Lambert Smith Hampton Lot AWS

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LOT

CHELMSFORD 56 DUKE STREET, CM1 1JA | Freehold | Vacant possession | Eight - 1x bedroom flats | Town Centre location

| Residential and Commercial corner property | Commercial space of 1,439 sq ft (133.73 sq m) | Negotiations with current commercial tenant on going

DESCRIPTION The property comprises a four storey corner building of modern construction, with four commercial units on the ground floor totalling approximately 1,439 sq ft ( 133.68 sq m), and eight newly refurbished one bedroom flats on the first, second and third floors. The property (know as The Curve), is located on the corner of Duke Street and Bloomfield Road, close to the bus and train stations.

LOCATION

TENURE

VAT

EPC

| Summary: Vacant commercial units (negotiations on

Freehold

Refer to the legal documentation

See website

| | | | |

going), with x8 one bedroom flats Miles: London 37 miles, Colchester 24 miles Roads: A12, M25 (junction 28), M11 (junction 7) Rail: Chelmsford Railway Station (35 minutes to Liverpool Street Station) Air: Stansted Airport Nearby Occupiers: The Cooperative, Pizza Hut, Grand Central, M&S Food

PLANNING There could be potential for alternative use and interested parties will need to carry out their own due diligence and make further enquiries to Chelmsford City Council (01245 606 606), www.chelmsford.gov.uk

NOTE The vendor is currently in negotiations with a commercial tenant who is looking into taking all four commercial units, on a new 15 year lease at £32,000pa (Negotiations are on going). The property sale is not subject to this deal and is based on full vacant possession, unless a lease is signed during the course of the marketing.

DECEMBER AUCTION 2017

Please ensure that you are aware of the general and special conditions and any relevant addendum. The successful buyers on all lots will be required to pay the auctioneers an administration fee.

ADDRESS

FLOOR

USE

SQM

SQFT

Unit 1 Unit 2/3 Unit 4 (Curved frontage) Flat 1 Flat 2 Flat 3 Flat 4 Flat 5 Flat 6 Flat 7 Flat 8

Ground Ground Ground First First First Second Second Second Third Third

Commercial Commercial Commercial Residential Residential Residential Residential Residential Residential Residential Residential

28.72 75.27 29.74 42.92 36.97 48.96 42.92 36.97 48.96 53.97 52.95

309 810 320 462 398 527 462 398 527 581 570

Areas have been provided by the vendor.

Seller's Solicitor

Joint Auctioneer

Edwin Coe LLP Stephen Brower 020 7691 4105 [email protected]

LSH Chelmsford Joe Reubin 01245 215579 [email protected]

Rob Hills

020 7198 2118

[email protected] www.lshauctions.co.uk

Please ensure that you are aware of the general and special conditions and any relevant addendum. The successful buyers on all lots will be required to pay the auctioneers an administration fee.

DECEMBER AUCTION 2017