Property Information
Address:
High Street, Epping, Essex
Price: Rent: £52,000 Per Annum
Size: SOA
Primary Category: Shop
All Categories:
Shop,
Property Ref/Movehut: MH618066
Property Ref/Agent: 4941
*Please use the agent ref when calling the agent directly.
Property description
To let
Property available on:
01/01/1900
Includes 2 3xbedroom self-contained flats above
Mixed A1 (retail) & A3 (restaurant) use
Includes rear parking
Alcohol licence
** A1/A3 SHOP PREMISES TO LET ** - situated on Epping High Street, where a number of restaurants, cafes, banks and multiple retailers such as Marks & Spencer, Boots, Costa Coffee and Next are represented. Comprising a double-fronted retail unit benefitting from a mixed A1 (retail) and A3 (restaurant) use and an alcohol licence. The premises have an approximate net internal area of 1,219 sq ft (113.2 sq m) and have traded as a 'Belgique' cafe for many years. Above the retail space are 2 3 x bedroom self-contained flats which are included with the premises and are currently sublet at £1,100 per calendar month each. Please call CLARKE HILLYER on for more information.
Location
The premises are situated on Epping High Street, where a number of restaurants, cafes, banks and multiple retailers such as Marks & Spencer, Boots, Costa Coffee and Next are represented. There is public car parking on the street, as well as a local authority car park to the rear of the High Street. Epping Station is on the Central Line, which provides a regular service to Central London.
Access to the motorway network is via Junction 7 of the M11 at Harlow or via Junction 26 of the M25 at Waltham Abbey.
Description
Comprising a double-fronted retail unit benefitting from a mixed A1 (retail) and A3 (restaurant) use and an alcohol licence. The premises have an approximate net internal area of 1,219 sq ft (113.2 sq m) and have traded as a 'Belgique' cafe for many years. Above the retail space are 2 3 x bedroom self-contained flats which are included with the premises and are currently sublet at £1,100 per calendar month each.
Terms
The premises are held on 2 leases which expire in June 2021, and the current total rent is £52,000 per annum. The premises are available by way of lease assignment or, alternatively, a new lease may be able to be negotiated directly with the landlord. If ingoing tenants are interested in purchasing any of the current fixtures and fittings then they are welcome to make an offer for them.
Business Rates
Epping Forest District Council have informed us of the following:
242 High Street: 2017 Rateable Value:
£13,750, 2019/20 UBR: 0.491 P/£, 2019/20 Rates Payable: £6,751.25.
244 High Street: 2017 Rateable Value:
£13,250, 2019/20 UBR: 0.491 P/£, 2019/20 Rates Payable: £6,505.75.
Interested parties are advised to contact the Local Rating Authority to confirm current rate liability.
Legal Costs
To be met by the ingoing tenant.
Viewings
Strictly via sole agents Clarke Hillyer on .
EPC
The premises have an Energy Performance Certificate rating of E.
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