105 HIGH STREET, BRENTWOOD, ESSEX, CM14 4RR

FOR SALE FREEHOLD - MIXED COMMERCIAL INVESTMENT OPPORTUNITY

Location

The property is situated on the north side of Brentwood High Street opposite the Slug & Lettuce P.H. and close to Nando's. To the rear of the property is William Hunter Way where there is plenty of pay & display parking. Brentwood's retail offer is a mix of national retailers as well as many national and independent eateries and coffee shops as well as an array of hair & beauty salons, estate agents and dentists. Brentwood rail station is approximately 10 minutes walk away and the M25 and A12 approximately 5 minutes drive away.

Accommodation

A three storey commercial building , the ground floor of which comprises a retail unit together with basement which has undergone extensive refurbishment following the fit-out by the new tenant. The first and 2nd floors are configured into a range of small serviced offices offices.

Ground Floor (GIA)1,488 sq.ft ( 138.24 m2  )
Basement (GIA)1,000 sq.ft ( 92.90 m2  )
First Floor (NIA)822 sq.ft ( 76.37 m2  )
2nd Floor (NIA)927 sq.ft ( 86.12 m2  )
Total4,237 sq.ft ( 393.63 m2  )

Terms

The ground floor is occupied by Smile Headquarters Limited on a new 15 year FRI lease wef 31.10.2022 at a rent of £48,000 per annum exclusive. The lease is subject to 5 year reviews and subject to a tenant break on 31.10.2027.The first floor is let to a range of occupiers on short term licences generating a gross annual income inclusive of running costs of £33,000. The income net of costs is £23,198 pa. The total net income for the building is £71,198 pax

Price

Upon application

Planning & Use

The property currently falls into Class E


Legal Costs

Each party to bear thier own legal costs

VAT

The Property is elected for VAT and therefore VAT will be charged upon 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 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.
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