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Commercial property investment for sale - Excellent location!

For sale: £275,000.00|3,660 Sq Ft|Retail

Property details

FOR SALE£275,000.00
SIZE3,660 Sq Ft
ADDRESS43 Broomfield Road, Chelmsford, Essex, CM1 1SY
TYPERetail
TENUREInvestment Opportunity, Under Offer, For Sale Leasehold
POSTED ON12th March 2024

Description

Description:
We are happy to bring to market this fantastic opportunity to purchase a large commercial unit in an excellent location. The property is located on the busy Broomfield Road, which runs from Chelmsford city centre to Broomfield village. The unit has a large frontage, with large windows, and a raised façade, giving it a premier aspect.

The unit is currently let to Options hairdressers on an FR & I tenancy at a rent of £21,000 p.a. until August 12, 2030.

Key Features:
• Tenure – New 125 year lease
• Premises totals 340 sqm / 3,659.7 sqf
• Current rental income of £21,000 p.a.
• Price: £275,000 ex-vat
• Vat is applicable to this property.

Location:
Chelmsford is a city in Essex situated 3o miles northeast of London. It is a popular commuter town, as well as boasting a high proportion of in city workers.

The property itself is around the corner from the Chelmsford high street and town centre, and a 5 minute walk to the train station. Broomfield road is a busy commercial street as well, with many local eateries and retailers, as well as being near the King Edward VI Grammar School.

Occupiers close by include Chelmsford City Council, Remus Management and many other local and national eateries and retailers.

Vanderwald Estates have represented the information here based on information provided by the vendor. All potential buyers should only rely on their own due diligence and inspections.

Location

marker
Location: 43 Broomfield Road, Chelmsford, Essex, CM1 1SY

Chelmsford (0.2 miles)

Hatfield Peverel (6.1 miles)

Ingatestone (6.1 miles)

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