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65 Duke St 3,327 sq ft 100% Let Retail Property Chelmsford CM1 1LW £1,125,000 (£338.14/sq ft)
INVESTMENT HIGHLIGHTS
- Prominent location
- Walking distance to Chelmsford High Street
- Opposite Chelmsford mainline railway station
EXECUTIVE SUMMARY
A freehold investment subject to the existing commercial tenancies. The ground floor is let to Spicerhaart Property Services Ltd,
holding over at a passing rent of £40,000 per annum. The first floor is let to Escape Live Chelmsford Ltd, on a lease expiring August 2027, outside of the Landlord & Tenant Act 1954, at a rent of £28,000 per annum.
holding over at a passing rent of £40,000 per annum. The first floor is let to Escape Live Chelmsford Ltd, on a lease expiring August 2027, outside of the Landlord & Tenant Act 1954, at a rent of £28,000 per annum.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Size
3,327 sq ft
Costar Property Class
B
Year Built
1988
Price
£1,125,000
Price per sq ft
£338.14
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Plot ratio
1.05
Total Plot Size
0.07 ac
Frontage
31 ft on Duke Street
AMENITIES
- Commuter Rail
- Accent Lighting
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NEARBY MAJOR RETAILERS
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65 Duke St
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