Kemsley LLP, Chelmsford

11-13 Maldon Road, Great Baddow, Chelmsford, Essex, CM2

£615,000

Size

875

Tenure

Freehold

EPC

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Parking

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Primary use
High street retail
Other use(s)
Other, Shop
Frontage
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No floor / site plan

Key features

  • Busy local parade
  • Near to Vineyards shopping area
  • Close proximity to Chelmsford city centre
  • Income producing
  • Short distance to A12
  • Attractive village location
  • Number 11 Rating C - 54
    Number 11a Rating D - 62
    Number 13 Rating C - 63
    Number 13a Rating E - 46

Description

Comprising 2x two storey terrace buildings. Number 11 comprises ground floor shop and self-contained one bedroom flat.

Number 13 includes shop premises with internal access to first floor flat and rear garage.

Location

Great Baddow is an attractive suburb of Chelmsford approximately 1 mile to the south of the city centre. The building occupies a prominent position within a busy local retail parade directly opposite the Vineyards shopping area and associated car parking. There are excellent traffic links to the A1114 leading to the A130/A12 junction.

Tenure

Freehold with the benefit of the existing leases.

Leases - Number 11 is held on an overriding lease for both the shop and flat for a period of 6 years expiring June 2031 at a rent of £14,500 pax. There are rent reviews in June 2027 and June 2029.

Number 13 has an overriding lease for a period of 10 years until September 2026 at a current rent of £13,000 per annum exclusive.


VAT

All rents, prices and premiums are exclusive of VAT under the Finance Act 1989.

Rating

The property has the following Rateable Values:
Number 11 £7,000
Number 13 £8,000

Legal Costs

Each party to bear their own legal costs incurred in this transaction.

EPC

Number 11 Rating C - 54
Number 11a Rating D - 62
Number 13 Rating C - 63
Number 13a Rating E - 46

Tenure Comments

Freehold with the benefit of the existing leases.

Leases - Number 11 is held on an overriding lease for both the shop and flat for a period of 6 years expiring June 2031 at a rent of £14,500 pax. There are rent reviews in June 2027 and June 2029.

Number 13 has an overriding lease for a period of 10 years until September 2026 at a current rent of £13,000 per annum exclusive.
Kemsley LLP, Chelmsford

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Additional information
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Business rates
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Use class
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Listed building
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Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

11-13 Maldon Road, Great Baddow, Chelmsford, Essex, CM2

NEAREST STATIONS

National Rail

Chelmsford Station

1.89 miles

National Rail

Hatfield Peverel Station

5.74 miles

National Rail

Ingatestone Station

6.17 miles

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Disclaimer - Property reference 8907445FH. 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 Kemsley LLP, 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.