<div> <b>Description</b><br><br>The property is a ground floor commercial unit providing quality open plan accommodation incorporating a small kitchenette and w.c./disabled facilities. The space is carpeted throughout, benefitting from excellent natural light, electric storage heaters, and inset spot lighting. <br><br>There is one reserved parking space.<br><br><b>Location</b><br><br>Lockside Marina is a residential complex situated adjacent to the Chelmer & Blackwater Canal, which offers an attractive waterside setting and offers easy access to Chelmsford city centre.<br><br><b>Accommodation</b><br><br>Net Internal Area: 409 sq ft (38 sq m)<br><br><b>Tenure Comments</b><br><br>The property is available by way of a long leasehold interest at a guide price of £145,000.<br><br>The head lease was granted on 22nd December 2005 for a term of 125 years, with a current ground rent of £200 per annum, exclusive of all other outgoings. <br><br>The property is currently let on a 3 year lease outside of the Landlord & Tenant Act 1954, expiring 19th May 2025, at an annual rent of £7,050 per annum, exclusive of all other outgoings.<br><br>The existing occupational tenant (PWR Management Limited) has expressed an interest in taking a new lease upon expiry of the existing term.<br><br><b>Legal Costs</b><br><br>Each party to be responsible for their own legal costs.<br><br><b>Viewing</b><br><br>Strictly by prior appointment with sole agents Elwell Taylor ). <br><br><b>VAT</b><br><br>We understand the property is elected for VAT. <br><br><b>EPC</b><br><br>E - 101</div> <p data-testid="description-epc">Energy Performance Certificates</p> <a class="_3fz1RCX9sPqwdMU-9WNkcS" target="_blank" tabindex="-1" href="https://media.rightmove.co.uk/74k/73137/153312104/73137_14FH_EPC_00_0000.jpg"><span>Photo 2</span></a>