75 HIGH STREET, BRENTWOOD, ESSEX CM14 4RP

Location
The property is prominently situated in the middle of Brentwood High Street and has rear access and prominence onto William Hunter Way close to Sainsburys. High Street occupiers include: Boots, WH Smith, Superdrug, Marks & Spencer, Costa, Burger King, Tesco and NatWest
Brentwood, with a population of approx. 80,000, is a popular South Essex town, located approximately 18 miles (29 km) north-east of Central London and 11 miles (18 km) south-west of Chelmsford. The town is well connected being located south-east of the A12, which links to Junction 28 of the M25 Motorway approximately 1 mile (1.6 km) away. Brentwood Rail Station (Elizabeth Line) provides regular services to London (Liverpool Street, fastest time 29 minutes) and is currently being improved to facilitate the new Crossrail services.

Description
The property is arranged over ground, basement and two upper floors totalling approx. 959 sq m (10,300 sq. ft.) providing a modern ground floor banking hall with ancillary offices over the two upper floors.
The building has future potential for a mixed - use residential/commercial re-development opportunity (subject to planning).

Accommodation
Basement 640 sf 59 sm
Ground Floor 4,650 sf 432 sm
First Floor 2,503 sf 233 sm
Second Fl. 2,507 sf 232 sm

Total 10,300 sf 956 sm

Terms
The property is let to Barclays Bank Plc on a lease expiring 02/08/2026 at a current passing rental of £150,000 per annum. A copy of the lease is available on request.

Price
The property is offered freehold. Offers in the region of £2,300,000 subject to contract only are sought

Value Added Tax
We understand the property is not elected for VAT. It is anticipated that the sale will be treated as a Transfer of Going Concern (TOGC).

Energy Performance Rating
C58

Legal Costs
Each Party to bear their own legal costs