
- The common auction conditions and special conditions apply to all pre-auction bids, and no conditions will be acceptable
- Should your pre-auction bid be accepted, you will need to immediately pay the balance of the 10% deposit (min
- £5,000) and all auction fees listed
- Auction fees In addition to the 10% deposit (min
- £5,000) of your winning bid, you must pay an auction buying commission of 2
- 00 plus VAT) of the purchase price and auction buying fee of £1,900
- Auction 23 May 2025
Description
This mixed-use freehold property in central Colchester is a unique opportunity for investors, developers, and business owners. The property spans approximately 3,206 SQFT and features a double-fronted commercial/retail space on the ground floor, complete with a bar area, serving counter, commercial kitchen, and storage. The residential accommodation is located on the first and second floors, comprising five bedrooms, a bathroom, and storage areas. The property also includes an integral garage, parking space, and flat roof/deck to the rear of the first floor. The property is being sold by public auction on May 23, 2025, with a two-hour online bidding window, and is being marketed as a blank canvas for renovation and repair.