Office for sale
Parkway, Chelmsford
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Call 0843 314 5500
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Nearest stations:
Chelmsford
(0.4 miles)
Ingatestone
(5.8 miles)
Hatfield Peverel
(6.1 miles)
Commercial information:
- 14,226 sq ft (1,321 sq m)
Key features:
- INVESTMENT / DEVELOPMENT / REFURBISHMENT OPPORTUNITY
- FIVE STOREY OFFICE BUILDING
- TWO GROUND FLOOR RETAIL UNITS
- SMALL REAR CAR PARK
- IN NEED OF SOME REFURBISHMENT
- PROMINENT CHELMSFORD TOWN CENTRE LOCATION
Full description:
LOCATION
The property is situated in Chelmsford, the County Town of Essex. It is prominently located on the south side of Parkway, between Moulsham Street and New London Road in the heart of Chelmsford town centre. The property adjoins Priory Place, a new landmark office building.
DESCRIPTION
The property comprises a five storey office building with ground floor retail units and a small car park at the rear.
The property measures approx. 14,226 sq ft, including the 2 retail units. The offices are accessed via a ground floor reception/lobby with lift and stairs to all floors.
The property is currently producing an income of £63,395 per annum. Both retail units are let but the majority of the 18 office suites are vacant. A tenancy schedule is available upon request.
The property is in need of some refurbishment and there is the possibility for conversion to residential use and possibly an additional floor could be constructed, subject to planning consent.
All planning enquiries should be directed to Chelmsford Borough Council, The Civic Centre, Duke Street, Chelmsford, CM1 1GE, telephone 01245 606606.
ASKING PRICE
Offers are sought in the region of £1,400,000 for the Freehold interest.
Unconditional and ‘subject to planning’ offers will be considered.
LEGAL FEES
Each party to be responsible for their legal costs incurred.
VIEWING
Strictly by appointment through elwell taylor (01245) 266088
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