24-25 High Street, Chelmsford, Essex, CM1
- SIZE AVAILABLE
6,328 sq ft
588 sq m
- SECTOR
High street retail property for sale
- USE CLASSUse class orders: Class E
E
Key features
- The city of Chelmsford is Essex's premier retailing destination and serves as the principal shopping area and administrative centre for Essex;
- Chelmsford benefits from excellent transport links with a direct journey time to London Liverpool Street of 34 minutes;
- An affluent population is projected to see significantly above average growth over the periods between 2023-2028;
- The property occupies a prime location on Chelmsford High Street and comprises 6,328 sq ft (588 sq m) of accommodation over ground and first floors
- Fully let to Fraser Hart Limited on a lease expiring September 2033 and is guaranteed by Anthony Nicholas Limited;
- Unexpired term of 8.5 years (no breaks);
- Current income of £200,000 per annum with an upward only open market rent review is September 2028;
- Freehold
Description
The property comprises a modern, well configured, two storey building, let in its entirety to Fraser Hart. The ground floor provides retail space, with some ancillary back up, while the first floor serves as ancillary accommodation.
The unit backs onto a service yard to the rear of the property, accessed from Bond Street. In practice the unit is serviced from High Street.
Brochures
24-25 High Street, Chelmsford, Essex, CM1
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Chelmsford Station0.3 miles
- Hatfield Peverel Station6.0 miles
- Ingatestone Station6.0 miles
Notes
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