LOCATION

The property is prominently located along Springfield Road close to Chelmsford High Street adjacent to Blockbuster Video and Iceland, and opposite the Tesco town centre superstore.

DESCRIPTION

The property comprises a two storey retail unit constructed in 9” brickwork under a tiled roof with single storey rear additions. The property has recently been redecorated throughout including new surface mounted reflective fluorescent lighting and new electric heaters. The old floor coverings have been removed and the landlord is happy to supply and fit a new floor covering prior to the commencement of a lease subject to tenant’s requirements.

Male and female w.c.’s are located on the first floor and there is a garden area to the rear measuring approximately 50 ft x 18 ft.

ACCOMMODATION

Sales Area 500 Sq Ft 46.5 Sq M
Kitchen/Store 98 Sq Ft 9.1 Sq M
First Floor 402 Sq Ft 37.3 Sq M
Male and female w.c.’s and garden

Total 1000 Sq Ft 92.9 Sq M

TERMS

The property is to be let on the basis of a new full repairing and insuring lease for a initial term of up to 5 years, at a rent of £17,500 per annum. Lease to be outside of the Landlord & Tenant Act 1954.

Rent is exclusive of VAT (if applicable), business rates and all other outgoings.

BUSINESS RATES

The property is assessed for business rate purposes at R.V. £12,750.

The 2011/2012 rate in the £ is 42.6p therefore rates payable equals £5,431.50 per annum.

LEGAL COSTS

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


Viewing
Please contact our Chelmsford Office on 01245 266088 if you wish to arrange a viewing appointment for this property or require further information.

Disclaimer
Elwell Taylor endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.