Rohan (Outdoor Clothing), Chelmsford
35 Springfield Rd, Chelmsford CM2 6JE, UKBasic Facts
Property ID: 17861 | Post Updated: 2023-12-05 15:51:43 |
Status: Acquired | Type: Retail - other |
Tenure: Virtual Freehold | Area: 830 sq ft |
Gross Rent: £ 21,000 | Gross Yield %: 7 |
Lease Term Expiry Date: 29/02/28 | Years left on Lease: 3.8 |
VAT applicable: Yes (TOGC Available) |
Property Description
- Virtual Freehold (999 years) ground floor retail unit of 830 sq ft
- Let to Figleaf t/a Rohan until 29th February 2028 for £21,000 p.a.
- The tenant has chosen not to exercise the break option in Feb 2023
- The retailer (www.rohan.co.uk) provide outdoor clothing and trade from 55 stores throughout the UK
- Rent review on 1st March 2023
- Potential to increase rent to £25,000 p.a.
- Located within a pedestrianised area, very close to the High St
- Nearby landmarks/retailers include: Chelmsford Overground station, McDonald’s, Nando’s and PureGym