214 HUTTON ROAD, SHENFIELD, BRENTWOOD, ESSEX, CM15 8NR

PRELIMINARY DETAILS FOR SALE FREEHOLD - MIXED USE INVESTMENT OPPORTUNITY

Size :

 2,579 sq.ft ( 239.60 m2  )

Location

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.

Accommodation

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 Retail1,539 sq.ft ( 142.98 m2  )
Kitchen/Stores104 sq.ft ( 9.66 m2  )
Maisonette936 sq.ft ( 86.96 m2  )

Terms

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.


Rates

Ground Floor Retail Rateable Value£46,000
First Floor Maisonette Council Tax BandingB

Legal Costs

Each party to bear their own legal costs.

VAT

Value Added Tax is not applicable to the sale price

Energy Performance Asset Rating

EPC Awaited

A+
A
0-25
B
26-50
C
51-75
D
76-100
E
101-125
F
126-150
G
Over 150

 

Viewing & Further Information

Contact sole selling agents Mass & Co:

Mark Mannering - mark.mannering@massandco.com

Mass & Co Ltd for themselves and also as Agents for the seller(s)/lessee(s) of this property give notice that:

  1. the particulars are produced in good faith, are set out as a general guide only and do not constitute any part of the contract.
  2. no person in the employment of Mass & Co Ltd has any authority to make or give representation or warranty whatever in relation to this property.
  3. applicants who make offers which are subsequently accepted by the seller(s)/lessee(s) will be subjected to personal and financial checks which satisfy Anti-Money Laundering Regulations. Such checks are conditional to the transaction.
Email Address to send to *
Name *
Email Address
Contact Number *
Enquiry

Sign up and be notified when new properties are added.

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.

This website uses cookies

This website uses cookies to improve user experience. By using our website you consent to all cookies in accordance with our Cookie Policy. Read more

Accept