Gloucester Avenue, Chelmsford, Essex, CM2

Moulsham Lodge shopping precinct is located within Moulsham, a residential suburb of
Chelmsford. Close to A414 for links to the A12 linking Chelmsford to London and Southend. Chelmsford rail station is approx., 2 miles away with regular services to London Liverpool Street. Bus Services to Chelmsford city centre are from bus stops on Gloucester Avenue.

Moulsham Lodge is a busy shopping precinct within a residential area comprising 18 shops which include national retailers such as Co-Op, Subway, Day Lewis, Greggs and Coral together with smaller independent businesses. The shop is located on the busier side of the parade being next to the Co-Op supermarket.

132 Gloucester Avenue
This retail unit consists of a main trading area at the front. To the rear of the unit there is a w/c and kitchenette which leads onto a double garage which has large doors for access to the rear yard. Rear access is provided via the service road off Lucas Avenue. A large communal car park to the front of the unit is accessed from Gloucester Avenue for customer parking. The property was previously trading as a charity shop.

The premises benefits from a concrete floor with vinyl floor covering, suspended ceiling with lighting, multiple electrical sockets throughout. The kitchenette includes a sink and various wall and base units together with an electric water heater providing hot water.

132a Gloucester Avenue
The self contained maisonette is located on the 1st and 2nd floors and is accessed via a communal walkway. The property comprises large living room, and separate kitchen with stairs up to three bedrooms and a bathroom. There is a gas combination boiler providing heating and hot water. The lease will allow for the maisonette to be sublet on an assured shorthold tenancy agreement.

Accommodation
(all sizes approximate)

Retail Area
5.5m (18.03ft) x 10.9m (36.04ft)

Kitchenette
5.5m (18.03ft2) x 2.35m (7.71ft)

Storage
2.04m (6.71ft) x 3.56m (11.68ft)

Rear Store
4.8m (15.58ft) x 6m (19.55ft)

W/C
With sink and toilet
1.94m (6.46ft) x 2.0m (6.5ft)

Net Internal Area
(Not including toilets)
108.93m2 (1172.631ft2)

Rear Yard
5.5m (18.03ft) x 4.13m (13.55ft)
Area: 22.71m2 (244.5ft2)

Maisonette on 1st & 2nd floors
Kitchen, Living room, 3x bedrooms & bathroom.

Terms
The unit is available to rent under a Full Repairing and Insuring Lease for a period to be agreed at an initial rental of £25,000 per annum exclusive.

Deposit
A deposit of three to six months rent will be required to be held for the duration of the lease by the landlord subject to the receipt of satisfactory references.

References
The incoming tenant will be required to provide satisfactory references from their accountant, solicitor and current/previous commercial landlord. Photographic identification and proof of address is also required.

Planning
The property falls within Chelmsford City Council and can be used for purposes under the Use Class Order E. All tenants are to satisfy themselves with regard to the Use Class Order. The maisonette is to be used as a residential dwelling only.

Business Rates
The rates payable for the year 2022/2023 are estimated to be £6,237.50. Rateable Value will be £12,500. All applicants are advised to discuss any business rates queries with the Chelmsford City Council.

Council Tax
The property falls within Chelmsford City Council and is in council tax band B. For the period 2022/2023 the council tax payable would be £1,487.71.

Service Charge
£864.16 per annum, payable quarterly in advance subject to annual review.

VAT
N/A.

EPC
TBC