1 Lockside Marina, Chelmsford, Essex, CM2 6HF

Description

The property is a ground floor commercial unit providing quality open plan accommodation incorporating a small kitchenette and w.c./disabled facilities. The space is carpeted throughout, benefitting from excellent natural light, electric storage heaters, and inset spot lighting.

There is one reserved parking space.

Location

Lockside Marina is a residential complex situated adjacent to the Chelmer & Blackwater Canal, which offers an attractive waterside setting and offers easy access to Chelmsford city centre.

Accommodation

Net Internal Area: 409 sq ft (38 sq m)

Tenure Comments

The property is available by way of a long leasehold interest at a guide price of £145,000.

The head lease was granted on 22nd December 2005 for a term of 125 years, with a current ground rent of £200 per annum, exclusive of all other outgoings.

The property is currently let on a 3 year lease outside of the Landlord & Tenant Act 1954, expiring 19th May 2025, at an annual rent of £7,050 per annum, exclusive of all other outgoings.

The existing occupational tenant (PWR Management Limited) has expressed an interest in taking a new lease upon expiry of the existing term.

Legal Costs

Each party to be responsible for their own legal costs.

Viewing

Strictly by prior appointment with sole agents Elwell Taylor ).

VAT

We understand the property is elected for VAT.

EPC

E - 101