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87 High St 2,491 SF Retail Building Chelmsford CM1 1DX $1,703,324 CAD ($683.79 CAD/SF)
Investment Highlights
- Located in a prime High Street position with strong surrounding retail mix
- Excellent commuter links to London with Chelmsford Station nearby
- Offers dual frontage onto High Street and Tindal Street, enhancing accessibility
Executive Summary
A freehold retail investment opportunity prominently positioned on Chelmsford’s primary pedestrianized High Street. The property comprises a four-storey retail unit with glazed frontage to High Street and rear frontage to Tindal Street. Currently, the entire property is let to TUI UK Retail Limited, generating a passing rent of £72,000 per annum under a 5-year full repairing and insuring lease from November 2023.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
2,491 SF
Building Class
C
Year Built
1958
Price
$1,703,324 CAD
Price Per SF
$683.79 CAD
Tenancy
Single
Building Height
4 Stories
Frontage
15’ on High St
Amenities
- Security System
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Nearby Major Retailers
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87 High St
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