1. Realla
  2. Shops, retail for sale
  3. Chelmsford

Co-Op, New Street, Chelmsford, Essex – Chelmsford

sold

Shop, retail unit for sale

£1,100,000 3,900 sq ft

Fenn Wright
Status
Sold
Full address
New Street, Chelmsford, Essex CM1 1PP – Chelmsford
Property type
Shop, retail unit for sale
Asking price
£1,100,000
Features
Restaurant, Storage, Telephone system, Train transport
Size
3,900 sq ft
Tenure
Long leasehold
NIY (%)
6
Brochure
Download the brochure

Attractive Convenience Store Investment Let to The Co-Operative Group Food Limited - Net Initial Yield of 6% (allowing for purchaser's costs at 6.2%) - Annual Rental Income £70,000 - 5 Yearly Rent Review on the Basis of CPI Linked Compound Cap of 3% and Collar of 1% - The Co-Operative Group Food Limited Last Filed Accounts in January 2016 Reflected a Total Net Worth in Excess of £1.3 Billion.
- The Property Forms Part of The New Marconi Evolution Scheme and Forms an Area of High Population Density.
- The scheme Creates a Link Between Chelmsford Train Station and The New Street/Anglia Ruskin University Area.
- Tenure - A 125 Year Long Leasehold Interest With a Ground Rent of a peppercorn on annual demand.
- Attractive Convenience Store Investment Let to The Co-Operative Group Food Limited - Net Initial Yield of 6% (allowing for purchaser's costs at 6.2%) - Annual Rental Income £70,000 - 5 Yearly Rent Review on the Basis of CPI Linked Compound Cap of 3% and Collar of 1% - The Co-Operative Group Food Limited Last Filed Accounts in January 2016 Reflected a Total Net Worth in Excess of £1.3 Billion.
- The Property Forms Part of The New Marconi Evolution Scheme and Forms an Area of High Population Density.
- The scheme Creates a Link Between Chelmsford Train Station and The New Street/Anglia Ruskin University Area.
- Tenure - A 125 Year Long Leasehold Interest With a Ground Rent of a peppercorn on annual demand.
- Attractive Convenience Store Investment Let to The Co-Operative Group Food Limited - Net Initial Yield of 6% (allowing for purchaser's costs at 6.2%) - Annual Rental Income £70,000 - 5 Yearly Rent Review on the Basis of CPI Linked Compound Cap of 3% and Collar of 1% - The Co-Operative Group Food Limited Last Filed Accounts in January 2016 Reflected a Total Net Worth in Excess of £1.3 Billion.
- The Property Forms Part of The New Marconi Evolution Scheme and Forms an Area of High Population Density.
- The scheme Creates a Link Between Chelmsford Train Station and The New Street/Anglia Ruskin University Area.
- Tenure - A 125 Year Long Leasehold Interest With a Ground Rent of a peppercorn on annual demand.

This shop, retail unit for sale is located in Chelmsford.

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Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to Fenn Wright. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Fenn Wright for full details and further information.