With a prominent corner site, the property is a well located convenience store benefitting from a strong catchment that has limited convenience store provision.
The site benefits from 12 dedicated car parking spaces, with the site extending 0.30 acres.
Location Description
Braintree lies in north Essex, about 46 miles (74 km) from London; located 10 miles north-east of Chelmsford, and 15 miles west of Colchester.
Braintree is bypassed by the modern-day A120 and A131 roads, while trains serve two stations in the town, at the end of the Braintree Branch Line.
The property is located on a prominent corner site fronting both Queens Road and Coldnailhurst Avenue.
The property lies directly south of a local shopping parade and just a short distance from The College at Braintree campus.
The site is well situated for a convenience store with limited convenience store provision.
Additional Notes
The property is let to One Stop Stores limited which is a subsidiary of Tesco Stores Ltd, on a 15 year lease from Mid-2013, at a rent of £32,500 p.a.
The property involves refurbishing the existing public house structure to provide retail accommodation at ground floor to include the sales area and ancillary storage accommodation.
The first floor will remain vacant but will be under One Stop’s Full Repairing and Insuring obligations for the building.