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65 Duke St 3,327 SF 100% Leased Retail Building Chelmsford CM1 1LW $1,498,941 ($450.54/SF)
INVESTMENT HIGHLIGHTS
- Prominent location
- Walking distance to Chelmsford High Street
- Opposite Chelmsford mainline railway station
EXECUTIVE SUMMARY
A freehold investment subject to the existing commercial tenancies. The ground floor is let to Spicerhaart Property Services Ltd,
holding over at a passing rent of £40,000 per annum. The first floor is let to Escape Live Chelmsford Ltd, on a lease expiring August 2027, outside of the Landlord & Tenant Act 1954, at a rent of £28,000 per annum.
holding over at a passing rent of £40,000 per annum. The first floor is let to Escape Live Chelmsford Ltd, on a lease expiring August 2027, outside of the Landlord & Tenant Act 1954, at a rent of £28,000 per annum.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Building Size
3,327 SF
Building Class
B
Year Built
1988
Price
$1,498,941
Price Per SF
$450.54
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.05
Lot Size
0.07 AC
Frontage
31’ on Duke Street
AMENITIES
- Commuter Rail
- Accent Lighting
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NEARBY MAJOR RETAILERS
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65 Duke St
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