Summit House, Waterloo Lane, Chelmsford, CM1 1BD

£50,380 per annum exclusive

Overview

Office
Property Type

2519 - 2519
sq ft

Description

Location

Summit House is a multi-let office building behind a period brick frontage which incorporates a glazed entrance lobby and gated undercroft car park.

The Suite is located on the first floor and provides open plan accommodation with good levels of natural light via double glazed windows.

LOCATION
The City of Chelmsford is located approximately 37 miles northeast of London and benefits from excellent communications via the A12 dual carriageway giving direct access to the M25 (junction 28) within 12 miles. The M11 and Stansted Airport are also easily accessible.

The City's railway station is within a few minutes walk and provides a fast and frequent service to London Liverpool Street with journey times from approximately 32 minutes.

Summit House is situated on Waterloo Lane. The building is adjacent to the popular Bond Street retail and leisure development which contains a number of high end retailers, restaurants and leisure providers such as John Lewis, Everyman Cinema, Hotel Chocolat, and Giggling Squid.

ACCOMMODATION
[Approximate Net Internal Floor Areas]
Part First Floor Office: 2,519 sq ft [234.02 sq m]

SERVICES
We understand the property is connected to mains water, drainage, electricity and gas. We have not tested any of the services and all interested parties should rely upon their own enquiries with the relevant utility company in connection with the availability and capacity of all of those serving the property including IT and telecommunication links.

LOCAL AUTHORITY
Chelmsford City Council
T. 01245 606606

SERVICE CHARGE
There is a service charge towards the upkeep of the property. Further details are available upon request.

BUSINESS RATES
The office suite is entered into the Valuation Office Agency rating list with a rateable value of £39,750 which will give rise to an approximate annual rates liability of £19,835 (2025/26). Interested parties are advised to make their own enquiries.

EPC
Tbc.

TERMS
The office suite is available to let on a new, effective full repairing and insuring lease by way of a service charge at a commencing annual rent of £50,380 per annum exclusive plus VAT.

VAT
We understand that the property is elected to VAT.

LEGAL COSTS
Each party to bear their own legal costs incurred in this transaction.