Summary - 57, MOULSHAM STREET CM2 0JA
1 bed 1 bath Commercial Property
**Standout Features:**
- Seven retail shops fully let, generating a net income of £106,000 per annum (increasing to £108,550 in July 2024).
- Located on Moulsham Street, in close proximity to Chelmsford City Centre and the railway station, with excellent foot traffic.
- Recently converted upper floors into sold apartments, enhancing potential for future investment with 19 ground rents from residential units.
- Ample off-street car parking available for tenants.
- Freehold property exempt from VAT, available at £1.5 million.
This substantial commercial property located in the historic district of Chelmsford presents an excellent investment opportunity. The vibrant collection of seven fully let retail units generates a stable annual income and is perfectly situated just a short walk from local amenities, including the railway station and a range of shops and eateries, ensuring high visibility and foot traffic. The building boasts a classic brick façade, characteristic of the area, and offers modern conveniences like off-street car parking.
The elevated potential is further amplified by the sold apartments above, which not only add value to the property through their ground rents but also enhance the investment’s local importance in a growing urban environment. Investors seeking a self-managed portfolio will appreciate the current occupancy rates and the chance to capitalize on Chelmsford’s rising market. With the unique combination of retail and residential components, this property is not just a lucrative choice, but also a versatile one – a rare find in today’s competitive real estate market. Don’t miss this opportunity to secure a piece of Chelmsford’s flourishing landscape.
High street retail property for sale in Shop Unit F2, Marconi Evolution, Cunard Square, Chelmsford CM1 1AQ, CM1 — £225,000 • 1 bed • 1 bath • 1648 ft²
High street retail property for sale in 95 High Street, Chelmsford, Essex, CM1 1DX, CM1 — £650,000 • 1 bed • 1 bath • 3597 ft²
High street retail property for sale in Shop Unit N, Marconi Evolution, Cunard Square, Chelmsford CM1 1AQ, CM1 — £225,000 • 1 bed • 1 bath • 1650 ft²
Office for sale in Moulsham Street, Chelmsford, Essex, CM2 — £1,800,000 • 1 bed • 1 bath • 9116 ft²
High street retail property for sale in Shop Unit G, Marconi Evolution, Cunard Square, Chelmsford CM1 1AQ, CM1 — £180,000 • 1 bed • 1 bath • 1345 ft²
High street retail property for sale in 143-145 Springfield Road, Chelmsford, Essex, CM2 6JW, CM2 — £865,000 • 1 bed • 1 bath • 8712 ft²
