Commercial - 14 George Yard

Property Details: • Type: Office • Tenure: N/A • Floor Area: N/A

Key Features: • PROMINENT LOCATION • RETAIL/OFFICE AREA 253 SQ FT • ANCILLARY/STORAGE/STAFF 173 SQ FT • CLOSE TO FREEPORT • NEARBY OCCUPIERS INC • W H SMITH/SUPERDRUG/GREGGS • EPC RATING - E • 50% DISCOUNTED RENT FOR YEAR 1

Location: • Nearest Station: Braintree Station • Distance to Station: 0.4 miles

Agent Information: • Address: Aston House, 57-59 Crouch Street Colchester CO3 3EY

Full Description: LOCATIONThe premises are located at the eastern entrance to George Yard, the prime shopping area in Braintree town centre. Access is from Bank Street, just off High Street, and occupiers in the shopping centre include Superdrug, W H Smith, Boots, Dorothy Perkins and Card Factory.The town is an established shopping destination, also having the popular Freeport Outlet Shopping Village to the south-east of the town, just off the A120. London (Stansted) Airport lies some 20 miles to the west, located on the M11.DESCRIPTIONThe property comprises a Grade II listed two-storey property of rendered elevations under a pitched tiled roof. A short flight of steps leads down to the main retail/office area, with two display windows fronting onto the mall. A further flight of steps leads to a galleried first floor area, with back up office/storage/ancillary accommodation, a small kitchen and WC.The accommodation is carpeted and benefits from electric convector heating.ACCOMMODATIONGround Floor Main Retail/Office 253 sq. ft. (23.5 sq. m).First Floor Office/Storage/Staff 173 sq. ft. (16.1 sq. m)Kitchen 25 sq. ft. (2.3 sq. m)WCTOTAL NET FLOOR AREA 451 SQ. FT. (41.9 SQ. M.)TENUREThe property is held on a 10 year lease, expiring in September 2026. The lease is drawn under full repairing and insuring terms, and there is also a service charge in respect of the common areas in George Yard. The passing rent is £6,250 per annum which includes a 50% discount for year one, rising to £12,500 per annum, exclusive of VAT, rates and all outgoings. The lease is offered for assignment at nil premium. RATEABLE VALUEThe property appears in the 2017 Rating List as Shop and Premises, with a rateable value of £10,500.VIEWINGStrictly accompanied viewings arranged through Boydens (Option 1 - Sales) David or Philip Boyden.