LOCATION

 

The property is situated in Chelmsford, the County Town of Essex.  It is prominently located on the south side of Parkway, between Moulsham Street and New London Road in the heart of Chelmsford town centre.  The property adjoins Priory Place, a new landmark office building. 

 

DESCRIPTION

 

The property comprises a five storey office building with ground floor retail units and a small car park at the rear.

 

The property measures approx. 14,226 sq ft, including the 2 retail units. The offices are accessed via a ground floor reception/lobby with lift and stairs to all floors.

 

The property is currently producing an income of £63,395 per annum. Both retail units are let but the majority of the 18 office suites are vacant. A tenancy schedule is available upon request.

 

The property is in need of some refurbishment and there is the possibility for conversion to residential use and possibly an additional floor could be constructed, subject to planning consent.

All planning enquiries should be directed to Chelmsford Borough Council, The Civic Centre, Duke Street, Chelmsford, CM1 1GE, telephone 01245 606606.

 

ASKING PRICE

                       

Offers are sought in the region of £1,400,000 for the Freehold interest.

 

Unconditional and ‘subject to planning’ offers will be considered.

 

LEGAL FEES

 

Each party to be responsible for their legal costs incurred.

 

VIEWING       

 

Strictly by appointment through elwell taylor (01245) 266088

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.