Mayflower House, 128A High Street, Billericay, Essex, CM12
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- Primary use
- Traditional office
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Key features
- Rental Income: £142,850
- Gross Initial Yield: 7.14%
- Comprises two-storey detached purpose build office building
- Development benefits from 23 associated car parking spaces
- Prior approval (now lapsed) was granted in March 2022 for a change of use from offices (Class E) to 14 x Residential Apartments (Class C3)
- Additional planning approved in November 2022 for development of the roof space to create new office accommodation incorporating the insertion of dormer windows and rooflights
Description
Gross Initial Yield: 7.14%
Rental Income: £142,850
VAT is applicable to this property
Comprises two-storey detached purpose build office building
Prior approval (now lapsed) was granted in March 2022 for a change of use from offices (Class E) to 14 x Residential Apartments (Class C3)
Development benefits from 23 associated car parking spaces
Additional planning approved in November 2022 for development of the roof space to create new office accommodation incorporating the insertion of dormer windows and rooflights
Situated opposite Waitrose Superstore with occupiers nearby including Greggs, Poundland, Iceland Foods, KFC and more.
Property Description:
Mayflower House comprises a detached two-storey purpose-built office building which is set back from the High Street and accessed by a pedestrianised shopping parade ‘The Walk’ from the High Street or via Chapel Street, providing the following accommodation and dimensions
Ground Floor: Mixture of large and small office units, kitchen, communal lounge, wc
First Floor: Mixture of large and small office units, kitchen, communal lounge, wc
Total GIA: 800 sq m (8,611 sq ft)
Tenancy:
The property is let to multiple tenants on various short-term leases expiring 2026/2027. Additional lease and income information available upon request.
Development Opportunity:
21/01203/PACU - Prior approval (now lapsed) was granted in March 2022 for a change of use from offices (Class E) to 14 x Residential Apartments (Class C3), providing the following accommodation and dimensions:
Approved Ground Floor: 316.5 sq m (3,406 sq ft)
4 x Studio and 1 x 2-Bed Apartments
Approved First Floor: 429.8 sq m (4,626 sq ft)
4 x Studio, 4 x 1-Bed and 1 x 2-Bed Apartments
22/01308/FULL – Planning approved in November 2022 for development of the roof space over Mayflower House only to create new office accommodation incorporating the insertion of dormer windows and rooflights, providing the following accommodation and dimensions
Approved Second Floor: 251 sq m (2,701 sq ft)
7 Office Rooms suitable for 4-8 people, reception, wc`s
Location:
Billericay is situated in the South East Essex Area approximately 35 miles east of central London and 10 miles distant of the M25 and national motorway network accessed via the A127 Arterial Road which provides direct links to the A12. Billericay has a main line railway station providing services to the City. The property is located in the heart of Billericay and forms part of the popular 'The Walk' shopping parade, situated at the south end of Billericay High Street. The Walk provides a number of local retailers benefiting from good footfall due to its role as a thoroughfare to the Waitrose car park. Occupiers nearby including Waitrose, Greggs, Poundland, Iceland Foods, KFC and many more
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Brochure
Mayflower House, 128A High Street, Billericay, Essex, CM12
About BLUE ALPINE PARTNERS LIMITED, London
Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.
Blue Alpine plans and delivers solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. By employing a transparent and consultative approach, we can assess and manage your current portfolio to devise a forward-looking investment plan and, if necessary, an exit strategy.
We are dedicated to disrupting the commercial property industry by delivering exceptional solutions that prioritise honesty, transparency, integrity, and providing an unparalleled client experience. Our team consists of knowledgeable professionals with a strong background in commercial property, enabling us to help clients around the world turn property into a path for growth.
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