A commercial investment and development opportunity in the Backwater Estuary town of Maldon is coming up for auction with Clive Emson Auctioneers later this month. (wed 1 may).

Offered on behalf of the executor is 144/144A, 144B High Street, as well as cottages to rear.

The lot is listed with a freehold guide price of £400,000 to £425,000 at the firm’s auction which ends on Wednesday 1 May.

Regional Director & Auctioneer Paul Bridgeman said: “This commercial investment and development opportunity is within close proximity of other shops, bars, cafes and restaurants, as well as recreational facilities available at Maldon's Hythe Quay and Promenade Park.

“The subject property is made up of a ground floor commercial investment with flat above, in need of modernisation and improvement, a former coach house with potential, and two three-storey cottages in need of finishing off.”

The ground floor retail unit at 144 High Street, trading as The Waffle Bar, is let on the terms of a commercial lease at a current rental of £8,000 per annum.

 

First floor flat 144A High Street, above The Waffle Bar, needs modernisation and improvement. The Coach House at 144B High Street is an open space on the ground floor with a staircase up to upper level.

Watch the video: https://www.cliveemson.co.uk/properties/249/77/

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A detached house in a popular residential location south of Chelmsford is set to go under the auctioneer’s gavel.

Three-bedroom 28 Winchelsea Drive in Great Baddow, offered jointly with Bond Residential, it is listed with a freehold guide price of £375,000-plus.

Paul added: “This property does need some improvement, but has double glazed windows, a gas heating system via radiators and two reception rooms.

“There are well-stocked gardens to both front and rear and a driveway providing off street parking leading to a garage and workshop. This may offer potential for conversion to a home office or separate annex, subject to all necessary consents being obtainable.”

Watch the video: https://www.cliveemson.co.uk/properties/249/63/

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A house with potential but needing improvement in Ilford is also listed.

Offered jointly with Belvoir!, 182 Barley Lane, Goodmayes, is listed with a freehold guide price of £350,000-plus and vacant possession.

Senior Auction Appraiser Russell Hawkes said: “This semi-detached house is situated in a very popular and convenient residential area,

“It is within easy reach of local shopping in the High Street, Goodmayes, the railway station (TfL Elizabeth Line services), access to the A12 into London and is opposite King George Hospital.

“Although in need of some light refurbishment the property has double glazed windows and there is a gas heating system via radiators.

 

“It is considered that there is potential to add value by extending to the rear, into the roof space or by reconfiguring the accommodation, subject to all necessary consents being obtainable.

Watch the video: https://www.cliveemson.co.uk/properties/249/104/

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A substantial attached property with plenty of potential in Colchester is coming up at the auction.

Blackheath Lodge, offered jointly with Boydens, is listed with a freehold guide price of £275,000 to £300,000 with vacant possession.

This property, arranged over two levels, is situated on Blackheath (B1025), a continuation of Mersea Road to the south of Colchester city centre.

There is also an annexe to the side on the site which extends to approximately 0.07 hectares (0.16 acres).

Paul said: “This established building needs modernisation and improvement throughout.

“The building may lend itself to sub-division or re-development, subject to all necessary consents being obtainable.”

Watch the video: https://www.cliveemson.co.uk/properties/249/96/ 

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A commercial premises believed to date from 1510 in Colchester city centre is also listed at the auction.

Historic 37 North Hill is offered jointly with Whybrow with a freehold guide price of £170,000 to £180,000 and vacant possession at the firm’s auction which ends on Wednesday 20 March.

Paul added: “This established and characterful commercial premises is situated in Colchester city centre.

“The property (parts of which are believed to date back to 1510), comprises a ground floor sales area, basement and upper parts which were formerly held on a leasehold basis as residential accommodation.

“There may be potential to reinstate the residential status of the upper parts, subject to all necessary consents being obtainable.

Watch the video: https://www.cliveemson.co.uk/properties/249/50/ 

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A penthouse apartment with wide-ranging coastal views in Frinton is listed.

Three-bedroom 43 Frinton Court, on The Esplanade, offered jointly with Paveys, is listed with a leasehold guide price of £259,000-plus with vacant possession.

Paul said: “This is a rare opportunity to purchase a penthouse seafront apartment with balcony and panoramic coastal views from most windows over Frinton-on-Sea, Frinton Golf Club and surrounding areas.

“This 11th floor apartment is situated in Frinton Court which was built circa 1965 in a popular residential location with communal gardens, stair and lift access to all levels and security entry system.

Tenure is the remainder of 99-year lease from June 1989 at current ground rental of £15 per quarter.

Watch the video: https://www.cliveemson.co.uk/properties/249/137/

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A bungalow with potential in the riverside town of Burnham-on-Crouch is coming up for auction.

Gales in Riverside Road, offered jointly with Curtis O’Boyle, is listed with a freehold guide price of £200,000 to £210,000.

The property is in a desirable residential location, a short distance from the waterfront, town centre, pubs, restaurants and local shops. Burnham-on-Crouch has a railway station offering a service to London (Liverpool Street).

Paul said: “This detached bungalow, situated just off the High Street, it is of non-traditional construction with single-brick skin.

“We are advised that a third bedroom and garage of brick construction with a flat roof were added in 1976 and is now in need of modernisation.

“The bungalow may offer potential for extension or complete re-development, subject to all necessary consents being obtainable.”

Watch the video: https://www.cliveemson.co.uk/properties/249/91/

 

Clive Emson Auctioneers holds auctions eight times a year offering specialist advice for auction purposes with offices in Essex, Kent, Sussex, Hampshire and the West Country, selling with skill, speed and efficiency.

Bidding for the current auction, the third of eight this year, goes live on Monday 29 April and ends on Wednesday 1 May.

See https://www.cliveemson.co.uk/  for more details.