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Freehold Mixed-Use Investment with Five Flats and Three Shops
Address
See address
Auction date
-
Guide price
£650,000
Type
Commercial
Tenure
Freehold
EPC Rating
C
Status
-
Description
A freehold, three-storey terraced period building comprising five flats above three shops, with all units let and reported rental income of £67,302 per annum. The property is in a high-footfall area close to Colchester Town Rail Station.
- Five flats: one one-bedroom flat and four studio flats
- Three commercial units used as an eyebrow bar, tattoo parlour and hairdressers
- Flat areas range from 275 to 355 sq ft; shops range from 200 to 490 sq ft
- EPC ratings: flats are rated C; commercial units are rated C, D and C
- Reported total rent: £67,302 per annum, excluding VAT
- Commercial tenancy details include rent reviews, break clauses and service charge contributions
The freehold mixed-use investment is fully let, with the listing stating a 10.4% yield at the guide price. Tenancies vary across the residential and commercial units, with specific lease terms and review provisions noted for the shops.
Last update: 09 Nov 2026
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