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Agent's details

5-15 Robjohns Road, Chelmsford, Essex, CM1 3AG

For sale: £1,600,000.00|General Industrial, Mixed Use, Industrial, Other Property Types & Opportunities

Property details

FOR SALE£1,600,000.00
ADDRESS5-15 Robjohns Road, Chelmsford, Essex, CM1 3AG
TYPEGeneral Industrial, Mixed Use, Industrial, Other Property Types & Opportunities
TENUREUnder Offer, For Sale Freehold
POSTED ON11th September 2024

Description

Location

The property is located along Robjohns Road, close to the junction with Writtle Road, on the popular Widford Industrial Estate in Chelmsford.
Widford Industrial Estate benefits from good proximity to Chelmsford city centre, the A12 and M25 (via the A414).
Other occupiers on the estate include Big Yellow, Halfords and Topps Tiles.

Description

5-15 Robjohns Road is a mixed use investment / development opportunity, comprising of 5 separately let properties on a single site, available for sale freehold, either individually or as a whole.
5-7 Robjohns Road is a detached, 2-storey residential property, let at a passing rent of £15,000 per annum.
9 Robjohns Road is a single storey industrial unit, let at a passing rent of £13,000 per annum, within the Landlord and Tenant Act 1954.
11 Robjohns Road is a single storey industrial unit, let at a passing rent of £22,000 per annum, outside of the Landlord and Tenant Act 1954.
13 and 15 Robjohns Road are single storey industrial units, let to the same tenant at a passing rent of £22,000 per annum each, outside of the Landlord and Tenant Act 1954.
All leases expire 24/12/2025.
Full tenancy details are available upon request.

Accommodation

5-7 Robjohns Road - 868 sq ft (81 sq m)
9 Robjohns Road - 1,611 sq ft (150 sq m)
11 Robjohns Road - 1,799 sq ft (167 sq m)
13 Robjohns Road - 1,771 sq ft (165 sq m)
15 Robjohns Road - 1,786 sq ft (166 sq m)

Tenure Comments

The freehold interest of 5-15 Robjohns Road is available as a whole.

Alternatively, the seller will give consideration to selling the properties individually or as lots, as follows: -

5-7 Robjohns Road - £395,000
9 Robjohns Road - £320,000
11 Robjohns Road - £295,000
13 Robjohns Road - £295,000
15 Robjohns Road - £295,000

The seller has had a scheme designed for the redevelopment fo the site (STPP), that includes the replacement of No. 9 with a 3 storey building, incorporating ground floor commercial, and 4 flats above.
Full details upon request.

Planning

The seller has had a scheme designed for the redevelopment fo the site (STPP), that includes the replacement of No. 9 with a 2/3 storey building, incorporating ground floor commercial, and 8 flats above.
Full details upon request.

VAT

The sale of the commercial properties is potentially subject to VAT.

EPC

5-7 Robjohns Road: E-122
9 Robjohns Road: C-57
11 Robjohns Road: E-124
13 Robjohns Road: E-103
15 Robjohns Road: C-71 ( Agency Pilot Software ref: 119 )

Location

marker
Location: 5-15 Robjohns Road, Chelmsford, Essex, CM1 3AG

Chelmsford (1.1 miles)

Ingatestone (5.0 miles)

Billericay (6.8 miles)

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