£615,000
Retail premises for sale
Property photos
Freehold
£615,000
(£702.86/sq. ft)
Retail premises for sale
11-13 Maldon Road, Great Baddow, Chelmsford, Essex CM2875 sq. ft
Local area information
Property location
Nearby amenities
- Baddow Hall Infant School 0.4 miles
- Baddow Hall Junior School 0.4 miles
- Chelmsford 1.9 miles
- Hatfield Peverel 5.8 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
- Busy local parade
- Near to Vineyards shopping area
- Close proximity to Chelmsford city centre
- Income producing
- Short distance to A12
- Attractive village location
- Number 11 Rating C - 54 Number 11a Rating D - 62 Number 13 Rating C - 63 Number 13a Rating E - 46
Comprising 2x two storey terrace buildings. Number 11 comprises ground floor shop and self-contained one bedroom flat.
Number 13 includes shop premises with internal access to first floor flat and rear garage.
Location
Great Baddow is an attractive suburb of Chelmsford approximately 1 mile to the south of the city centre. The building occupies a prominent position within a busy local retail parade directly opposite the Vineyards shopping area and associated car parking. There are excellent traffic links to the A1114 leading to the A130/A12 junction.
Tenure
Freehold with the benefit of the existing leases.
Leases - Number 11 is held on an overriding lease for both the shop and flat for a period of 6 years expiring June 2031 at a rent of £14,500 pax. There are rent reviews in June 2027 and June 2029.
Number 13 has an overriding lease for a period of 10 years until September 2026 at a current rent of £13,000 per annum exclusive.
VAT
All rents, prices and premiums are exclusive of VAT under the Finance Act 1989.
Rating
The property has the following Rateable Values:
Number 11 £7,000
Number 13 £8,000
Legal Costs
Each party to bear their own legal costs incurred in this transaction.
EPC
Number 11 Rating C - 54
Number 11a Rating D - 62
Number 13 Rating C - 63
Number 13a Rating E - 46
Tenure Comments
Freehold with the benefit of the existing leases.
Leases - Number 11 is held on an overriding lease for both the shop and flat for a period of 6 years expiring June 2031 at a rent of £14,500 pax. There are rent reviews in June 2027 and June 2029.
Number 13 has an overriding lease for a period of 10 years until September 2026 at a current rent of £13,000 per annum exclusive.
Number 13 includes shop premises with internal access to first floor flat and rear garage.
Location
Great Baddow is an attractive suburb of Chelmsford approximately 1 mile to the south of the city centre. The building occupies a prominent position within a busy local retail parade directly opposite the Vineyards shopping area and associated car parking. There are excellent traffic links to the A1114 leading to the A130/A12 junction.
Tenure
Freehold with the benefit of the existing leases.
Leases - Number 11 is held on an overriding lease for both the shop and flat for a period of 6 years expiring June 2031 at a rent of £14,500 pax. There are rent reviews in June 2027 and June 2029.
Number 13 has an overriding lease for a period of 10 years until September 2026 at a current rent of £13,000 per annum exclusive.
VAT
All rents, prices and premiums are exclusive of VAT under the Finance Act 1989.
Rating
The property has the following Rateable Values:
Number 11 £7,000
Number 13 £8,000
Legal Costs
Each party to bear their own legal costs incurred in this transaction.
EPC
Number 11 Rating C - 54
Number 11a Rating D - 62
Number 13 Rating C - 63
Number 13a Rating E - 46
Tenure Comments
Freehold with the benefit of the existing leases.
Leases - Number 11 is held on an overriding lease for both the shop and flat for a period of 6 years expiring June 2031 at a rent of £14,500 pax. There are rent reviews in June 2027 and June 2029.
Number 13 has an overriding lease for a period of 10 years until September 2026 at a current rent of £13,000 per annum exclusive.
More information
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