SHOP/OFFICE IN PRIME LOCATION IN BRAINTREE

SHOP/OFFICE IN PRIME LOCATION IN BRAINTREE

  • Located in prominent location at entrance to George Yard, the town’s prime shopping area.
  • Net Retail Area 253 sq. ft. (23.5 sq. m) plus first floor storage/ancillary of 173 sq. ft. (16.1 sq. m).
  • Rent £12,500 p.a.x.

LEASE FOR ASSIGNMENT 

Property Location

Shop 14,
34, George Yard,
Braintree CM7 1RB
Property Specification
Location

The premises are located at the eastern entrance to George Yard, the prime shopping area in Braintree town centre. Access is from Bank Street, just off High Street, and occupiers in the centre include Superdrug, W H Smith, Boots, Dorothy Perkins and Card Factory.

The town is an established shopping destination, also having the popular Freeport Outlet Shopping Village to the south-east of the town, just off the A120. London (Stansted) Airport lies some 20 miles to the west, located on the M11.

Description

The property comprises a Grade 11 listed two-storey property of rendered elevations under a pitched tiled roof. A short flight of steps leads down to the main retail/office area, with two display windows fronting onto the mall. A further flight of steps leads to a galleried first floor area, with back up office/storage/ancillary accommodation, a small kitchen and a WC. The accommodation is carpeted and benefits from electric convector heating.

Accommodation

Ground Floor        Main Retail/Office                      253 sq. ft.

First Floor             Office/storage/staff                    173 sq. ft.

Kitchen                                            25 sq. ft.

WC

TOTAL NET FLOOR AREA 451 SQ. FT. (41.9 SQ. M)


Tenure


The property is held on a 10 year lease expiring in September 2026. the lease is drawn under full repairing and insuring terms and there is a service charge in respect of the common areas in George Yard. The passing rent is £12,500 per annum, exclusive of VAT, rates and all outgoings and there is a rent review due in September 2021. The lease is offered for assignment at nil premium.


Energy Performance Certificate

The previous EPC showed a rating of F-140, however that has just expired and a new EPC is being drawn up.

Rateable Value

The property appears in the 2017 Rating List as Shop and Premises, with a rateable value of £10,500.

Viewing

To arrange a viewing or for any further information, please contact the sole agents, Jon Ablewhite (jon@mrallp.co.uk) of Morley Riches & Ablewhite on (01206) 505707.
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Get In Touch

Get in touch

Email enquiries@mrallp.co.uk
Telephone 01206 505707

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