Retail premises for sale in Freehold Investment, 156 High Street, Ongar CM5, £1,750,000

1,750,000.00

Offer Nr.:
64586711
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Robert Irving Burns
Phone(s):
020 8128 0467

* Freehold
**Key Points**
* Freehold
* Located in the heart of Ongar High Street
* Comprising ground floor commercial with four residential flats above and a rear mews house / triplex
* Arranged over ground and two upper floors
* The residential flats form 3 x 2 beds and 1 x 1 bed with the mews house arranged as a 2 - bed triplex
* The commercial is let to Krazy Kids Cafe on a 7 - year Fri lease from 5th May 2017, paying £30, 000 pa
* The Residential Flats are all let on AST's and the Mews House is currently vacant
* Measuring 5, 190 sqft / 482. 03 sqm
* Total income £88, 200 pa
**Description**
The property comprises a retail premises on the ground floor with four
residential flats above, and a two - bedroom mews / triplex house to the rear.
The residential element is accessed via a side entrance leading to a staircase
up to the first floor at the rear of the building. The mews house is accessed
via the same side entrance.
**Location**
The property is located in the heart of Ongar Town Centre within the County of
Essex. The immediate location comprises a number of national and independent
retailers such as Sainsbury's, Esso, Tesco Express, The Cock in Ongar, The
King's Head, Smith's of Ongar etc.
Access into Central London is available via Epping Underground Station
(Central Line) with a journey time of approx. 46 minutes. The A414 is situated
approx. 1km to the north of the property which connects to the M11 providing
access into Greater and Central London.

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