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29/31 Bank Street

Braintree, CM7 1UG

Use Class E

4,138 sq ft

POA

Use Class

E

Size

4,138 sq ft

Rent pa

POA

Marketed by Smith Price RRG,

Last updated 06/10/2020
** Planning consent has now been obtained for residential conversion of the upper parts ** 

100% prime shop and upper floors to let or for sale.  

The shop is located in the pedestrianised Bank Street which is the prime shopping location in the town centre and is a few doors from the entrance to The George Yard Shopping Centre.  Major retailers represented nearby include New Look, Iceland, Vision Express, Boots, WHSmith and Superdrug. 
Braintree is an affluent and historic Essex market town with an urban population of some 42,000 and a district area population of 132,000 which is rapidly expanding.  The town is approximately 40 miles north east of London, 10 miles from Chelmsford and 15 miles from Colchester, enjoying good road communications being adjacent to the A120 linking with the A12 to the east and the M11 to the west.  Braintree is also a popular commuter town having a fast and frequent rail service to London's Liverpool Street Station of approximately 1 hour. 

Tenure

Leasehold 

Accommodation

Accommodation details below:

Dimensions

ftm
Gross Frontage3510.7

Areas

sq ftsq m
Ground Floor Sales1,770164
Ground Floor Ancillary46643.3
Basement Ancillary20118.7
First Floor Ancillary1,118103
Second Floor Ancillary58354.2

Financial

Lease Type

New Lease 

Lease Term

The property is offered on a new lease basis for a term to be agreed, either as a whole or separately.  Further information can be found on the attached details.

Alternatively, the freehold may be available with the price available upon application. 

Rent

The property can be rented as either as a whole or separately with the following rents:
Ground Floor and Basement Only - £42,500 p.a. excl. 
Upper Floors Only - £10,000 p.a. excl.
Combined - £52,500 p.a. excl. 

Alternatively, the freehold may be available with the price available upon application. 

Rates

The rateable value is £50,500 for the ground floor and basement and £9,950 for the 1st and 2nd floors. Rates payable may be subject to transitional relief and interested parties are advised to make their own enquiries to the Business Rates Department of Waltham Forest Council – Tel: 020 8496 3000

Last Updated

06/10/2020

Misrepresentation Notice

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

All data ©2021 Completely Property Technology Limited

Smith Price RRG

Smith Price RRG