Skip to content

Bank Street, Braintree, Essex, CM7


Business rates & charges may apply

Joscelyne Chase Commercial, Essex

Ask agent


Shop for sale


Fully let retail unit for sale freehold in the centre of Braintree Town. The property is generating a total £33,500 per annum with a gross initial yield of 7.6%.

Fully let retail unit for sale freehold in the centre of Braintree Town.

Bank Street is located in Braintree town centre, and is a short walk to the High Street which is pedestrianised. The property is located directly opposite Sandtander and next to the Nationwide Building Society. Braintree is an historic market town in the county of Essex, situated approximately 10 miles from Chelmsford and 15 miles from Colchester. It has excellent transport links, served by the A120, A12 and A131, the former of which links to Stansted Airport and London via the M11.

One of Braintree’s two train stations is located 0.4 miles from the property and provides a regular train service to London Liverpool Street which takes approximately one hour.

The property was built in 1960's consisting of three floors and is of concrete frame construction with curtain walling and flat roofs. The property is currently fully let. There is rear vehicular and pedestrian access from a jointly used yard off Swan Side.

The property is generating a total £33,500 per annum with a gross initial yield of 7.6%.

Both leases are outside the security of tenure provisions of the Landlord and Tenant Act. The Leases are held on internal repairing and insuring terms. Copies of the Leases are available upon request.

The subject property has a ground floor entrance from Bank Street to the upper concrete floors subject to planning the first and second floor has the potential to be converted into residential apartments.

The approximate net internal areas are as follows:
Ground Floor - 1335 sq.ft.
First Floor - 791 sq.ft
Second Floor - 551 sq.ft
Total 2,677 sq.ft

The freehold of the whole building is available with the asking price £440,000 subject to the existing leases.

We understand the property is connected to mains water, drainage and electricity. Please note Joscelyne chase has not tested any of these services.

The tenants are responsible for paying their own business rates. Applicants are recommended to confirm the above information direct with Braintree District Council, tel. no. .

Each party is responsible for their own legal costs.

Please contact our office if you would like a copy of the full report.

Bank Street, Braintree, Essex, CM7


Distances are straight line measurements from the centre of the postcode
  • Braintree Station0.4 miles
  • Braintree Freeport Station1.1 miles
  • Cressing Station2.2 miles

About Joscelyne Chase Commercial, Essex

18-20 Bank Street, Braintree, CM7 1UP

Joscelyne Chase Commercial, Essex

Joscelyne Chase, providing estate agent services to clients across Essex and Suffolk with origins dating back to 1777 whilst remaining privately owned. We are the only commercial agent based in Braintree and have the knowledge dating back centuries to assist you with your property needs.

More properties from Joscelyne Chase Commercial, Essex


These notes are private, only you can see them.

Disclaimer - Property reference JCH230239. The information displayed about this property comprises a property advertisement. makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Joscelyne Chase Commercial, Essex. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.

Your search history

You have no recent searches.