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135-137 New London Rd 4,375 sq ft 100% Let Office Property Chelmsford CM2 0QT £1,100,000 (£251.43/sq ft)
INVESTMENT HIGHLIGHTS
- Located in the heart of Chelmsford's business district
- Walking distance to mainline railway station
- Easy walking distance of Chelmsford High Street
EXECUTIVE SUMMARY
The Freehold interest in the property is available at a guide price of £1,100,000. The two upper floors of the property are let on the basis of full repairing and insuring leases, by way of a service charge, expiring in September 2028, at a combined passing rent of £45,951 per annum exclusive subject to break clauses in September 2025. Further Lease details are available upon request. Currently the ground floor is available for rent at £25,000pa
PROPERTY FACTS Sale Pending
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Size
4,375 sq ft
Costar Property Class
B
Year Built
1980
Price
£1,100,000
Price per sq ft
£251.43
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
4
Typical Floor Size
911 sq ft
Floor To Floor Height
11 ft
Plot ratio
2.19
Total Plot Size
0.05 ac
Parking
5 Spaces (1.37 Spaces per 1,000 sq ft Leased)
AMENITIES
- Security System
- Storage Space
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135-137 New London Rd
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