87 High Street Brentwood Essex CM14 4RR

87 High Street
Brentwood
Essex
CM14 4RR

Freehold Retail and Office Investment

Majority let to Cancer Research UK on a new 10 year lease
Busy High Street Location
Nearby occupiers include NatWest, Poundland, Robert Dyas and Zizzi
Future residential development potential (subject to consents)
For the Seller's Legal Pack, please click the Property Documents tab below

Lot
15
Auction
8th December 2016
Rent
£50,000 per Annum Exclusive
Status
Withdrawn Prior
Price
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG
On the instructions of JLL

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Freehold Retail and Office Investment

Majority let to Cancer Research UK on a new 10 year lease
Busy High Street Location
Nearby occupiers include NatWest, Poundland, Robert Dyas and Zizzi
Future residential development potential (subject to consents)
For the Seller's Legal Pack, please click the Property Documents tab below

Lot 15
Auction 8th December 2016
Rent £50,000 per Annum Exclusive
Status Withdrawn Prior
Price
Sector
High Street Retail
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG
On the instructions of JLL

Property Information

Location

Miles: 12 miles south-west of Chelmsford, 30 miles north-east of Central London
Roads: A12, A127, M25 (Junction 28)
Rail: Brentwood Rail
Air: London City and London Stansted Airports

Situation

Brentwood is a busy commuter town some 23 miles north-east of Central London. London Liverpool Street is accessible by train in 36 minutes. The property is prominently situated on the northern
side of High Street, close to the Baytree Shopping Centre which houses occupiers including WH Smith, Wilko and B&M Bargains. Other nearby occupiers include NatWest, Poundland, Robert Dyas and Zizzi.

Tenure

Freehold.

Location

Miles: 12 miles south-west of Chelmsford, 30 miles north-east of Central London
Roads: A12, A127, M25 (Junction 28)
Rail: Brentwood Rail
Air: London City and London Stansted Airports

Situation

Tenure

Freehold.

Description

The property comprises a ground floor retail unit with self-contained accommodation at first and second floors.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a ground floor retail unit with self-contained accommodation at first and second floors.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Unit	Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Reviews/ (Reversions)
87	Ground	Retail	93.46 sq m	(1,006 sq ft)	CANCER RESEARCH UK LIMITED (1)	10 years from 24/06/2016 (2)	£33,000	24/06/2021 (23/06/2026)
87	First	Offices	47.38 sq m	(510 sq ft)	INDIVIDUAL t/a Brentwood Jewellers (3)	5 years from 25/03/2016	£8,000	(24/03/2021)
87	Second	Beauty Salon	70.14 sq m	(755 sq ft)	INDIVIDUAL t/a Eden Beauty (4)	5 years from 06/06/2016	£9,000	(05/06/2021)
Total			210.98 sq m	(2,271 sq ft)			£50,000

1) Cancer Research UK is the UK’s leading cancer charity. They fund world-class research into all aspects of cancer, providing information and influencing public policy. Cancer Research UK run over 550 shops across the UK. (Source: www.cancerresearchuk.org 04/11/2016)
(2) The ground floor lease provides a tenant option to determine on 23/06/2021.
(3) Brentwood Jewellers have been established for more than 25 years and produce bespoke jewellery. (Source: brentwoodjewellers.com 04/11/2016)
(4) Eden Beauty is a beauty salon offering a variety of treatments. (Source: www.edenbeautybrentwood.weebly.com 07/11/2016)