Log In/Sign up
Your email has been sent.
The Signal Yard 55-60 Railway St 1,622 sq ft 100% Let Retail Property Chelmsford CM1 1QS £650,000 (£400.74/sq ft) 7.40% Net Initial Yield
Investment Highlights
- Convenient road access via Parkway and Victoria Road
- Strong commercial visibility, with excellent access to local amenities
- Short walk to Chelmsford station, providing frequent rail services to London Liverpool Street
Executive Summary
A fully let, newly built mixed-use property comprising 3 retail units let on FRI leases and 14 flats sold off on 125-year leases from 2021, providing secure yearly ground rents. Unit 3's rent steps up from September 2026. Full tenancy schedule overleaf.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
1,622 sq ft
Costar Property Class
B
Year Built
2021
Price
£650,000
Price per sq ft
£400.74
Yield
7.40%
NOI
£48,100
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
4
Plot ratio
0.23
Total Plot Size
0.16 ac
Parking
12 Spaces (7.04 Spaces per 1,000 sq ft Leased)
Frontage
88 ft on Railway Street
1 1
Nearby Major Retailers
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
The Signal Yard | 55-60 Railway St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.