Unit 38 Exchange Way, Chelmsford, CM1 1XB

To Let
Unit 38-39 East Mall, High Chelmer, Chelmsford - Picture 2024-04-03-17-28-22
Use Class

Use Class

E

Size

Size

2,624 sq ft

Rent pa

Rent pa

£110,000

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 Flannels, Next, Primark, JD Sports, Boots, River Island and Office Shoes.

The premises are adjacent to Laser Clinic and Starbucks and are within the prime mall of High Chelmer Shopping Centre.

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

2,624 Sq.Ft

The premises are arranged over ground and first floors providing the following approximate areas: Ground Floor - 1,162 sq. ft. (107.95 sq. m) First Floor - 1,462 sq. ft. (135.82 sq. m) Total - 2,624 sq. ft. (243.77 sq. m)

Areas
Sq.Ft
Sq.M
Ground Floor
1,162
107.95
First Floor
1,462
135.82

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 £110000 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 £32,600 per annum.

Business Rates

We have been informed by the Valuation Office Agency of the following rating information: Rateable Value £86,500 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:
£86,500.00
Rates payable:
£47,229.00
UBR:
54.6p/£

Sustainability

Energy Performance Certificate

101

Energy Performance Certificate Information

The property has an EPC rating of E 101. 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.

Green & PartnersCushman & Wakefield

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