Available
Witham – Retail Premises
27A Bridge Street, Witham, Essex CM8 1BUFreehold Retail Investment
Price
£175,000
Rent P.A.
£15,000
Yield
8.57%
Tenure
Freehold
Lease Term
5 Years
Years Left on Lease
4y 9m
Area
818 SQ FT
VAT Applicable
No
Sector
Investment Consideration
- Comprises two-storey retail premises t/a office
- Occupies a prominent position on the south side of Bridge Street, the town’s principal through road. Occupiers nearby include Lidl, Motorbike Dealer, Solicitor`s, Takeaway and many more.
Key Features
Tenure
Freehold
VAT
VAT is not applicable.
Property Description
Comprises two-storey premises arranged as a ground floor retail with ancillary at first floor, providing the following accommodation and dimensions:
Ground Floor: Open plan retail, office, storage, wc
First Floor: Two rooms with kitchenette
Total GIA: 76 sq m (818 sq ft)
Ground Floor: Open plan retail, office, storage, wc
First Floor: Two rooms with kitchenette
Total GIA: 76 sq m (818 sq ft)
Tenancy Description
The property is at present let to Brink Riley Properties Ltd (with personal guarantee) for a term of 5 years from 19th February 2026 at a current rent of £15,000 p.a. and the lease contains full repairing and insuring covenants. Rent review on 19.02.29 linked to RPI. Tenant option to determine on 19.02.29 with min 6 months notice. Deposit held of £3,750.
Tenancies & Accommodation
Location Description
Witham is situated adjacent to the A12 providing access to the M25 (around 30 minutes drive to the south-west). Colchester is approximately 14 miles to the northeast, Chelmsford approximately 10 miles to the south-west. Stansted Airport is approximately 23 miles to the north west. The property occupies a prominent position on the south side of Bridge Street, the town’s principal through road. Occupiers nearby include Lidl, Motorbike Dealer, Solicitor`s, Takeaway and many more.







