Prominent Class E retail unit for sale in Colchester

This property is marketed by:
Whozoo

For Sale or To Let

Key Features

• Prominent Retail Position – High-visibility Class E shop within a busy local parade near Colchester North Station (0.2 miles)
• Option 1: Freehold (shop & flat) – £450,000 + £45,000 premium (goodwill, fixtures, fittings & stock included)
• Option 2: New FRI lease (shop only) – £18,000 pa + £45,000 premium
• Additional Income – Self-contained 2-bed flat (approx. 97 sqm / 1,044 sq ft) currently let at £1,300 pcm (£15,600 pa)
• Excellent Footfall & Roadside Exposure – Situated in a well-established retail location with consistent passing trade
• Rear Yard Access – Useful external space for deliveries or storage
• No Business Rates Payable (subject to confirmation with local authority)

Ground Floor Shop: approx. 93 sqm (1,000 sq ft)

Self-Contained 2-Bed Flat: approx. 97 sqm (1,044 sq ft) – let at £1,300 pcm (£15,600 pa)

Prominent Class E retail unit trading as a long-established Eastern European convenience store with alcohol licence, just 0.2 miles from Colchester North Station.

The property benefits from high roadside visibility, steady footfall, and a rear yard, forming part of a busy parade of independent shops and amenities.

Key Highlights

- Option 1 – Freehold (shop & flat): £450,000 + £45,000 premium (incl. goodwill, fixtures, fittings & stock)

- Option 2 – New FRI lease (shop only): £18,000 pa + £45,000 premium as above

- Fully equipped and ready to trade – ideal for an owner-operator or continuation of existing use

- Strong trading position with excellent transport links

- No business rates payable (subject to confirmation)

Tenure: Freehold