Total floor area of approx. 445.07sq m (4,790 sq ft)
Prominent frontage on busy High Street
Neighbouring occupiers include McDonald's, Wendy's, Wagamama, Waterstones, Fenwick, White Stuff, Tesco Express and Bill's
Lot 14
Auction 11th December 2025
Rent £60,000 per Annum Exclusive
Status Available
Guide* £550,000 - £575,000
Sector High Street Retail
Auction Venue Live Streamed Auction
Property Information
Location
Miles
48 miles north east of London, 24 miles north-east of Chelmsford
Roads
A12, A120, A133, M11, M25
Rail
Colchester Railway Station (47 minutes to London Liverpool Street)
Air
London Stansted Airport
Situation
Colchester is a popular university and historic city located some 48 miles north east of London. The property is prominently situated on the south side of High Street, within the heart of Colchester city centre. Nearby occupiers include McDonald's, Wendy's, Wagamama, Waterstones, Fenwick, White Stuff, Tesco Express and Bill's.
Tenure
Freehold.
Location
Miles
48 miles north east of London, 24 miles north-east of Chelmsford
Roads
A12, A120, A133, M11, M25
Rail
Colchester Railway Station (47 minutes to London Liverpool Street)
Air
London Stansted Airport
Situation
Colchester is a popular university and historic city located some 48 miles north east of London. The property is prominently situated on the south side of High Street, within the heart of Colchester city centre. Nearby occupiers include McDonald's, Wendy's, Wagamama, Waterstones, Fenwick, White Stuff, Tesco Express and Bill's.
Tenure
Freehold.
Description
The property is an attractive and prominent Grade II Listed 3 storey building comprising substantial ground floor retail accommodation with ancillary accommodation on the first and second floors.
The property benefits from rear access and may be suitable for medium term residential conversion of the upper parts, subject to consents.
VAT
VAT is applicable to this lot.
Completion Period
10 week completion available
EPC
Band C.
Description
The property is an attractive and prominent Grade II Listed 3 storey building comprising substantial ground floor retail accommodation with ancillary accommodation on the first and second floors.
The property benefits from rear access and may be suitable for medium term residential conversion of the upper parts, subject to consents.
VAT
VAT is applicable to this lot.
Completion Period
10 week completion available
EPC
Band C.
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m
Floor Areas Approx sq ft
Tenant
Term
Rent p.a.x.
Reversion
Ground First Second
Retail Ancillary Ancillary
205.03 189.12 50.92
(2,207) (2,035) (548)
ROBERT DYAS HOLDINGS LIMITED (CRN: 04041884) (1)
Let for a term of 5 years from 25/12/2023 on a Full Repairing and Insuring lease
£60,000
24/12/2028
Total Approximate Floor Area
445.07
(4,790)
£60,000 (2)
(1) For the year ending 30/03/2024 Robert Dyas Holdings Limited (CRN: 04041884) reported a Turnover of £164,502,000, a Pre-Tax Profit of negative (£2,304,000) and Net Assets of £2,850,000 (Source: Annual Report and Financial Statements as Published at Companies House 9/10/2025). (2) The lease provides a three month rent free period from 25th December 2025 and further three month rent free period from 25/12/2026.
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
