161.161A.163.163A High Street, Ongar, Essex, CM5 9JD

  • Retail, Investment
  • 2,581 sq ft
  • For Sale
161.161A.163.163A High Street, Ongar, Retail, Investment For Sale - Coffee Shop - 161 and 163 High Street, Ongar. 24.10 (8).JPG
161.161A.163.163A High Street, Ongar, Retail, Investment For Sale - Coffee Shop - 161 and 163 High Street, Ongar. 24.10 (3).JPG
161.161A.163.163A High Street, Ongar, Retail, Investment For Sale - 161-163 High Street, Ongar, 1 bed flat. 24.10 (6).JPG
161.161A.163.163A High Street, Ongar, Retail, Investment For Sale - 161-163 High Street, Ongar. 24.10.19 - D.C Poulton Funeral Parlour (24).JPG
161.161A.163.163A High Street, Ongar, Retail, Investment For Sale - 161-163 High Street, Ongar. 24.10.19 - D.C Poulton Funeral Parlour (14).JPG
161.161A.163.163A High Street, Ongar, Retail, Investment For Sale - 161-163 High Street, Ongar - 2 bed flat. 24.10 (26).JPG
161.161A.163.163A High Street, Ongar, Retail, Investment For Sale - 161-163 High Street, Ongar. 24.10.19 - D.C Poulton Funeral Parlour (6).JPG
161.161A.163.163A High Street, Ongar, Retail, Investment For Sale - 161-163 High Street, Ongar, 1 bed flat. 24.10 (10).JPG
Property Type Retail, Investment
Availability For Sale
Size 2,581 sq ft
Price In excess of £650,000
Business Rates £6,240 per annum (based on rateable value of £13,000)
Energy Performance Rating Upon enquiry

Attractive Mixed-Use Investment Property with modernised residential self-contained flats

Key Features

  • Mixed-Use Freehold Investment in Attractive Market Town
  • Tenants on FRI Terms in fully refurbished units and car parking to rear
  • Modernised residential self-contained flats
  • Prominent High Street Location
  • Attractive Investment Yield
  • Total Income of £48,400 per annum exclusive

Location

The subject property is located in the heart of Ongar Town Centre lying on the west side of High Street mid-way between Banson’s lane in the North and Castle Street to the South. Ongar is a sought after historic market town lying within Epping Forest District of the County of Essex and is located 6 miles east of Epping, 7 miles south east of Harlow and 7 miles north east of Brentwood. Road connections are good with junction 28 of the M25 lying 12.4 miles to the South providing easy access to the orbital motorway or connection with junction (6) of the M11. There is also regular bus services serving the Town to local destinations including Brentwood, Chingford, Harlow and Epping.

Available area

Floor / UnitSizeAvailability
G 528.29 sq ft Available
G 846.64 sq ft Available
1st 769.51 sq ft Available
1st 436.90 sq ft Available

Description

The building comprises of a 3 storey grade II listed property split into two self-contained ground floor commercial units with two further self-contained flats (1 x 1 bed and 1 x 2 bed) on the 1st and 2nd floor above. The shops are well positioned within the High Street close to other nearby industrial retailers, restaurants, library and post office. Both units benefit from a forecourt to the front and parking to the rear including being able to be accessed from the rear. The flats on the 1st and 2nd floors are spacious, well designed, benefit from electrical heating and have immense character from the exposed beams.

Legal Costs

Each party to bear their own legal costs incurred in this transaction, subject to the prospective purchaser solicitors undertaking to pay the Landlord's abortive costs if the prospective purchaser withdraw from the transaction.

Viewings

Strictly by appointment through the sole agent.