The unit is arranged on ground floor with easily accessible first floor remote storage.
Location
Chelmsford is the principal commercial centre in Essex and has a loyal and affluent catchment which is rapidly growing due to the pace of new homes being built in the area. Bond Street is the premium shopping and leisure destination in the City and is home to the only John Lewis in Essex and has also recently welcomed the first bricks and mortar store for Sosander.
The subject property is a fully fitted F&B unit opposite the main entrance to the centre car park (288 spaces) and in close proximity to the entrance to John Lewis, Jamaica Blue, Goldsmiths, Boom Battle Bar and the entrance to Wagamama, Everyman and Las Iguanas. Other occupiers in the scheme include Mowgli, Rituals, The White Company and Fat Face.
Accommodation
The approximate areas and dimensions are as follows:
Ground Floor - 760 sq ft (70.61 sq m)
First Floor - 133 sq ft (12.36 sq m)
Terms
Lease - The property is available by way a new effectively full repairing and insuring lease for a term to be agreed, subject to an upward only rent review at the fifth anniversary of term commencement.
Rental - £50,000 per annum exclusive of service charge, insurance, business rates, utilities and VAT.
Business Rates - We are electronically advised by the VOA that the property is assessed as follows:
Rateable Value £39,500
Rateable Value Rates Payable (2024) £TBA
Service Charge & Buildings Insurance - Service Charge payable for the year 2024 is approximately £3,145 per annum plus VAT and excluding Insurance.
Energy Performance Certificate - A copy of the EPC Certificate us available upon request.
Costs - All figures quoted are exclusive of VAT where applicable.