UNIT 3 1 New London Road, Chelmsford, CM2 0QH

£ 110,000 pa / 1,320 sq ft
3 New London Road, Chelmsford - Picture 2024-03-01-12-16-35
Use Class

Use Class

E

Size

Size

1,320 sq ft

Rent pa

Rent pa

£110,000

Class E opportunity

The subject premises occupies a prime position in Chelmsford Town Centre. Nearby retailers include Waterstones, WHSmith, H&M, M&S, The Range, Boots, Lloyds Bank, Superdrug, Holland & Barrett, Santander and Halifax. The property is also near High Chelmer and The Meadows Shopping Centre, whilst also benefiting from being a short distance from Chelmsford train station. Please refer to the attached copy of the street traders plan for further details.

Please refer to the attached copy of the Street Traders Plan highlighting the unit’s location.

Key Information

Further Infomation

Terms and conditions

The premium for insurance on this unit is £708.55, which includes terrorism.

Accommodation

1,320 Sq.Ft

The premises are arranged over ground and basement levels and provide a well fitted retail unit to include fully glazed shop front, suspended ceiling with spot lighting units and air handling unit, customer toilet. The basement provides ancillary storage together with kitchenette facilities.

Areas
Sq.Ft
Sq.M
Ground Floor Sales
472
43.87
Basement Ancillary
848
78.81

Financial

Lease Type

New Lease

Lease Term

The unit is available by way of a new full repairing and insuring lease for a term to be agreed.

Rent

£25,000 per annum exclusive.

Costs

Each party to be responsible for their own legal costs incurred in this transaction.

Service charge

The current service charge for the financial year is £1,312 per annum.

Business Rates

We have been informed by the Valuation Office Agency of the following rating information: Rateable Value £97,000 UBR (24/25) 0.546p All parties are to advised to make their own enquires to the relevant authority.

Rates

Rateable Year:
2024
Rateable Value:
£97,000.00
Rates payable:
£52,962.00
UBR:
54.6p/£

Sustainability

An EPC has been commissioned. A full report is available upon request.

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 ©2024 Completely Property Technology Limited

This was last updated on 25/04/2024