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Property Image
Property Image
Property Image

For Sale: £775,000
To Let: £60,000 pa

86-87, Duke Street, Chelmsford, East Of England, CM1

Property Image
Property Image
Property Image
Property Image
  • Area

    area
    4625Sq Ft

The property forms a three storey semi-detached building with a glazed return frontage onto Duke Street. The ground floor provides open plan restaurant/retail accommodation, and the upper two floors provide WC, kitchen, office and storage facilities. The property benefits from a food lift between the ground and first floor.

Location
The City of Chelmsford is located approximately 33 miles to the northeast of London. Chelmsford benefits from excellent communications with the A12 giving direct access to the M25 at Junction 28 (within 12 miles).
The property is situated on Duke Street, adjacent to the High Street and High Chelmer Shopping Centre. Duke Street benefits from a high footfall and forms the principal route from the train/bus station to the High Street. Duke Street has one way vehicular access and there are pay and display car parks within the vicinity.
The train station is a short walk away and provides frequent services to London Liverpool Street Station with journey times from approximately 35 minutes. Within the vicinity are a number of financial and professional services, restaurants and retailers.

Accommodation
We have measured the premises in accordance with the RICS Code of Measuring Practice and calculate the gross internal floor areas to be as follows:
Ground Floor: 2,442 Sq. Ft. (226.99 Sq. M.)
First Floor: 1,362 Sq. Ft. (126.67 Sq. M.)
Second Floor: 821 Sq. Ft. (76.33 Sq. M.)
Total: 4,625 Sq. Ft. (429.99 Sq. M.)
First Floor Store: Unmeasured.

Services
We understand the property is connected to mains water, drainage, gas and electricity. We have not tested any of the services and all interested parties should rely upon their own enquiries with the relevant utility company in connection with the availability and capacity of all of those serving the property including IT and telecommunication links.

Local Authority
Chelmsford City Council Civic Centre, Duke Street, Chelmsford, CM1 1JE

Energy Performance Certificate
C - 68.

Business Rates
The property is listed in the Valuation Office Agency Rating List as follows:
Rateable Value: £53,000 Approx. Rates Payable (2021/22): £27,136 pa

Title
Freehold - EX428814

VAT
We understand that the property is elected to VAT.

Terms
The property is available for sale at a guide price of £775,000 plus VAT.
The property is alternatively available to let on a new full repairing and insuring lease for a term to be agreed, at a commencing rent of £60,000 per annum exclusive plus VAT.

Legal costs
Each party to bear their own legal costs.

Viewing
Strictly by prior appointment with the sole agents:
Fenn Wright 20 Duke Street, Chelmsford, CM1 1HL

Features

  • For Sale / To Let
  • Three Storey Former Restaurant on Popular City Centre Pitch
  • Glazed Return Frontage
  • Open Plan Ground Floor Restaurant/Retail Area
  • Kitchen and WC Facilities
  • Suitable for a Variety of Uses (S.T.P.P.)
  • Short Distance from Train and Bus Station

Floor plan

Floorplan Image

Floorplan Image

Map

Call

John Logan

01245 261226
Make an enquiry

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