Retail premises for sale

Location:<br/>The property benefits from a prominent frontage on the southern side of Rainsford Road, a short distance from Chelmsford City Centre which has a population of circa 112,000. The surrounding area is predominantly residential in nature and the A12 (J17) is approx. 4 miles to the south-east, and Chelmsford mainline station is approx. 1 mile away<br/><br/>description:
A detached car showroom with workshop, forecourt sales and extensive rear yard. The existing operator is due to vacate the property in July 2023 and, as well as a continuation of the established motor trade activities, the site may be suitable for alternative uses/redevelopment (STP).

The property benefits from a prominent frontage on the southern side of Rainsford Road, a short distance from Chelmsford City Centre which has a population of circa 112,000. The surrounding area is predominantly residential in nature and the A12 (J17) is approx. 4 miles to the south-east, and Chelmsford mainline station is approx. 1 mile away.

Accommodation

The built accommodation has been measured on a Gross Internal (gia) basis and the following approx. Floor areas have been calculated:

Showroom 4,575 sq ft (425 sq ms)
Workshop 3,283 sq ft (305 sq ms)
Sales Forecourt 3,842 sq ft (357 sq ms)
Rear Yard 8,611 sq ft (800 sq ms)
Canopy 1,722sq ft (160 sq ms)

Business Rates

The property appears on the 2023 Rating List as Car Showroom with an adopted ratable value of £96,500

Terms

The property is available for freehold purchase, with the benefit of full vacant possession.

We are instructed to seek unconditional offers in the region of £2,600,000 for the freehold interest

VAT

We are advised that the property is elected for VAT

Energy Performance Certificate

The property has an expired EPC Rating of d-96, which is in the process of being updated.

Viewing Arrangements

Strictly via prior appointment with the sole selling agents, Dedman Gray Commercial.

For further information or to arrange a viewing contact:

Roy Horton T: E:

Mike Gray T: E: