1 Bilton Road, Chelmsford, ESSEX, CM1 2UP, UK

Bilton Road, Chelmsford

Asset description

Bilton Road Industrial Estate occupies a prominent position on the A1016 which leads to Chelmsford City Centre, 1 mile to the north east.
The asset comprises 12 industrial units, ranging from 7,666 to 25,777 sq ft and totalling 163,996 sq ft GIA.
The total site area of 8.02 acres provides a low site coverage of 47%.

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Building area Gross

15,236 sm

Occupancy

100.00%

Year built

2000

Property Reference Number

200004641823

Fully let prime industrial estate with excellent reversionary potential.
There is the opportunity to increase the income of the estate by over 28% within a short time frame, with c.50% of the income being subject to a lease event in the next 2 years.
Total Headline Rent of £1,461,633, which equates to a low rent of £8.91 per sq ft.