Braintree

A mixed-use, mid-terrace freehold property comprising ground floor retail accommodation with office space above, suitable for a variety of owner-occupier or commercial investment purposes.

The property occupies a prominent position on Coggeshall Road, Braintree, within close proximity to Bank Street and directly opposite the White Hart Hotel. The location benefits from a strong town centre setting, with neighbouring occupiers including Lloyds Bank, Barclays Bank, and Sainsbury's.

Public parking is available nearby at both Sainsbury's and the White Hart Hotel, providing convenient access for customers and visitors.

Offered with an asking price of £340,000, the property presents an excellent opportunity to acquire a well-located freehold premises in the heart of Braintree town centre.

Location

Braintree is an established historic market town in Essex, situated approximately 10 miles north of Chelmsford and 15 miles west of Colchester. The town benefits from excellent road communications via the A120, A12 and A131, with the A120 providing direct access to Stansted Airport and the M11 motorway. Braintree is served by two railway stations, with Braintree Railway Station located approximately 0.4 miles from the property, providing regular services to London Liverpool Street.

The property occupies a prominent town centre position on Coggeshall Road, directly opposite the White Hart Hotel and within close proximity to Bank Street. Nearby occupiers include Lloyds Bank, Barclays Bank and Sainsbury's. Public parking is available nearby at both Sainsbury's and the White Hart.

Description

A mixed-use mid-terrace freehold property arranged over ground, first and second floors.

The ground floor comprises a self-contained retail unit with independent frontage and access from Coggeshall Road, together with a separate ancillary room accessed via a gated rear alleyway. The accommodation is currently occupied as a barbers and has historically been used for hair and beauty-related purposes for in excess of 40 years. The adjoining Thai restaurant benefits from a right of way over the rear alleyway.

The first floor is arranged as three treatment rooms and is currently let and occupied for beauty treatment purposes. The second floor comprises office accommodation and is also currently let. Shared kitchen and WC facilities serve the first and second floors.

In addition, the property benefits from an integrated storage cupboard at second-floor level together with a further storage area within the roof eaves, accessed independently.

The property offers a rare opportunity to acquire a well-located town centre freehold with a combination of owner-occupier and income-producing accommodation.

Accommodation Schedule (NIA)
AccommodationSq FtGround Floor Retail740
First Floor308
Second Floor160
Storage150
Total1,358
Planning

The property benefits from an established Class E use (formerly Class A1/A2).

A planning application for Class D1 (Non-Residential Institution) use is currently pending. Interested parties are advised to make their own enquiries with:

Braintree District Council
Tel:

Business Rates

The property is entered in the Valuation Office Agency Rating List. Interested parties are advised to make their own enquiries regarding the current rateable value and any reliefs that may be available.

Services

We understand that the property is connected to mains electricity, water and drainage. These services have not been tested and prospective purchasers are advised to satisfy themselves as to their condition and capacity.

Anti-Money Laundering

In accordance with Anti-Money Laundering Regulations, the successful purchaser will be required to provide satisfactory proof of identity, address and source of funds prior to solicitors being instructed.

Price

£340,000 Freehold

Viewing

Strictly by prior appointment through the sole selling agents.

Viewing
Strictly by appointment.