47-57 New London Rd
Chelmsford CM2 0ND
Grosvenor House · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Bus route
- Multi use property
- WC facilities
EXECUTIVE SUMMARY
The freehold interest is subject to 10 effective full repairing and insuring leases by way of a service charge generating a rental income of £204,200 per annum exclusive. The second floor is currently vacant and subject to terms agreed the Vendor is prepared to provide a 1 year rent guarantee on the second floor upon sale which would increase the annual rental income to £276,793.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
16,688 SF
Building Class
B
Year Built
1986
Price
£2,650,000
Price Per SF
£158.80
Tenancy
Single
Number of Floors
5
Typical Floor Size
3,338 SF
Slab to Slab
11 ft
Building FAR
1.42
Lot Size
0.27 AC
Parking
25 Spaces (1.5 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Controlled Access
- Security System
- Kitchen
- Accent Lighting
- Storage Space
- Basement
- Central Heating
- Common Parts WC Facilities
- Demised WC facilities
- High Ceilings
- Lift Access
- Natural Light
- Open-Plan
- Partitioned Offices
- Perimeter Trunking
- Air Conditioning
