Unit 4-5 Exchange Way Exchange Way, Chelmsford, CM1 1XB

Use Class

Use Class

E

Rent pa

Rent pa

POA

Market Sector

Market Sector

Shopping Centre

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. This unit is in close proximity to many F&B occupiers such as Cote, Turtle Bay and Banana Tree. A short distance away is the recently opened Kingpins Bowling. Please refer to the attached copy of the street traders plan for further details.

Accommodation

The premises are arranged over ground, first and second floors providing the following approximate areas:

Areas
Sq.Ft
Sq.M
Ground Floor
2,454
227.98
First Floor
1,170
108.69

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

Upon application.

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 £7,551 per annum.

Business Rates

We have been informed by the Valuation Office Agency of the following rating information: Rateable Value £37,500 UBR (25/26) 0.499p All parties are to advised to make their own enquires to the relevant authority.

Rates

Rateable Year:
2025
Rateable Value:
£37,500.00
Rates payable:
£18,712.00
UBR:
49.9p/£

Sustainability

Energy Performance Certificate

116

Energy Performance Certificate Information

The property has an EPC rating of E 116. A full report is available upon request.

This Property is Part of a Shopping Centre

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

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.

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