Retail premises for sale in Railway Street, Chelmsford CM1, £595,000
595,000.00
Offer Nr.:
64151126
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Countrywide Commercial
Phone(s):
020 3641 1628
Email:
* Price reduced
* Mixed use investment
* 3 retail shops and 14 ground rents
* Fully rented
* £47, 000 A year income
* Offers sought in the region of £595, 000
Location:
Railway Street is situated a few hundred yards from both Chelmsford British
Rail Station and the Bus Station. Chelmsford city Centre is approx. 5 minutes’
walk.
Description:
A full let newly built mixed - use property with 3 retail units all let on Fri
leases and 14 flats sold off on 125 - year leases from 2021 providingyearly
ground rents.
Income (tenancy Schedule on page 3.
3 x Retail Units - £45, 000 pax
14 x Ground Rents - £2, 000 pa
Total Income - £47, 000 pax
**Method ofsale**
The property is for sale by private treaty.
**Tenure**
The site is being sold freehold with existing tenancies.
**Price**
Offers are sought in the region of£595, 000 + VAT (can be bought by way of a
togc)
* Mixed use investment
* 3 retail shops and 14 ground rents
* Fully rented
* £47, 000 A year income
* Offers sought in the region of £595, 000
Location:
Railway Street is situated a few hundred yards from both Chelmsford British
Rail Station and the Bus Station. Chelmsford city Centre is approx. 5 minutes’
walk.
Description:
A full let newly built mixed - use property with 3 retail units all let on Fri
leases and 14 flats sold off on 125 - year leases from 2021 providing
ground rents.
Income (tenancy Schedule on page 3.
3 x Retail Units - £45, 000 pax
14 x Ground Rents - £2, 000 pa
Total Income - £47, 000 pax
**Method of
The property is for sale by private treaty.
**Tenure**
The site is being sold freehold with existing tenancies.
**Price**
Offers are sought in the region of
togc)
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