Colchester is emerging as one of the UK’s most rapidly developing cities, located approximately 60 miles northeast of London. It enjoys excellent transport connections, including regular train services to London Liverpool St. in about 50 minutes, as well as proximity to London Stansted Airport via convenient road links. The property is situated on Head Street, an active thoroughfare in the heart of the city center, adjacent to the High Street and opposite a prominent H&M store. This area benefits from a diverse mix of national brands and independent retailers, alongside various leisure facilities, making it an attractive location for both residents and businesses.
This Grade II Listed property presents a unique opportunity for investors and developers alike. It comprises a tenanted retail space on the ground floor along with vacant office space on the first floor, offering significant potential for renovation or redevelopment. The ground floor unit currently operates as Brooks Barbers Shop, generating a secure rental income that currently stands at £12,000 per annum with scheduled increases in subsequent years.
The first-floor offices are where the true potential lies; previously occupied by Ellisons Solicitors, these offices offer approximately 973 sqft (90.39 sqm) of flexible space accessible via a dedicated side entrance. This area can be utilized immediately for letting or owner-occupation and has promising prospects for conversion into residential units or other uses—subject to obtaining necessary planning permissions and listed building consents.
The property itself is an appealing example of late 18th-century architecture featuring distinct period elements such as its grey gault brick facade and decorative windows. Both floors are equipped with all mains services including water, gas, electricity, and drainage.
With established use as retail and office spaces in a vibrant city center location, this property not only represents an immediate income-producing asset but also offers considerable scope for future development. Interested parties should conduct their own due diligence regarding planning permissions with Colchester City Council to explore all available options fully.
This freehold opportunity is being offered subject to the current tenancy on the ground floor while providing vacant possession of the first-floor offices—a strategic investment option in an area poised for growth and revitalization.
