ADDRESSHeralds Way, South Woodham Ferrers, Chelmsford, Essex, CM3 5TQ
TYPERetail - High Street, Retail
TENURETo Let, Under Offer
POSTED ON13th July 2021
8 Heralds Way is arranged over ground and first floors with a ground floor sales area f 610 sq ft and a total net internal floor area of 727 sq ft. The shop occupies a prime location on the main thoroughfare in the town centre close to the ASDA superstore. 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 Office/Sales 610 sq ft 56.7 sq m Ground Floor Ancillary 117 sq ft 10.9 sq m Total: 727 sq ft 67.5 sq m
The unit is available by way of a new effectively full repairing and insuring lease, for a term to be agreed.
Rent £12,500 per annum exclusive.
The Valuation Office Agency website indicates that the 2017 Rateable Value is £10,500. 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.