Home / Property Search / Vallie's Lounge, St Helens Lane

St Helens Lane

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Description

FOR SALE BY PUBLIC AUCTION ON WEDNESDAY 17TH APRIL 2024 AT 12.00PM. LIVE STREAMED VIA DEDMAN GRAY WEBSITE. BIDDING AVAILABLE BY TELEPHONE, PROXY AND ONLINE

COMMERCIAL PROPERTY: A VACANT FREEHOLD FORMER NIGHTCLUB IN COLCHESTER CITY CENTRE CONSIDERED TO SUIT A VARIETY OF USES SUBJECT TO PERMISSIONS
A Commercial property situated within the historic Dutch Quarter just North of Colchester High Street. The property has previously been let out as a Nightclub however it is considered that it could suit a variety of other uses as well, subject to necessary consents. It is considered that the property could be let for approximately £25,000 per annum which would represent a yield of 13.8 % of the guide price.
The property benefits from the following Gross Internal Areas:
Dance Floor/Bar 2,250 sq.ft
Store 120 sq.ft
First Floor
Store 155 sq.ft
WC's 175 sq. ft
Total 2,700 sq. ft (248 sq.m)

The overall plot measures approximately 3165 square foot (294.01 m2) which includes parking. The property is located in a predominately residential area and therefore it is considered that it it could offer residential redevelopment potential subject to planning permission and all other relevant permissions.
For all planning enquiries please contact Colchester City Council on

Colchester St Helen's Lane nightclub venue going to auction | Gazette (gazette-news.co.uk)

Key Contacts

EWAN DODDS 600 X 600B&W

Ewan Dodds

Chief Executive Officer