Investment For Sale, Halstead, Essex
4 photos
Property ID: 157939
POA
64 - 68 High Street, Halstead, Essex, CO9 2JG
Type
Investment
Status
Available
Size
4,432 sq ft
Key Features
- Mixed Commercial & Residential Income Producing Investment Opportunity
- Two Large Duplex Apartments
- Two Retail Areas, Majority Let to Greggs PLC
- Current Income £50,240 PAX
- Prominent High St Position With Car Parking
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Description
**available For Sale Freehold By Auction - 9th September 2026**
A Three Storey Building With Brick Elevations And A Pitched And Tiled Roof With Part Flat Roof To The Rear, Along With Four Car Parking Spaces.
* No.64 - A Self Contained Ground Floor Retail Unit With An Open Plan Layout, Glazed Shop Frontage, And W/c. Let To Crystal Healing Halstead.
* No.68 - A Self Contained Café / Takeaway Premises With A Large Glazed Frontage, And Comprehensive Fit Out. Three Car Parking Spaces. Let To Greggs Plc.
* No.66a - A Large Two Bedroom (doubles) Duplex Apartment With Separate Lounge, Dining Room, Kitchen, Utility Room And First Floor Bathroom And Storage Area.
* No.68a - A Large Modern (extensively Renovated In 2022) Two Bedroom (doubles) Duplex Apartment With A Large Entrance Hall, Separate Kitchen, Lounge And Dining Room With First Floor Bathroom And Storage Area.
Location
The Property Occupies A Prominent Trading Position On The High Street In The Attractive Market Town Of Halstead, Essex. The Immediate Vicinity Is Home To A Strong Mix Of National And Independent Retailers, With Nearby Occupiers Including Costa Coffee, Boots, Subway And Sainsbury's, Generating Consistent Footfall Throughout The Day.
Halstead Has A Resident Population Of Approximately 13,500 And Serves A Wide Rural Catchment Area Across North Essex And The Suffolk Border. The Town Is Well Connected, Lying Approximately 13 Miles North-west Of Colchester, 6 Miles North Of Braintree Via The A131, And 16 Miles South Of Haverhill Via The A604, Providing Convenient Access To The Wider Regional Road Network.
Accommodation
[approximate Internal Floor Areas, Retail Is Nia And Residential Is Gia]
64 High Street (retail): 406 Sq Ft [37.7 Sq M] Approx.
68 High Street (retail): 1,612 Sq Ft [149.8 Sq M] Approx.
66a High Street (residential): 1,216 Sq Ft [113.0 Sq M] Approx.
68a High Street (residential): 1,198 Sq Ft [111.3 Sq M] Approx.
Total: 4,432 Sq Ft [411.8 Sq M] Approx.
Terms
The Premises Are Available For Sale Freehold By Auction. The Auction Is To Be Held By Auction House East Anglia On The 9th September 2026. Auction Terms Apply Whether Sold Prior, During, Or After The Auction.
The Guide Price Is £450,000 To £500,000 - No Vat (plus Fees).
For Further Information And To Register For Bidding Please Visit Https://www.auctionhouse.co.uk/eastanglia/auction/lot/151158
Tenancies & Income
The Premises Are 100% Let As Follows;
* No. 64 - Let To Crystal Healing Halstead (sole Trader) On A Five Year Lease From 02 May 2023 At A Rent Of £9,000 Pax.
Note: There Is A Open Market Rent Review Due On 02 May 2026 Which Has Not Yet Been Actioned.
* No. 68 - Let To Greggs Plc On A Ten Year Lease From 11 November 2022 At A Passing Rent Of £18,500 Pax.
Note: There Is An Upward Only Open Market Rent Review Due On 11 November 2027.
* No. 66a - Let On A Protected Tenancy At A Rent Of £695 Pcm I.e. £8,340 Pax (effective From 09 July 2026).
* No. 68a - Let On An Assured Short Hold Tenancy At A Rent Of £1,200 Pcm I.e. £14,400 Pax.
The Total Annual Income Is £50,240 Pax.
Important Notice: Further Information To Include Leases / Rental Agreements, And A Full Legal Pack Will Be Provided To Those Who Register To Bid With Auction House East Anglia.
Service Charge
We Are Advised That There Is No Service Charge In Place. The Landlord Is Responsible For Maintaining The External Fabric Of The Building.
Buildings Insurance
The Landlord Is Responsible For Arranging The Buildings Insurance. The Costs In Part Are To Be Recovered From The Two Retail Tenants.
The Approx. Cost For The Current Year Is £tbc Plus Vat.
Business Rates / Council Tax
We Are Advised That The Rateable Value For No.64 Is £7,200 And For No. 68 £tbc. 66a And 68a Both Fall Within Council Tax Band A.
Under The Terms Of Their Respective Leases / Rental Agreements The Tenants Are Responsible For The Business Rates / Council Tax.
We Recommend All Parties Make Their Own Direct Enquiries With The Local Rating Authority.
Energy Performance Certificate [epc]
We Have Been Advised Of The Following Epc Ratings;
64 - C(61), 68 - D(96), 66a - D(57), 68a - D(65).
Full Copies Of The Epc Assessments And Recommendation Reports Are Available From Our Office Upon Request.
Vat
We Are Advised That The Property Is Not Elected For Vat. Therefore Vat Is Not Applicable On This Sale.
Legal Costs
Please Refer To The Auction House Website.
Anti-money Laundering Regulations
Purchasers Are Required To Register To Bid With Auction House And Auction House Will Undertake The Necessary Aml Checks.
Floor Plan
Indicative Floor Plans Are Available Upon Request - They Are Not To Scale And Not To Be Relied Upon.
Viewing
Please Call Auction House East Anglia On 01473 558 888 To Arrange A Viewing.
All Enquiries Via Joint Sole Selling Agents / Auctioneers:
Fenn Wright
Contact: Michael Moody
T: 01206 85 45 45
E: Colchestercommercial@fennwright.co.uk
And
Auction House East Anglia
Contact: Mark Willett
T: 01473 558888 / 07922 620200
E: Mark.willett@auctionhouse.co.uk
A Three Storey Building With Brick Elevations And A Pitched And Tiled Roof With Part Flat Roof To The Rear, Along With Four Car Parking Spaces.
* No.64 - A Self Contained Ground Floor Retail Unit With An Open Plan Layout, Glazed Shop Frontage, And W/c. Let To Crystal Healing Halstead.
* No.68 - A Self Contained Café / Takeaway Premises With A Large Glazed Frontage, And Comprehensive Fit Out. Three Car Parking Spaces. Let To Greggs Plc.
* No.66a - A Large Two Bedroom (doubles) Duplex Apartment With Separate Lounge, Dining Room, Kitchen, Utility Room And First Floor Bathroom And Storage Area.
* No.68a - A Large Modern (extensively Renovated In 2022) Two Bedroom (doubles) Duplex Apartment With A Large Entrance Hall, Separate Kitchen, Lounge And Dining Room With First Floor Bathroom And Storage Area.
Location
The Property Occupies A Prominent Trading Position On The High Street In The Attractive Market Town Of Halstead, Essex. The Immediate Vicinity Is Home To A Strong Mix Of National And Independent Retailers, With Nearby Occupiers Including Costa Coffee, Boots, Subway And Sainsbury's, Generating Consistent Footfall Throughout The Day.
Halstead Has A Resident Population Of Approximately 13,500 And Serves A Wide Rural Catchment Area Across North Essex And The Suffolk Border. The Town Is Well Connected, Lying Approximately 13 Miles North-west Of Colchester, 6 Miles North Of Braintree Via The A131, And 16 Miles South Of Haverhill Via The A604, Providing Convenient Access To The Wider Regional Road Network.
Accommodation
[approximate Internal Floor Areas, Retail Is Nia And Residential Is Gia]
64 High Street (retail): 406 Sq Ft [37.7 Sq M] Approx.
68 High Street (retail): 1,612 Sq Ft [149.8 Sq M] Approx.
66a High Street (residential): 1,216 Sq Ft [113.0 Sq M] Approx.
68a High Street (residential): 1,198 Sq Ft [111.3 Sq M] Approx.
Total: 4,432 Sq Ft [411.8 Sq M] Approx.
Terms
The Premises Are Available For Sale Freehold By Auction. The Auction Is To Be Held By Auction House East Anglia On The 9th September 2026. Auction Terms Apply Whether Sold Prior, During, Or After The Auction.
The Guide Price Is £450,000 To £500,000 - No Vat (plus Fees).
For Further Information And To Register For Bidding Please Visit Https://www.auctionhouse.co.uk/eastanglia/auction/lot/151158
Tenancies & Income
The Premises Are 100% Let As Follows;
* No. 64 - Let To Crystal Healing Halstead (sole Trader) On A Five Year Lease From 02 May 2023 At A Rent Of £9,000 Pax.
Note: There Is A Open Market Rent Review Due On 02 May 2026 Which Has Not Yet Been Actioned.
* No. 68 - Let To Greggs Plc On A Ten Year Lease From 11 November 2022 At A Passing Rent Of £18,500 Pax.
Note: There Is An Upward Only Open Market Rent Review Due On 11 November 2027.
* No. 66a - Let On A Protected Tenancy At A Rent Of £695 Pcm I.e. £8,340 Pax (effective From 09 July 2026).
* No. 68a - Let On An Assured Short Hold Tenancy At A Rent Of £1,200 Pcm I.e. £14,400 Pax.
The Total Annual Income Is £50,240 Pax.
Important Notice: Further Information To Include Leases / Rental Agreements, And A Full Legal Pack Will Be Provided To Those Who Register To Bid With Auction House East Anglia.
Service Charge
We Are Advised That There Is No Service Charge In Place. The Landlord Is Responsible For Maintaining The External Fabric Of The Building.
Buildings Insurance
The Landlord Is Responsible For Arranging The Buildings Insurance. The Costs In Part Are To Be Recovered From The Two Retail Tenants.
The Approx. Cost For The Current Year Is £tbc Plus Vat.
Business Rates / Council Tax
We Are Advised That The Rateable Value For No.64 Is £7,200 And For No. 68 £tbc. 66a And 68a Both Fall Within Council Tax Band A.
Under The Terms Of Their Respective Leases / Rental Agreements The Tenants Are Responsible For The Business Rates / Council Tax.
We Recommend All Parties Make Their Own Direct Enquiries With The Local Rating Authority.
Energy Performance Certificate [epc]
We Have Been Advised Of The Following Epc Ratings;
64 - C(61), 68 - D(96), 66a - D(57), 68a - D(65).
Full Copies Of The Epc Assessments And Recommendation Reports Are Available From Our Office Upon Request.
Vat
We Are Advised That The Property Is Not Elected For Vat. Therefore Vat Is Not Applicable On This Sale.
Legal Costs
Please Refer To The Auction House Website.
Anti-money Laundering Regulations
Purchasers Are Required To Register To Bid With Auction House And Auction House Will Undertake The Necessary Aml Checks.
Floor Plan
Indicative Floor Plans Are Available Upon Request - They Are Not To Scale And Not To Be Relied Upon.
Viewing
Please Call Auction House East Anglia On 01473 558 888 To Arrange A Viewing.
All Enquiries Via Joint Sole Selling Agents / Auctioneers:
Fenn Wright
Contact: Michael Moody
T: 01206 85 45 45
E: Colchestercommercial@fennwright.co.uk
And
Auction House East Anglia
Contact: Mark Willett
T: 01473 558888 / 07922 620200
E: Mark.willett@auctionhouse.co.uk
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