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The Signal Yard 55-60 Railway St 1,622 SF 100% Leased Retail Building Chelmsford CM1 1QS $1,223,007 CAD ($754.01 CAD/SF) 7.40% Cap Rate
Investment Highlights
- Convenient road access via Parkway and Victoria Road
- Strong commercial visibility, with excellent access to local amenities
- Short walk to Chelmsford station, providing frequent rail services to London Liverpool Street
Executive Summary
A fully let, newly built mixed-use property comprising 3 retail units let on FRI leases and 14 flats sold off on 125-year leases from 2021, providing secure yearly ground rents. Unit 3's rent steps up from September 2026. Full tenancy schedule overleaf.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,622 SF
Building Class
B
Year Built
2021
Price
$1,223,007 CAD
Price Per SF
$754.01 CAD
Cap Rate
7.40%
NOI
$90,502 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
0.23
Lot Size
0.16 AC
Parking
12 Spaces (7.04 Spaces per 1,000 SF Leased)
Frontage
88’ on Railway Street
1 1
Nearby Major Retailers
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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The Signal Yard | 55-60 Railway St
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