2 Bed Apartment House For Sale High Street, Colchester, CO5

Boydens are delighted to offer this fantastic investment opportunity to purchase a freehold unit with a self-contained commercial space downstairs and a two bedroom apartment upstairs. The ground floor retail unit is approximately 631 sq. ft to the internal area, including an open plan retail area, a further storage or meeting area, fitted kitchen and WC facilities to the rear and additional outside storage cupboard. The first floor flat is approximately 534 sq. ft, is presented in great condition throughout and benefits from two bedrooms, a 18ft lounge/diner, fitted kitchen with space for appliances and three piece white bathroom suite. The flat is accessed via an external staircase located to the rear of the property. The property includes two car parking spaces to the rear, on a first come first serve basis.

The property is situated in an extremely convenient area along Kelvedon High Street next to the One Stop, Janet C Davies Funeral Directors and China Garden Chinese Takeaway. Approximately 0.2 miles from Kelvedon train station providing a direct service to Colchester, Chelmsford and London Liverpool Street. Kelvedon is a popular village adjacent to the A12 dual carriageway between Colchester and Chelmsford, offering easy access to London, and the M25.

ACCOMMODATION:

Commercial unit
Main office area - 26'4 x 17'4
Storage area - 17'4 x 7'7
Kitchen - 4'9 x 4'4
WC - 4'10 x 4'4

Apartment
Lounge - 18'1 x 11'6
Bedroom One - 14'10 x 8'6
Bedroom Two - 9'11 x 8'7
Kitchen - 13'2 x 5'5
Bathroom - 6'11 x 5'5

RATES / COUNCIL TAX 235 High Street, Kelvedon (Ground Floor Retail Unit) has a rateable value of £6,600 in April 2023. Therefore occupiers may be able to achieve full business rate relief as the Rateable Value is less than £12,000.

227 High Street, Kelvedon is in band A for Council Tax purposes.

The Local Authority is Braintree District Council.

TENANCIES The ground floor retail unit is currently vacant. However was previously achieving £7,500 per annum exclusive. The first floor flat is vacant but was previously achieving £775 pcm (£9,300 per annum).