Currenlty listing 1,524 upcoming property auctions in the UK
Commercial Investment: A Historic Building in Popular Village
Address
See address
Auction date
04 Jun 2023
Guide price
£400,000
Type
Commercial
Tenure
Freehold
EPC Rating
C
Status
Ended
Description
This remarkable commercial investment opportunity is a Grade II listed building boasting historical significance, located centrally in the popular village of Ardleigh. Currently let, it generates an impressive annual income of £56,000, delivering a yield of 14% based on the guide price. The property features a former two-storey engine house utilized for storage and offers a car parking license at the rear.
- Detached four storey building
- Annual income of £56,000
- Main building size: 1,310 sq ft (Ground Floor), 1,430 sq ft (First Floor), 1,435 sq ft (Second Floor), 1,405 sq ft (Third Floor)
- Loft area: 479 sq ft
- Engine house size: 385 sq ft (Ground and First Floors)
- EPC Rating: Main Building - C, Engine House - D
- Freehold tenure with parking
As the property is currently let on a five-year lease with renewal options in place, it presents a solid investment opportunity in Ardleigh, which is conveniently located just north-east of Colchester, offering easy access to both Colchester and Ipswich. This property could also offer potential for future redevelopment pending necessary consents.
Last update: 25 May 2026
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