Get brand editions for Royal Estates, Birmingham

6 bedroom retail property (high street) for sale

13-17 Bank Street, Essex, CM7

Guide Price £1,250,000

Property Description

Key features

  • Retail Area
  • Busy High Street Location
  • FREEHOLD
  • Planning Permission Granted
  • Development Opportunity

Full description

Tenure: Freehold

Rare opportunity to acquire a Freehold commercial premises on a prominent high street with planning permission to the upper parts for x6 Apartments.

LOCATION
The property is situated in a prominent position on Bank Street, where all the major high street clearing banks have branches. The George Yard shopping centre, anchored by Boots and Adams, is approximately 25 metres from the subject property, and is on the same side of the road. Bank Street is pedestrianised at this point, although not outside the subject property. Bank Street joins the High Street, also partly pedestrianised, to the south of George Yard. The junction of the High Street and Bank Street is considered to be the best retail location in the town centre. The subject property is considered to be on the better, western side of Bank Street where the pedestrian flow is markedly better than that on the eastern side.


DESCRIPTION
The accommodation is arranged as retail space on the ground and first floors, with storage on the first and second floors. There is also a staff room in the second floor. The shared yard to the rear of the property provides goods unloading access


Gross Frontage: 41'1'', Internal Width:39'2'',Shop Depth: 87'8'',

Ground Floor: Sales 3,006 Sq. Ft.,

First Floor : Sales 2,360 Sq. Ft.,

First Floor: Storage 750 Sq. Ft.,

Second Floor: Staff / Storage 775 Sq. Ft.,

Basement 985 sq ft


Total Approximate Floor Area: 7876 sq ft.

The property occupies a relatively prominent corner site of approximately 0.03 ha (0.08 acre)

The property also benefits from having planning permission for 6 apartments for the upper parts.
4x 1 Bedroom Apartments
2x 2 Bedroom Apartments

Braintree District Council - Application No: 18/00601/FUL


RATES
The rateable value is £74000 with rates payable of £35370 pa


TENURE
The agents are advised that the property is freehold but they have not checked the legal documents to verify this. The buyer should obtain confirmation from their solicitor or surveyor.

SERVICES AND APPLIANCES
The agents have not tested any apparatus, equipment, fixtures, fittings or services and cannot verify they are in working order or fit for the purpose. The buyer should obtain confirmation from the solicitor or surveyor

VIEWING
By arrangement with Royal Estates

FIXTURES AND FITTINGS
Excluded from the sale unless referred to herein

MONEY LAUNDERING REGULATIONS
Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

THE PROPERTY MISDESCRIPTIONS ACT 1991
The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are NOT included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a propertyerification from their Solicitor. Items shown in photographs are NOT included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property


Nearest stations

  • Braintree (0.4 mi)
  • Braintree Freeport (1.1 mi)
  • Cressing (2.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Royal Estates, Birmingham

464 Bearwood Road, Birmingham, B66 4HA

0121 396 1001 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Royal Estates, Birmingham

464 Bearwood Road, Birmingham, B66 4HA

0121 396 1001 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Braintree (0.4 mi)
  • Braintree Freeport (1.1 mi)
  • Cressing (2.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Royal Estates, Birmingham

464 Bearwood Road, Birmingham, B66 4HA

0121 396 1001 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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