Office for sale
Property description & features
- Tenure: Leasehold
- Commercial Unit Suitable for Variety of Uses (S.T.P.P.)
- Prominent Position
- City Centre Location in Close Proximity to Chelmsford Train & Bus Station
- Glazed Elevations
- Shell and Core Finish
- Car Parking
LOCATION:
Chelmsford is the County City of Essex, being a strategic administrative, financial and service centre. The city is a popular location for regional offices, being 35 miles north-east of London.
The A12 provides direct access to the M25 (J28) as well as to East Anglia and the East Coast Ports of Felixstowe, Lowestoft and Harwich. Stansted Airport and the M11 (J8) are approximately 30 minutes drive via the A130/A120.
Chelmsford railway station provides a regular fast service to London Liverpool Street (approx. 30 minutes).
City Park West is a new development situated between Chelmsford railway station and the High Street.
ACCOMMODATION
Our client has provided the following gross internal area:
D1 Victoria Road South: 2,703 sq. ft. (251.21 sq. m.)
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
The unit is entered into the valuation office agency rating list as follows:
Rateable Value: £48,250
Approx. Rates Payable (2024/25): £24,076.75
LOCAL AUTHORITY
Chelmsford City Council
T:[use Contact Agent Button]
PLANNING
We understand that the unit has consent for A1, B1, A2, A3, A4 and A5 uses.
ENERGY PERFORMACE RATING
B - 35
VAT
The unit is elected to VAT, which will be charged at the prevailing rate on the rent, service charge and other outgoings.
SERVICE CHARGE
The scheme's standard service charge provisions will apply. Further details are available upon application.
TERMS
The unit is available for sale on a 250 year long leasehold interest at a peppercorn rent at a guide price of £540,000 plus VAT. Alternatively the unit is available to let on a new effective full repairing and insuring leases by way of a service charge for a term to be agreed at a commencing rent of £50,000 per annum exclusive plus VAT.
Legal Costs
Each party to bear their own legal and professional costs incurred.
Places of interest
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*DISCLAIMER
Property reference 14869356FH. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Fenn Wright - Witham & Chelmsford Commercial.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.