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The Law Building, Burgess Springs, Victoria Road South, Chelmsford, Essex, CM1

Guide Price
£3,500,000

£173.65 per sq ft

Business rates & charges may apply

Fenn Wright, Chelmsford Commercial Sales and Lettings
SIZE AVAILABLE

20,156 sq ft

1,873 sq m

SECTOR

Office for sale

Key features

  • Very Close to Chelmsford City Train Station
  • 28 Allocated Car Parking Spaces within Secure Underground Car Park
  • BREEAM Rating: Very Good
  • VRF Comfort Cooling
  • Full Access Raised Flooring
  • Suspended Ceilings Comprising Metal Tiles and Recessed Lighting
  • Video Entry System
  • Passenger Lift

Description

The Law Building forms part of the mixed use City Park West development which occupies a prominent position opposite Chelmsford Station. The Law Building has been substantially rebuilt behind a retained Art Deco façade to provide high quality office accommodation over three floors with a passenger lift.
Externally the property benefits from secure car parking in the scheme's underground car park.

Within the scheme there is a newly opened Brewhouse & Kitchen, Bupa Health Centre, énergie Fitness gym and a Londis convenience store. Park Central which incorporates Chelmsford Bus Station is a very short distance away and occupiers include Tesco's, Greggs and Subway.

Location
Chelmsford is the principal commercial and administrative centre in Essex located approximately 30 miles north-east of London. It has a large and well-established business community comprising companies within the banking, finance, and business service sectors as well as Government departments. Major occupiers within the City include AON, Arthur J Gallagher, MS Amlin, Grant Thornton, QBE, and RSA.

Chelmsford High Street is a short distance away and interlinks with the popular Bond Street retail and leisure scheme which hosts John Lewis, The North Face, Bills and Wagamama to name but a few.

Chelmsford train station is approximately 250 yards from the property and provides a frequent mainline rail service to London Liverpool Street with journey times from approximately 32 minutes.

The City benefits from excellent communication links with the A12 providing dual carriageway access to Central London, the M25 motorway (junction 28) 14 miles to the south-west and Colchester 24 miles to the north-east. The A414 to the south of the city centre provides access to the M11 motorway (junction 7)
approximately 17 miles to the west. The A130 provides access to Braintree and the A120 to the north-east.

Stansted International Airport is easily accessible being 18 miles to the north-west, via the A120.

Accommodation (NIA)
Ground Floor 6,430 sq. ft.
First Floor 6,863 sq. ft.
Second Floor 6,863 sq. ft.
Approx. Total Net Internal Area 20,156 sq. ft.

EPC
B - 42

Rates
The property is entered into the 2023 VOA Rating List as follows:
Ground Floor Rateable Value £142,000
1st & 2nd Floor Rateable Value £262,500

Service Charge
The Law Building is to contribute towards the scheme's service charge. Further information is available upon request.

Tenure
The Law Building is available for sale on a new 999 year Long Leasehold interest at a peppercorn ground rent.

Price
£3,500,000 plus VAT.

VAT
The property is elected to VAT.

Costs
Each party to bear their own legal and surveyors costs incurred in this transaction.

Brochures

The Law Building, Burgess Springs, Victoria Road South, Chelmsford, Essex, CM1

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Chelmsford Station0.1 miles
  • Ingatestone Station5.9 miles

About Fenn Wright, Chelmsford Commercial Sales and Lettings

20 Duke Street Chelmsford Essex CM1 1HL

Fenn Wright are East Anglia's leading, independently owned partnership of commercial property agents, estate agents and Chartered Surveyors, with a reputation for providing the highest level of customer care. Although we've been around since 1768 we endeavour to mix traditional business values with contemporary methods. We have an unequalled presence throughout Essex and Suffolk with offices in the major hubs of Chelmsford, Colchester, Colchester Business Park and Ipswich - as well as branches in Sudbury, Woodbridge, Witham, Stanway, Kesgrave and Manningtree.

Our commercial property agents offer an unrivalled range of professional skills and local market knowledge and we aim to provide industry-leading levels of service. We represent a wide spectrum of clients, including investors and developers, landlords and tenants, property companies, pension funds, business owners and private individuals. We can provide expert advice on every aspect of buying, selling and renting Commercial property, from valuations, landlord and tenant services, property management and insolvency, to name a few.

For the second consecutive year, Fenn Wright has been announced as the Most Active Commercial Property Agent in Essex 2020 by respected national property journal, Estates Gazette. We have also been awarded overall winners of the EG's Most Active Agent 2020 for the South East region (exc. London).

Notes

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