5 Properties Found

Commericial Sales

High Street, Ongar

Situated on the eastern side of High Street Ongar (A128). The High Street is home to a variety of occupiers such as fashion boutiques, hair and beauty salons, banks, cafes and a Sainsbury's supermarket. Ongar is a historic market town situated between Harlow and Chelmsford and access to the motorway network is via Junction 7 of the M11.

Comprising a character Grade 2 listed building which occupies a prominent corner position on the High Street. On the ground floor is a lock-up shop with A2 (financial and professional services) use, which is currently occupied by Balgores Hayes estate agency. On the 1st and 2nd floors is a unique 2 bedroom flat of some character, which is accessed via a private ground floor entrance which benefits from a TV intercom system. The bedrooms and kitchen benefit from wall mounted wireless TV plugs. At the rear of the building is parking for 4 vehicles which are allocated to the tenants of the building. The premises are more particularly described as follows:

Shop: 472 sq ft (43.8 sq m). Toilet facilities included.
Flat: 2 bedrooms, living room, kitchen/diner, bathroom, w/c.

All measurements quoted are approximate only.

Shop: Let on a 10 year term from January 2016 to Balgores Hayes Ltd. The current rent is £12,000 per annum, rising to £15,000 per annum as at January 2019. There is a tenant's break clause as at January 2021.
Flat: Let on a 1 year Assured Shorthold Tenancy Agreement at a rent of £1,300 per calendar month.

The freehold is available, subject to the existing tenancy agreements, for £550,000.

Epping Forest District Council have informed us of the following in respect of the shop:

2017 Rateable Value: £7,700
2017/18 UBR: 0.48 P/£
2017/18 Rates Payable: £3,696.00

We are informed by Epping Forest District Council that the flat falls within Band 'B'.

Each party to meet their own.

Strictly through sole agents Clarke Hillyer on 020 8501 9220.

The Shop has an Energy Performance Certificate rating of E and the flat has an EPC rating of D.