GRADE 2 LISTED BUILDING SHOP FRONT UNIT (CLASS E USE)

TO LET

Shop 2

Central House

 High Street, Ongar

CM5 9AA

Other Details

Accomodation

Comprising one of four shopfront premises which form part of the ground floor of a multi-let, Grade II listed property. The unit is laid out to provide a number of areas, comprising sales & additional areas suitable for ancillary sales, storage / offices. Parking for tenants only is available at the rear of the property on a non-demised basis subject to availability. Approximate dimensions & floor areas are as follows: Gross Frontage: 23” 3’ (7.08m2) Built Depth: 54” 3’ (16.53m2) Variable Shop Width Potential maximum sales area: 816 sq ft (75.88 m sq) Ancillary storage / offices: 367sq ft (34.09m sq)

Amenities

• Large glazed frontage • Part suspended ceiling with inset spotlights • Carpeted throughout • High Street location • Suitable for a variety of Uses

Lease

A new FRI lease is to be made available for a minimum term of 5 years, subject to periodic upward only rent reviews.

Rent

£18,500 per annum exclusive, payable quarterly in advance. VAT is not applicable. Service Charge: Included in the rent.

Rates

Rateable Value: £15,000 Rates Payable: 2024/2025: £7,485 per annum Retail & Leisure premises - From 01/04/24 until 31/03/25 at the earliest, a tenant’s rates liability will be based on paying 25% of the annual rates payable (RP). Whilst this information is provided in good faith, prospective tenants are advised to make their own enquiries to establish whether they qualify for full or partial rate relief.

Legal Costs

Both parties’ legal costs are to be borne by the ingoing tenant.

Possession

Upon completion of legalities subject to a simultaneous surrender of the current Lease.

Viewing

Strictly by appointment through sole agents Bennett Phillips Luton | 0208 501 3000 Contact Marc Luton at marc@bennettphillips.com ADMINISTRATION FEE: Upon terms being agreed and prior to Solicitor’s being instructed, the prospective tenant or purchaser is to pay an administrative fee of £500 plus VAT to Bennett Phillips Luton. This fee will cover all associated administrative costs including any referencing fees incurred. In the event that the Landlord or Vendor withdraws from the transaction once solicitors are instructed, 50% of the fee will be refunded.