COMMON USE CLASS: A1 Shops, A2 Financial and Professional Services, B1 Business
** INVESTMENT FOR SALE ** - Located on High Street, Ongar (A128) which is home to a variety of occupiers such as fashion boutiques, hair and beauty salons, cafes and a Sainsbury's supermarket. Comprising a ground floor lock up shop with A2 (financial and professional services) use, which is currently occupied by Balgores Hayes estate agency. The property benefits from 2 rear parking spaces which are let to the tenants. The sale is subject to the existing lease and the current income is £15,000 per annum. Please call CLARKE HILLYER on 020 8501 9220 for further information.
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, 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 flat which is sold off. At the rear of the building is parking for 2 vehicles which are allocated to the tenants of the shop. The premises are more particularly described as follows:
Shop: 472 sq ft (43.8 sq m). Toilet facilities included.
All measurements quoted are approximate only.
Let on a 10 year term from January 2016 to Balgores Hayes Ltd. The current rent is £15,000 per annum. There is a tenant's break clause and rent review as at January 2021.
The shop is available by way of 999 year lease, subject to the existing tenancy agreement, for £250,000.
Epping Forest District Council have informed us of the following in respect of the shop:
2017 Rateable Value: £7,700
2019/20 UBR: 0.491 P/£
2019/20 Rates Payable: £3,780.70
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.