Property Information
Address:
The Waterfront, Wharf Road, Chelmsford, Essex
, CM2 6YQ
, Essex
, United Kingdom
Price: Property no longer available.
Size: 8028 sq ft746 sqm
Primary Category: Investment
All Categories:
Investment,
Property Ref/Movehut: MH544178
Property Ref/Agent: 8903347
*Please use the agent ref when calling the agent directly.
Property description
The opportunity comprises a ground floor restaurant premises forming part of a new residential development overlooking the River Chelmer.
The premises has two reserved car parking spaces.
A new 25 year lease has been granted to The Wharf Chelmsford Limited (Company No. 10991487) from November 2017 at an annual rent of £140,000 exclusive, subject to five yearly reviews, being subject to a cap of 4% and collar of 1% of RPI.
A three month rent deposit will be held from November 2018.
The lease is subject to an initial 17 month rent free period.
An EPC has been commissioned.
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