Commercial - Essex
01206 216 565 103-105 Newland Street, Witham, Essex, CM8 1BE
To Let
Ground floor unit(s) in town centre
Suitable for retail, office or leisure uses (stp)
New lease(s) available immediately
Close to prime retail area
Parking to rear
Full height display windows on ground floor
EPC Rating: C
Prominent Retail/ Business Premises 197-475 sq m (2,120-5,113 sq ft)
Details Location
Accommodation
Witham is a well established shopping centre in Essex, situated between Chelmsford and Colchester on the A12, connecting the eastern region to London.
The premises provide the following accommodation and approximate floor areas:
The town has a resident catchment population of approximately 58,000. The town’s population has trebled in the last 20 years and continues to grow. The property is located only 1/2 mile from Witham station, which has a journey time of 53 minutes to London Liverpool Street. The property is well located in a primary retail trading pitch on Newland Street with nearby occupiers including Lloyds, NatWest, Paddypower and JD Weatherspoon. The property lies close to the public car park, and benefits from short term parking immediately to the front of the building.
103 GF: 105 GF: Whole GF:
197.20 sq m (2,123 sq ft) 277.76 sq m (2,990 sq ft) 474.96 sq m (5,113 sq ft)
Business Rates From enquiries with the Local Rating Authority we understand that the premises are assessed as follows: Rateable Value Rates payable (2017/18)
£51,000 £29,543 pa
Planning Description The property comprises a substantial, 2 storey, former home store, retail unit benefiting from a fully glazed shop front and predominantly open plan accommodation. The ground floor is available either as a whole or can be split to provide two separate units. Externally, to the rear, there is a good sized service yard and car park. Internally the property is currently presented in shell condition.
Local Authority Braintree District Council Telephone: 01376 552 525
Particulars for 103-105 Newland Street, Witham, Essex, CM8 1BE
Whilst the property currently benefits from a A1 ’Retail’ planning use it is considered suitable for a wide variety of alternative commercial uses, subject to obtaining the appropriate planning consents. For further information interested parties are advised to contact Braintree District Council, telephone 01376 552525.
Use Restriction The vendors will impose a restriction preventing the sale of convenience goods or the provision of funeral director services from the premises.
Not to Scale– For Illustrative Purposes Only
Terms
Viewing
The ground floor premises are available to let as a whole or individually on new effective full repairing and insuring terms for a period of years to be agreed. 103 is available at a rent of £20,000 per annum, 105 is available at a rent of £27,500 per annum. The whole is available at a rent of £45,000 per annum.
Strictly by prior appointment with the joint sole agents:
VAT The properties are VAT elected and VAT will be payable on the rent at the prevailing rate.
Particulars for 103-105 Newland Street, Witham, Essex, CM8 1BE
James Angel T. 01206 216 558 E.
[email protected] Jamie Simister T. 02077 580 052 E.
[email protected] Directions Head towards Ipswich town centre. Take the first left turning sign posted ‘Buttermarket’. Continue along this road and the property can be found on the right hand side, as indicated by a Fenn Wright board.
For further information
01206 216 565 fennwright.co.uk
Fenn Wright for themselves and for the vendors or lessors of this property whose agents they are give notice that: i.
The particulars are set out as a general outline for the guidance of intending purchasers or lessees; and do not constitute, nor constitute part of, an offer or contract.
ii. All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct but any intending purchasers or lessees should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them. iii. The vendor or lessor does not make or give, and neither Fenn Wright nor any person in their employment has the authority to make or give, any representation or warranty whatsoever in relation to this property. iv. All statements contained in these particulars as to this property are made without responsibility on the part of Fenn Wright or the vendor/lessor. v. All quoting terms may be subject to VAT at the prevailing rate from time to time. vi. Fenn Wright have not tested any electrical items, appliances, any plumbing or heating systems and therefore, cannot give any warranty or undertaking as regards their operation or efficiency.
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