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Agent's details

Commercial Units At Novello, Victoria Road, Chelmsford, Essex, CM1

For sale: £250,000.00|To rent: £20,000.00 - £24,000.00 Per Annum|896 - 980 Sq Ft|Office, Retail - High Street, Offices, Retail

Property details

FOR SALE£250,000.00
TO RENT£20,000.00 - £24,000.00 Per Annum
SIZE896 - 980 Sq Ft
ADDRESSCommercial Units At Novello, Victoria Road, Chelmsford, Essex, CM1
TYPEOffice, Retail - High Street, Offices, Retail
TENURETo Let, For Sale Freehold
POSTED ON25th October 2022

Description

Novello forms a high density mixed use development made up of 203 residential dwellings and ground floor commercial units. The units benefit from prominent return glazed retail frontages onto Victoria Road.

Unit B is currently used as the scheme's sales office and will be available with the benefit of the existing fitout. Units D and E will be released in shell and core specification ready for occupier's own fit out.

Location
The Units are situated on Victoria Road, which forms a busy main road on the outskirts of Chelmsford city centre. The Riverside Retail Park and Riverside Leisure Centre are in very close proximity where occupiers such as McDonalds, Sports Direct and Costa can be found. The Bond Street Retail and Leisure Development is a short walk away and is where John Lewis, Wagamama and Everyman Cinema are located.

Chelmsford is approximately 35 miles northeast of London. Chelmsford mainline train station is approximately 0.3 miles away and provides a frequent service to London Liverpool Street with journey times from approximately 30 minutes.

Services
We understand that the units have electricity, water and gas connections. We have not tested any of the services and all interested parties should rely upon their own enquiries with the relevant utility company in connection with the availability and capacity of all those serving the property including IT and telecommunication.

Local Authority
Chelmsford City Council
Civic Centre, Duke Street, Chelmsford CM1 1JE

Business Rates
The Units require assessment for the Business Rates.

Interested parties are advised to contact the local authority for further information.

Planning
The units have planning permission for A1, A2, A3, A4 and D1 uses under the application no.: 18/00840/FUL. Interested parties are advised to confirm the suitability of their proposed use with the Local Planning Authority.

Energy Performance Certificate
Tbc.

Service Charge
The scheme's standard service charge will apply. Further information is available upon request.

Terms
The units are available for sale by way of 125 year long leasehold interests at an annual peppercorn ground rent or to let on new effective full repairing and insuring leases by way of a service charge. Guide prices and rents are contained within the accommodation schedule in the marketing brochure.

VAT
We understand the units are elected to VAT and will be payable on the purchase price, rent and service charge.

Legal Costs
Each party to bear their own legal costs. ( Agency Pilot Software ref: 14869938 )

Location

marker
Location: Commercial Units At Novello, Victoria Road, Chelmsford, Essex, CM1

Chelmsford (0.3 miles)

Hatfield Peverel (5.8 miles)

Ingatestone (6.3 miles)

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