Retail premises for sale in Great Square, Braintree, Essex CM7

Fixed price £430,000 (£66.85/sq. ft)
Retail premises for sale 6,432 sq. ft*
Interested in this property? Call +44 1376 538236 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property description

Ponden House is located in Braintree town centre, a short walk from Sainsburys, Tescos and George Yard. Great Square effectively forms part of the High St which is currently being pedestrianised. The property is also located close to the new Manor Street development a multi million pound regeneration project which is due to be completed later this year. The new development known as Victoria Square will provide a 70 bed Travel Lodge Hotel, 30 apartments, a large Livewell heath facility, bus depot, pharmacy and two new retail units.

Ponden House consist of a large double ground floor retail unit with two sets of double doors, a gross frontage of approximately 35 ft and a built depth of approximately 55ft. A number of columns run down the middle of the unit which could be split into two separate retail units. The ground floor has a gross height of just over 13 ft.

Stairs on one side of the property lead to a large first floor currently split into two areas with toilets to the rear. The first floor has a concrete floor and subject to planning has the potential to be converted into residential apartments.

Gross Frontage - approx. 35ft
Built Depth - approx. 55fy.

Ground floor - 1,674 sqft
First floor - 1,542 sqft
Total 3,216 sqft gia

The property is available on a 999 year long leasehold interest £430,000 - no VAT. Alternatively the property could be let at a rent of £35,000 per annum payable quarterly in advance - no VAT.

Legal costs
Each party is responsible for their own legal costs.

Strictly by appointment with Joscelyne Chase, please contact the Commercial Department

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Joscelyne Chase, CM7 on +44 1376 538236 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Joscelyne Chase, and do not constitute property particulars. Please contact Joscelyne Chase for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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