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135-137 New London Rd 4,375 sq ft 71% Let Office Property Chelmsford CM2 0QT £1,100,000 (£251.43/sq ft)

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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
71%
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

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 1,278 sq ft
  • Office
  • Full Fit-Out
  • Now

The ground floor is available by way of a new fully repairing and insuring Lease, by way of a service charge, at an annual rent of £26,500 exclusive of all other outgoings. The space is to be available from October 2025.

Space Size Space Use Condition Available
1st Floor 1,278 sq ft Office Full Fit-Out Now

1st Floor

Size
1,278 sq ft
Space Use
Office
Condition
Full Fit-Out
Available
Now

1st Floor

Size 1,278 sq ft
Space Use Office
Condition Full Fit-Out
Available Now

The ground floor is available by way of a new fully repairing and insuring Lease, by way of a service charge, at an annual rent of £26,500 exclusive of all other outgoings. The space is to be available from October 2025.

  • Listing ID: 35856782

  • Date on Market: 14/05/2025

  • Last Updated:

  • Address: 135-137 New London Rd, Chelmsford CM2 0QT

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