Lot 14 - Unit 2, Sturmer Road, New England, Essex, CO9 4BD
- Unconditional Online Auction Sale
- Guide Price* : £9,000+
- Bedrooms: 0
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Lot 14 - Unit for Investment
Description
ONLINE AUCTION FROM 11th NOVEMBER - 13th NOVEMBER 2025
This is the last unit that is available to purchase in this building. It is in the perfect place and location for any new business.
Options of businesses and that has been suggested to the owners on enquiry have been: takeaway, café, bakery, dog groomers or hairdressers. It currently has a fully fitted kitchen already installed and also has the internal table and chairs. These will be kept for anyone who potentially wants to open the building back up to be a food hall/takeaway. And is a potentially a turned key investment in terms of the set up.
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 1 front entrance to the building from the front.
There are 2 rooms. 1 room is the main “dining area” where people can wait/can be turned into a reception area. And through to the other room is the rear of the unit where the kitchen is currently.
If renting as 1 unit, then we would anticipate £1,400 - £1,600 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.
Video tour
Tenancies
To be sold with vacant possession
Tenure
Advised Freehold - 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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Documents
- Terms and Conditions for Unconditional and Conditional Online Auctions
- Reservation Fees & Deposits Explained
- Buyers Guide for Unconditional Auctions
- Sellers Guide for Unconditional Auctions
- Guide to Buying at Auction
Related 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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