BPL Estates Ltd, Essex

Schmidt, High Street, Brentwood, Essex

Offers in region of

ÂŁ950,000

Size

5,126

Tenure

Freehold

EPC

Parking

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Primary use
High street retail
Other use(s)
Commercial development
Frontage
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No floor / site plan

Building amenities

Additional costs may apply for some services – please check the full property description for more details.

  • Transport links
  • Well connected
  • Basement

Key features

  • High Street Location
  • Fully let Freehold investment
  • Existing tenant in occupation

Description

Location
The property occupies a prominent High Street position, forming part of Brentwood’s busy town centre.Nearby occupiers include Zi66i, Waterstones, Robert Dyas, Nandos, Marks & Spencer, Gails as well as the Bay Tree Shopping Centre. Nearby Pay & Display car parking is located within a short walk along William HunterWay, running parallel with the High Street. The busy junction of the A12/M25 is within a short drive and Brentwood train station is located nearby offering services to London Liverpool Street via Stratford.

Accommodation
The property comprises a well-presented end of terrace three-storey building and is currently configured to provide commercial space on all floors. Measurements are as follows:

Ground floor: 2,339 sq. ft / 217.3 sq. m
First floor: 2,279 sq. ft / 211.7 sq. m
Second floor: 508 sq. ft / 47.22 sq. m
Total: 5,126 sq. ft /476.22 sq. m
*Basement (unmeasured)

EPC:
EPC Rating - 57C

Existing Tenancy
The property is currently let to Lirro Bespoke Interiors Limited T/A Shmidt Kitchens Ȧ a kitchen showroom (Class E) use. Let on a 15-year lease from February 2020 producing an income of £64,000 per annum exclusive with 5 yearly rent reviews. There is a tenant option to break the lease in February 2030, subject to 6months notice. There is also a Schedule of Condition ammended to the lease.

Tenure
Freehold to include the benefit of the tenancy.

Price
Offers are invited in the region of ÂŁ950,000 (Nine Hundred and Fifty Thousand Pounds). VAT is not applicable.

Legal Costs
Both parties legal costs are to be borne by the ingoing tenant.

Possession
Immediate upon completion of legal formalities.
BPL Estates Ltd, Essex

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Additional information
Service charge
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Business rates
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Use class
E
Listed building
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Floors in building
3
Energy performance certificate: C

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

Schmidt, High Street, Brentwood, Essex

NEAREST STATIONS

National Rail

Brentwood Station

0.5 miles

National Rail

Shenfield Station

1.4 miles

National Rail

Harold Wood Station

3.48 miles

About BPL Estates Ltd, Essex

BPL Estates Ltd, Essex

The commercial agency department provides a comprehensive service to commercial and industrial property owners and occupiers throughout East / Northeast London and Essex. Whether freehold or leasehold, we are active in the disposal of a wide range of property including retail premises, from lock up shops to large showrooms, Offices from small suites to corporate headquarters, light industrial, manufacturing or warehouse/distribution and land for Residential/commercial development or design and build projects.

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Disclaimer - Property reference 71HighStreetBrentwood. 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 BPL Estates Ltd, Essex. 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.