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Mixed Use Freehold Investment, The Signal Yard, Railway Street, Chelmsford, CM1 1QS
not specified / Retail / Investment
Withdrawn - Last updated: 18 June 2023
A full let newly built mixed-use property with 3 retail units all let on Fri leases and 14 flats sold off on 125-year leases from 2021 providing yearly ground rents.
Location
Railway Street is situated a few hundred yards from both Chelmsford British Rail Station and the Bus Station. Chelmsford city Centre is approx. 5 minutes’ walk.
Accommodation
3 x Retail Units
14 x Ground Rents
Terms
METHOD OF SALE - The property is for sale by private treaty.
TENURE - The site is being sold freehold with existing tenancies.
PRICE - Offers are sought in the region of £650,000 + VAT (can be bought by way of a TOGC)
Income (please see attached brochure for tenancy schedule)
3 x Retail Units - £45,000 pax
14 x Ground Rents - £2,000 pa
Total Income - £47,000 pax
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