5-7 Heralds Way is arranged over ground and first floors having a Ground Floor Sales area of 1,174 sq ft. The shop occupies a prime location on the main thoroughfare in the town centre close to the ASDA superstore. South Woodham Ferrers is located 9 miles south east of Chelmsford and 35 miles east of London. Occupiers in the vicinity include Costa, McDonalds, Subway and George.
South Woodham Ferrers is an expanding commuter town of Essex and has an urban area population of 16,453 people. The town is located about 9 miles south east of Chelmsford and 35 miles east of London. It is accessed via the A132 which connects to the dualled A130 leading onto arterial roads providing access to the M25 and the national motorway network.
Ground Floor Sales 1,174 sq ft 109.0 sq m
First Floor Ancillary 1,162 sq ft 108.0 sq m
The unit is available by way of a new effectively full repairing and insuring lease, for a term to be agreed.
£25,000 per annum exclusive.
The Valuation Office Agency website indicates that the 2017 Rateable Value is £20,750. This is not the annual rates payable.
The rates payable will depend on the occupier's circumstances and can be obtained from either Chelmsford City Council (Business Rates: 01245 606 805), or via www.gov.uk/correct-your-business-rates which includes a rates payable calculator.
There is an annual service charge which for the year ended 31st March 2020 is £2,834.44 plus VAT. There is an annual building insurance which is payable by the Tenant. Further details can be provided upon request.
Viewing and further information
Contact: Adrian Fennell
Tel: 01603 756334
Contact: Lloyd Perry
Tel: 01603 756341
Bullets Points 1
The property currently has an Energy Performance Asset Rating of E (104).
( Agency Pilot Software Ref: 165426 )