75-75 High Street & 1-5 New London Road, Chelmsford, Essex, CM1

Investment Summary
* Chelmsford - Essex's leading retail city and administrative hub.
* 34-minute direct train to London Liverpool Street.
* Affluent, fast-growing catchment population.
* 100% prime High Street position between High Chelmer, Bond Street and Meadows Shopping Centres.
* Waterstones - new lease expiring January 2030, dual frontage to High Street & New London Road.
* Gail's - new 10-year lease agreed in 2024.
* 88% of income secured on 2024/25 lettings - strong reversionary potential.
* Planning consent to convert vacant office into 4 residential units.
* Net income: £385,000 p.a.
* Freehold.

Offers invited in excess of £4,700,000 (Four million, seven hundred thousand pounds),
subject to contract and exclusive of VAT, for the freehold interest. A purchase at this level would
reflect a Net Initial Yield of 8.00% on the retail income and £57.50 psf (£185,000) on the net saleable area of the vacant office space (with planning permission), after allowing for standard purchaser's costs.