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For Sale: £360,000
9-13 Newland Street, Witham, Essex, CM8
-
Area
0 - 100Sq Ft
FOR SALE BY AUCTION - WEDNESDAY 11TH DECEMBER 2024
LOCATION AND DESCRIPTION
This detached established Grade II Listed building in the main shopping street (Newland Street) is made up of three ground floor commercial units, all currently let together with vacant upper parts. 9 Newland Street is let as a Barbers; 11 Newland Street let as a Café and 13 Newland Street let as a Florist.
There are a number of High Street shops, bars, restaurants and recreational facilities available in Witham town centre as well as supermarkets, good vehicular access to the A12 for Chelmsford and Colchester and Witham railway station offers the mainline service to London (Liverpool Street).
The vacant upper parts have previously been used for storage and additional space for the florist and prior to that utilised as offices. This area spans the width of the building and may offer the potential for alternative uses, subject to all necessary consents being obtainable.
To the rear of the property there is an entrance door at ground floor level with staircase to the upper parts.
9 NEWLAND STREET - GOODFELLAS BARBERS
Main barber/sales area (with six cutting stations), waiting area, kitchen and cloakroom with W.C.
Let on a Commercial Lease for a period of 20-years expiring on 8th January 2043 at a current rental of £13,300 per annum.
EPC Rating C
11 NEWLAND STREET - BREEZE CAFE
Open plan café area (with approximately 42 covers), kitchen, washing up room, rear hallway, food store and preparation area, male and female cloakroom/W.C.
Let on a Commercial Lease for a period of 19 years and 6 months expiring on 31st May 2032 at a current rental of £16,000 per annum.
EPC Rating B
13 NEWLAND STREET - MICHELLE FLORAL DESIGN
Main shop and sales area, rear conservatory and preparation area, inner lobby with access basement with chiller area and W.C.
Let on a Commercial Lease for a period of 10 years expiring on 11th July 2026 at a current rental of £11,750 per annum.
EPC Rating E
FIRST FLOOR - VACANT
A number of rooms, shower room and cloakroom with W.Cs.
LOCAL AUTHORITY
Braintree District Council
T. 01376 552525
SERVICES
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.
BUSINESS RATES
Interested parties are to rely on their own investigations and advised to contact the local authority for further information.
SALE PROCESS
The freehold property is offered for sale subject to the existing leases via Clive Emson Auctioneers on Wednesday 11th December 2024 commencing 11.00am. Guide price is £360,000-£370,000 plus fees.
For further information and access to the legal documents, please refer to Clive Emson Auctioneers' website www.cliveemson.co.uk/properties/254/82/
VIEWING
At the viewing appointments, only access to the upper level will be granted as the commercial premises are all currently trading.
CONTACT:
Clive Emson Auctioneers
First Floor, 129 New London Road, Chelmsford, Essex, CM2 0QT
Contact:
Paul Bridgeman
T: 01245 205778
E: [email protected]
Or
Fenn Wright
20 Duke Street, Chelmsford , Essex, CM1 1HL
Contact:
John Logan
T: 01245 292101
E: [email protected]
Features
- Guide Price £360,000-£370,000 plus Fees
- Commercial investment with vacant upper parts
- Located in the main shopping street (Newland Street)
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9-13 Newland Street, Witham, Essex, CM8
FOR SALE BY AUCTION - WEDNESDAY 11TH DECEMBER 2024
LOCATION AND DESCRIPTION
This detached established Grade II Listed building in the main shopping street (Newland Street) is made up of three ground floor commercial units, all currently let together with vacant upper parts. 9 Newland Street is let as a Barbers; 11 Newland Street let as a Café and 13 Newland Street let as a Florist.
There are a number of High Street shops, bars, restaurants and recreational facilities available in Witham town centre as well as supermarkets, good vehicular access to the A12 for Chelmsford and Colchester and Witham railway station offers the mainline service to London (Liverpool Street).
The vacant upper parts have previously been used for storage and additional space for the florist and prior to that utilised as offices. This area spans the width of the building and may offer the potential for alternative uses, subject to all necessary consents being obtainable.
To the rear of the property there is an entrance door at ground floor level with staircase to the upper parts.
9 NEWLAND STREET - GOODFELLAS BARBERS
Main barber/sales area (with six cutting stations), waiting area, kitchen and cloakroom with W.C.
Let on a Commercial Lease for a period of 20-years expiring on 8th January 2043 at a current rental of £13,300 per annum.
EPC Rating C
11 NEWLAND STREET - BREEZE CAFE
Open plan café area (with approximately 42 covers), kitchen, washing up room, rear hallway, food store and preparation area, male and female cloakroom/W.C.
Let on a Commercial Lease for a period of 19 years and 6 months expiring on 31st May 2032 at a current rental of £16,000 per annum.
EPC Rating B
13 NEWLAND STREET - MICHELLE FLORAL DESIGN
Main shop and sales area, rear conservatory and preparation area, inner lobby with access basement with chiller area and W.C.
Let on a Commercial Lease for a period of 10 years expiring on 11th July 2026 at a current rental of £11,750 per annum.
EPC Rating E
FIRST FLOOR - VACANT
A number of rooms, shower room and cloakroom with W.Cs.
LOCAL AUTHORITY
Braintree District Council
T. 01376 552525
SERVICES
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.
BUSINESS RATES
Interested parties are to rely on their own investigations and advised to contact the local authority for further information.
SALE PROCESS
The freehold property is offered for sale subject to the existing leases via Clive Emson Auctioneers on Wednesday 11th December 2024 commencing 11.00am. Guide price is £360,000-£370,000 plus fees.
For further information and access to the legal documents, please refer to Clive Emson Auctioneers' website www.cliveemson.co.uk/properties/254/82/
VIEWING
At the viewing appointments, only access to the upper level will be granted as the commercial premises are all currently trading.
CONTACT:
Clive Emson Auctioneers
First Floor, 129 New London Road, Chelmsford, Essex, CM2 0QT
Contact:
Paul Bridgeman
T: 01245 205778
E: [email protected]
Or
Fenn Wright
20 Duke Street, Chelmsford , Essex, CM1 1HL
Contact:
John Logan
T: 01245 292101
E: [email protected]