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Unit 11 Exchange Way Exchange Way, Chelmsford, CM1 1XB

£ 50,000 pa / 5,866 sq ft
Unit 11 Exchange Way, High Chelmer, Chelmsford - Picture 2024-04-04-09-23-28
Use Class

Use Class

E

Size

Size

5,866 sq ft

Rent pa

Rent pa

£50,000

High Chelmer provides the largest covered shopping centre in Chelmsford with over 80 shops open 7 days a week. The scheme provides the dominant mass market fashion offer within the city with retailers including Next, Primark, JD, Boots and River Island.

The premises occupy a prominent corner location fronting Market Road and Cornhill, opposite Chelmsford Market.

Please refer to the attached copy of the street traders plan for further details.

Key Information

Viewing

Subject to vacant possession, and strictly by appointment through joint agents, Green & Partners, contacting:

Legal

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

Accommodation

5,866 Sq.Ft

The premises are arranged over ground, first and second floors providing the following approximate areas: Ground Floor - 1,805 sq. ft. (167.68 sq. m) First Floor - 2,057 sq. ft. (191.10 sq. m) Second Floor - 2,004 sq. ft. (186.17 sq. m) Total - 5,866 sq. ft. (544.96 sq. m)

Financial

Lease Term

The unit is available on a new effectively full repairing and insuring lease for a term of years to be agreed, subject to vacant possession.

Rent

Subject to contract, rental offers are invited in the region of £50000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Service charge

The current service charge for the financial year is £10,170 per annum.

Business Rates

We have been informed by the Valuation Office Agency of the following rating information: Rateable Value £50,500 UBR (24/25) 0.499p All parties are to advised to make their own enquires to the relevant authority.

Rates

Rateable Year:
2024
Rateable Value:
£50,500.00
UBR:
49.9p/£

Sustainability

The property has an EPC rating of D 87. 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 04/04/2024