8 Baddow Road, Chelmsford, Essex, CM2 0DG
Size
3,647
Tenure
Freehold
EPC
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Parking
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- Primary use
- Other
- Other use(s)
- High street retail
Key features
- ATTRACTIVE YIELD
- CITY CENTRE LOCATION
- FUTURE DEVELOPMENT OPPORTUNITY
- LONG LEASE
Description
The property comprises an attractive, character 3 storey commercial unit on Baddow Road currently let as a Tapas restaurant on a 10 year Lease from December 2024. Across the first five years of the term, the average rent is £73,800, with a year five rent at £75,000, before a rent review. Further lease details are available upon request. At ground floor level there is plentiful seating, accessible WC's and kitchen areas, as well as access to courtyard seating. At upper floor levels are customer WC's, and ancillary storage accommodation.
Location
The property is located prominently on Baddow Road, close to the Moulsham Street/High Street junction, very close to Chelmsford City Centre. It is located amongst plentiful other retail/food and beverage operators including Amalfi Bistro, Moto Pizza, Pinchos, and the Seven Elephants.
Accommodation
Ground Floor: 2,786 sq ft (258.83 sq m)
1st Floor: 576 sq ft (53.51 sq m)
2nd Floor: 285 sq ft (26.48 sq m)
Total: 3,647 sq ft (338.82 sq m)
Plus Courtyard
Tenure Comments
The freehold interest in the property, subject to the existing Lease, is available at a guide price of £850,000, reflecting a yield of 8.8%.
Legal Costs
Each party to be responsible for their own legal costs incurred.
Viewing
Strictly via prior appointment with sole agents Elwell Taylor )
VAT
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EPC
EPC details available upon request
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- Business rates
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- Use class
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- Listed building
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Brochure
8 Baddow Road, Chelmsford, Essex, CM2 0DG
About Elwell Taylor Commercial, Chelmsford
The Property Professionals * Award Winning Independent Estate Agent established in 2002 * Commercial Sales & Lettings, Building Surveying & Commercial Property Consultancy * Prominent City Centre Office with Parking * Traditional service regulated by the RICS * Most of our business comes through recommendations and our hard earned reputation * Experienced & enthusiastic staff with good local knowledge.’
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Disclaimer - Property reference 155FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk 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 Elwell Taylor Commercial, Chelmsford. 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.