For Sale

94-96 High Street, Ingatestone, CM4 0BA

  • Area 1,126 sq ft (105 sqm)
  • Sale Price £400,000

Investment for Sale

Amenities

  • Established retail parade
  • Prominent location
  • Public car park nearby
  • Freehold for sale
  • Guide Price £400,000

Description

The property is a prominently positioned corner unit in an abundant retail parade with many local occupiers.

DESCRIPTION AND LOCATION
The property is a prominently positioned corner unit in an abundant retail parade with many local occupiers.
94 High Street is currently let on a 5year lease from 29th January 2021 and comprises an open retail area split into two, both with
entrance doors onto the high street and stairs to the first floor. The first floor is mainly open plan, with a separate room which can
be used as a meeting room or additional office, the property is let on the following terms
Years 1 – 3 £15,000 per annum
Years 4 – 5 £20,000 per annum
96 High Street is currently let to a florist paying £4,750 per annum exclusive.

ACCOMMODATION
Unit 94:
Ground Floor Approx.: 326 sq. ft. (30 sq. m.)
First Floor Approx.: 484 sq. ft. (45 sq. m.)
Total Approx. Area: 810 sq. ft. (75 sq. m.)
Unit 96:
Ground Floor Approx.: 306 sq. ft. (28 sq. m.)

TENURE
Freehold

PRICE
Offers in the region of £400,000 for the freehold interest, plus VAT if applicable.
BUSINESS RATES (2019/2020)
Interested parties are advised to confirm the rating liability with Brentwood Council.

EPC
Awaiting EPC rating.

LEGAL COSTS
Each party to be responsible for their own legal costs.

VIEWING
Strictly by prior appointment with the landlord’s appointed Sole agent:

 

Tenure

Tenanted Investment

EPC

Available upon request

Viewing

By appointment with Ayers & Cruiks

Area 1,126 sq ft

Agents

Darrell Clarke

Neil Burroughs

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