Property Details
BACK Disposal

The Hare


location icon Bishops Stortford Road , Roxwell , Chelmsford , CM1 4LU

Summary

  • Location
    Roxwell
  • Sector
    Alternative
  • Size
    4,169 Sq Ft
  • Tenure
    Freehold
  • Tenant
    Pie & Pint Inns Ltd
  • Term
    18.3 Years
  • Passing Rent
    £53,879 Per Annum
  • Rent Review
    Annual uncapped RPI
  • Price
    £1 Million
  • NIY
    5.10%
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More Information

  • Location Highlights

    Located within the affluent catchment of Chelmsford. Situated in Roxwell, an attractive Essex village. Approximately 3.5 miles from Chelmsford city centre.

  • Lease Highlights

    Let to Pie & Pint Inns Ltd, subject to a personal guarantee. Long unexpired term of 18.3 years unexpired.

  • Rent Highlights

    Very low passing rent of £53,879 per annum.

  • Rent Review Highlights

    The lease provides annual uncapped RPI rent reviews. Additional 5 yearly rent review based on open market value, providing potential to significantly enhance the passing rent.

Maps

Disposal

Data Analysis

Running
Yield

Rental
RPI Forecast

Contact Us

Anthony Sidoli
Director

+44 (0) 20 3418 2030

George Collins
Advisor

+44 (0) 20 3418 2060

ADS RE Ltd (ADS RE) on its own behalf and on behalf of the vendors / lessors of the properties whose agent ADS RE is, gives notice that:1 (a) All particulars provided are given as a general outline only for the guidance of the intending purchaser, lessee or tenant, and do not constitute in whole or in part, an offer of contract for sale or lease; (b) Whilst all particulars of properties given including but not limited to descriptions, dimensions, references to condition and necessary permissions for use and occupation and maps are believed to be correct and are given in good faith, they are however given without responsibility. None of the statements contained in these particulars as to the property are to be relied upon as statements or representations of fact; (c) The vendor / lessor does not make or give, and neither ADS RE nor any of its members or any person in its employment has any authority to make or give any representation or warranty whatsoever in relation to any properties. The only representations, warranties, undertakings and contractual obligations to be given or undertaken by the vendor / lessor are those contained and expressly referred to in the written contract for sale or agreement for lease between the vendor / lessor and a purchaser or tenant. 2 Prospective purchasers / lessees or tenants should not rely on any particulars provided and are strongly advised to; (a) Satisfy themselves by inspection or otherwise as to the correctness of each statement contained in these particulars; (b) Inspect the property and the neighbouring area; ensure that any items expressed to be included are available and in working order; (c) Arrange a full measured, structural (and where appropriate environmental) survey of the property; and (d) Carry out all necessary searches and enquiries. May 2019