2,579 sq.ft ( 239.60 m2 )
Shenfield is an affluent suburb of Brentwood lying between Brentwood town and Billericay.
The Property lies on the north side of Hutton Road forming the prime retailing area of Shenfield which comprises a mixture of national & local retailers, bars and cafes.
Shenfield rail station is opposite which is on the Great Eastern Main Line serving London's Liverpool Street and the East of England, also forming part of Crossrail.
The property comprises a ground floor retail unit and a maisonette situated over first and second floors. The property has the following floor areas measured on a net internal basis:
|Ground Floor Retail||1,539 sq.ft ( 142.98 m2 )|
|Kitchen/Stores||104 sq.ft ( 9.66 m2 )|
|Maisonette||936 sq.ft ( 86.96 m2 )|
The property is currently let as a whole to McColls (now in administration) formerly Dillons Stores Limited. The tenant is holding over and a new lease is agreed subject to the agreement of the administrators, which is based on a 15 year term subject to 3 yearly rent reviews at an annual rental of £48,500 per annum.
Despite the current lease excluding sub-letting of part, the residential upper part has been let on an AST, and we understand the current rent to be £725.00 per month.
The property is to be offered freehold. Price upon application.
|Ground Floor Retail Rateable Value||£46,000|
|First Floor Maisonette Council Tax Banding||B|
Each party to bear their own legal costs.
Value Added Tax is not applicable to the sale price
Contact sole selling agents Mass & Co:
Mark Mannering - firstname.lastname@example.org
Mass & Co Ltd for themselves and also as Agents for the seller(s)/lessee(s) of this property give notice that:
The Royal Institution of Chartered Surveyors was founded in 1868 and is now responsible for around 120,000 members worldwide. Its members are subject to regulation and periodic review as well as operating to strict Rules of Conduct.