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For Sale£3,000,000.00

Trinity Square, Chipping Row & Reeves Way, Chelmsford, CM3 5JX

Other, Other Property Types & Opportunities , 5830 - 24329 Sq Ft
Property type: Other, Other Property Types & Opportunities
Tenure: Investment Opportunity, For Sale Freehold
Size: 5830 - 24329 Sq Ft
Price: £3,000,000.00
Location: Trinity Square, Chipping Row & Reeves Way, South Woodham Ferrers, Chelmsford, CM3 5JX
Trinity Square and Chipping Row are available upon a freehold basis and Reeves Way a long leasehold basis, each being subject to the existing tenancies.

Currently producing a combined rent of £209,459 per annum exclusive, with the opportunity to increase this to £242,774 per annum exclusive once the remaining suites are let.

Reeves Way is subject to a ground rent payment of £23,750 per annum.

Full tenancy schedule available upon request.

Our client also owns the freehold of the adjoining property that has been sold long leasehold, the income produced from this equates to £9,225 per annum. Shown hatched blue on the pro map plan.

The properties are available as a single lot; Consideration will be given to offers for either of the properties on an individual basis.
( Agency Pilot Software Ref: 8903561 )
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