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135-137 New London Rd 4,375 SF 100% Leased Office Building Chelmsford CM2 0QT $1,474,827 ($337.10/SF)
Investment Highlights
- Located in the heart of Chelmsford's business district
- Walking distance to mainline railway station
- Easy walking distance of Chelmsford High Street
Executive Summary
The Freehold interest in the property is available at a guide price of £1,100,000. The two upper floors of the property are let on the basis of full repairing and insuring leases, by way of a service charge, expiring in September 2028, at a combined passing rent of £45,951 per annum exclusive subject to break clauses in September 2025. Further Lease details are available upon request. Currently the ground floor is available for rent at £25,000pa
Property Facts Sale Pending
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
4,375 SF
Building Class
B
Year Built
1980
Price
$1,474,827
Price Per SF
$337.10
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
911 SF
Slab To Slab
11’
Building FAR
2.19
Lot Size
0.05 AC
Parking
5 Spaces (1.37 Spaces per 1,000 SF Leased)
Amenities
- Security System
- Storage Space
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135-137 New London Rd
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