137/137A HIGH STREET, BRENTWOOD, ESSEX, CM14 4RZ

FOR SALE - FREEHOLD RETAIL/OFFICE INVESTMENT WITH DEVELOPMENT OPPORTUNITY

Size :

 2,454 sq.ft ( 227.98 m2  )

Location

The premises are located at the Western end of Brentwood High Street, at its junction with Weald Road. Brentwood High Street boasts many of the UK's leading retailers including M&S, WH Smith, Nandos, Tescos, Pret a Manger and Waterstones as well as some of the major banks such as Santander and Barclays.

Brentwood Railway Station is within close proximity (0.4miles) and can be reached by walk within 10 minutes. The station serves Brentwood with direct access to Liverpool Street. The A12 and M25 (J28) are approximately 5 minute's drive away. Off-street car parking can be found on William Hunter Way and Chatham Way, operable by Pay and Display.

Accommodation

The premises form ground, first and second floor office accommodation plus a ground floor retail unit. Approximate areas are as follows:

Ground Floor Office & Retail1,033 sq.ft ( 95.97 m2  )
First Floor Office1,033 sq.ft ( 95.97 m2  )
Second Floor Office388 sq.ft ( 36.05 m2  )
Total2,454 sq.ft ( 227.98 m2  )

Terms

The entire property is at present let to Clacton Dental Care Ltd* for a term of 15 years from 1st September 2018 at a current rent of £50,000 per annum and the lease contains full repairing and insuring covenants. Rent review in 2023 and 2028. Tenant option to determine in 2023 with minimum 6 months notice.

Price

Offers in the region of £1,000,000

Planning

Planning has been approved (19/01131/PNCOU) for the proposed change of for the conversion of the first and second floor offices to 2 x 1-Bed and 1 x 2-Bed Flats.


Rates

Business ratesProspective purchaser are advised to check their business rates obligations with Brentwood Borough Council

Legal Costs

Each party to bear their own legal costs

VAT

All rents and prices stated are subject to Value Added Tax.

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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