Danbury - 14 Maldon Road, Chelmsford, Essex CM3 4QQ Long Leasehold Retail Investment Danbury - 14 Maldon Road, Chelmsford, Essex CM3 4QQ Long Leasehold Retail Investment
Investment Consideration: ▪ Purchase Price: £150,000 ▪ Gross Initial Yield: 6.80% ▪ Rental Income: £10,200 p.a. ▪ Held on a 199 year lease from January 1994 ▪ Comprises a ground floor retail unit t/a beauty salon ▪ Total area size of 36 sq m (388 sq ft) ▪ VAT is not applicable to this property ▪ Located within easy reach to the local amenities. ▪ Nearby occupiers include Bupa Dental Care, amongst number of local traders including Pub, Hotel, Bakery and others. Tenancies and Accommodation: Danbury - 14 Maldon Road, Chelmsford, Essex CM3 4QQ Long Leasehold Retail Investment
Property Description: The property comprises a ground floor retail shop, currently trading as a beauty salon and nail bar. It forms part of a terraced unit in a two-storey building known as 12-14 Maldon Road with the rest of this building occupied as residential and shop units, which is not included in the sale.
The property provides the following accommodation and dimensions: Ground Floor: Shop 36 sq m (388 sq ft)
Tenancy: Location: The property is at present let to an Individual for a Danbury is a village in the City of Chelmsford, in the county of Essex, England. It is located 33.5 miles term of 5 years from 12th July 2019 at a current rent northeast of Charing Cross, London and has a population of 6,500. The property is within easy car of £10,200 per annum and the lease contains full travelling distance of Chelmsford centre and station. Located within easy reach to the local amenities. repairing and insuring covenants. Break clause in Nearby occupiers include Bupa Dental Care, amongst number of local traders including Pub, Hotel, April 2020 NOT exercised. Bakery and others. Danbury - 14 Maldon Road, Chelmsford, Essex CM3 4QQ Long Leasehold Retail Investment
Contacts:
To view copies of the leases, information on the title, other information, please contact Joseph Bachman or Prash Jaitley.
Joseph Bachman – COO Prash Jaitley – Managing Partner M: +44(0)77236 19270 M: +44(0)79618 53166 E: [email protected] E: [email protected]
Address:
Blue Alpine Partners Limited Trading Address: 83c Ashley Gardens, Thirleby Road, London, SW1P 1HG Registered Address: Suite 115, Devonshire House, Manor Way, Borehamwood, Hertfordshire, WD6 1QQ
Disclaimer: Blue Alpine Partners prepares sales and letting particulars diligently and all reasonable steps are taken to ensure that they are correct. Neither a seller nor a landlord nor Blue Alpine Partners will, however, be under any liability to any purchaser or tenant or prospective purchaser or tenant in respect of them. If a property is unoccupied, Blue Alpine Partners may not have all the information required by a prospective purchaser or tenant in its possession, may not be able to obtain it and may not be able to verify all the information which it does hold. Prospective purchasers should make their own investigations before finalising any agreement to purchase or lease.