Investment/Redevelopment Opportunity for Auction Colchester CO1
Guide Price:
£450,000
Auction Date:
12/06/2025
Property Types
A freehold building comprising of a newsagent/off licence (which is currently let), another commercial unit (which has been sold on a 999 year lease) and vacant parts to the rear and upper floors. The property benefits from planning permission to part demolish the rear extension (roof) and the erection of two additional storeys and the conversion of the upper floors to create 16 apartments. It is considered that the vacant parts could be developed to suit a variety of uses subject to obtaining the necessary consents.
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