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Marketed by
Unit 15 Newlands Street Town Centre, Witham, CM8 2AP
Use Class
E
Size
4,750 sq ft
Rent pa
£50,000
Market Sector
Shopping Centre
Description
Occupiers within the scheme include Card Factory, Toast, Peacocks and Savers.
Under the new E Use Class the property could be used as a shop, cafe, restaurant, without the need for a planning application.
Location
Witham is an attractive town between Chelmsford and Colchester on the A12.
Situated close to main car park with Boots, Peacocks and PDSA.
Approx 40,000 people living within a 10 min drive time.
Key Information
Legal
The insurance for 2025 is £628.49.
Accommodation
4,750 Sq.Ft
Additional Contacts
Asset Managers
NewRiver
Financial
Lease Term
Available by way of a new effectively full repairing and insuring lease for a term of 10 years.
Rent
£50,000 pax.
Service Charge
The service charge for 2025 is approximately £13,550 per annum.
Business Rates
£26,750 (2023 assessment) Interested parties are advised to make their own enquiries to the local authority regarding the rates liability and any relief that may be available.
Rates
Sustainability
The property's energy rating is C.
This Property is Part of a Shopping Centre
Newlands Shopping Centre
Newlands Shopping Centre in Essex boasts well-known retailers, excellent independents and a modern gym. The Centre in Witham is located 50 miles North East of London with excellent transport links including a 40 minute train service to London Liverpool Street.
Disclaimer
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 ©2025 Completely Property Technology Limited