Lot 17 - Unit 1 Sturmer Road, New England, Essex, CO9 4BD

  • Unconditional Online Auction Sale
  • Guide Price* : £9,000+
  • Bedrooms: 0

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Lot 17 - Unit for Investment

Description

ONLINE AUCTION from 7th OCTOBER - 9th OCTOBER 2025

Fantastic opportunity to open a new business in the most central location to Essex/Cambridge. Ideal location, just off the main busy road.

Previously used as a open house and function room. Has 2 entrances to the building. One via the front of the building and one to the side.
It has a large basement which you can access from the inside and outside of the building. This can be converted into storage space or potentially open up to a much wider space operating a separate business.

Enquiries have come through to potentially rent the building as a dog groomers, hair dressers, and a takeaway food hub.

It has 3 separate toilets, 1 disabled, 1 male room and 1 female room.

There are 2 rooms. 1 is a reception room where this can be used as a waiting area; or again a smaller unit where you can operate a separate business from. And through the double doors is the other unit.

If renting as 1 unit, then we would anticipate £1,500 - £1,700 per calendar month. Please note that this depends on use and flexibility and business terms.

Great location for a business. And easy access and parking for customers etc who wish to access the premises.

We recommend a viewing to see its full potential and the size of the unit.

New 999 year lease
Share of the freehold
Ground rent = £1.00 annually

Video Tour


Tenancies

To be sold with vacant possession.

Tenure

Advised Leasehold - to be verified by solicitor

Auction Fees And Additional Costs

Auction fees: The sale of each lot is subject to a buyer’s premium of 1.5% of the purchase price (subject to a minimum of £1,500) including VAT unless otherwise stated.

Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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Paul Fosh Auctions
01633 254044

Office Contact

Sean Roper

Documents

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Auction Finance

As a trusted partner of Paul Fosh Auctions, Together could offer the auction finance you need, when you need it. Visit togethermoney.com for more information.

If considering a mortgage, we advise that you inspect and consider the property carefully with your lender before bidding.

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