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Unit 11 Exchange Way Exchange Way, Chelmsford, CM1 1XB
Use Class
E
Size
5,866 sq ft
Rent pa
£50,000
Description
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
£50,000 per annum exclusive.
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
Sustainability
Energy Performance Certificate
Energy Performance Certificate Information
The property has an EPC rating of D 87. A full report is available upon request.
This unit is part of High Chelmer
High Chelmer
A variety of mainly national brands including Boots, Peacocks, River Island, New Look, Body Shop, MKOne, Republic, La Senza, Miss Selfridge and Top Shop. 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 Sports and River Island. Flannels are due to open in Summer 2023 on the entrance to the scheme. Recent lettings have been completed to Ann Summers, Hays Travel, Cards Direct and Boots Hearing World. Other notable retailers include Boots, Sketchers, and Pandora. The retail offer is supported by a strong F&B offering including Cote, Turtle Bay and Banana Tree.
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 04/11/2024