Health Centre, Dickens Place, Chelmsford, Essex, CM1 4UU
Size
2,500
Tenure
Freehold
EPC
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Parking
8
- Primary use
- Other
No floor / site plan
Key features
- RARE INVESTMENT OPPORTUNITY
- OVER 10 YEARS REMAINING ON THE LEASE
- ATTRACTIVE YIELD
Description
Available is the freehold interest of a self-contained ex-GP surgery, currently let as a private Health Centre on a 20year Lease from 30th August 2017, with break dates every 5 years. The current rent is £39,950pa, with rent reviews on 3-year cycles from 30th August 2020 and there was a recent assignment completed in 2024. The property comprises a fully accessible ground and first floor accommodation, with multiple treatment/consultation rooms, reception area, staff rooms/kitchenette and WC's at ground floor, and open plan office accommodation with WC's above. We are not aware of any material issues with the property requiring attention. Further Leasehold details are available upon request.
Location
The property is situated in Dickens Place, Newlands Spring, approximately 2 miles to the north west of Chelmsford City Centre. Newlands Spring is a 1980's residential area, with a large catchment, and providing easy access to the rest of Chelmsford and the surrounding areas.
Accommodation
Ground: 1,890 sq ft (175.6 sq m)
First: 610 sq ft (56.7 sq m)
TOTAL: 2,500 sq ft (232.3 sq m)
Plus 8 Car Parking Spaces
Tenure Comments
The freehold interest in the property, subject to the existing Lease, is available at an asking price of £590,000, reflecting a yield of 6.5%.
Legal Costs
Each party to be responsible for their own legal costs incurred.
Viewing
Strictly via prior appointment with sole agents Elwell Taylor )
- Service charge
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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
Health Centre, Dickens Place, Chelmsford, Essex, CM1 4UU
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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