High Street, Ongar
OIEO £2,500,000 Freehold

UPDATED

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  • Unique Investment Opportunity
  • Property Portfolio on Popular High Street
  • Prime Location Commercial Unit With Protected Tenancy
  • High Specification Rental Properties
  • Three Two Bedroom Apartments
  • Two Bedroom Cottage
  • One Bedroom Apartment
  • Potential Annual Turnover Of Approximately £106,000 - £107,000

Durden & Hunt welcome to the market this unique investment opportunity with the purchase of a property portfolio on Ongar High Street.

With its prime high street location the portfolio offers a potential annual turnover of approximately £106,000 - £107,000 and consists of:

- Commercial Unit on Ongar High Street (protected tenancy at rental price of approximately £30,000 per annum)
- Three Two Bedroom Flats (rental values of approximately £1,300, £1,250 and £1,200 per month)
- One One Bedroom Flat (rental value of approximately £1,100 per month)
- Two Bedroom Cottage (rental value of approximately £1,500 per month)

The split level domestic properties, offering private terraces, are in a secluded gated location just off of the high street having been recently developed and finished to high standards and specifications. The two bedroom apartments have been converted from the unit's warehouse and the one bedroom flat has been converted from the lift shaft. The two bedroom cottage is a newly built house. These currently have short hold tenancies (with the cottage on the rental market).

Ideally located the commercial unit and apartments are in close proximity to the shops, restaurants and amenities that Ongar has to offer.


Unique Investment Opportunity - Property Portfolio on Popular High Street - Prime Location Commercial Unit With Protected Tenancy - High Specification Rental Properties - Three Two Bedroom Apartments - One Bedroom Apartment - Two Bedroom Cottage - Potential Annual Turnover Of Approximately £106,000 - £107,000


Consumer Protection from Unfair Trading Regulations 2008.
Durden & Hunt have not tested any apparatus, equipment, fixtures and fittings or services. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are NOT necessarily included unless specifically mentioned within the sales particulars, they may however be available by separate negotiation. Any mention of Planning potential is based on the current owners opinion, unless stated otherwise a potential buyer should assume that this is a speculative opinion only and is not based on planning permission being granted or professional advice. On most occasions features and facilities of a property are owner advised and potential buyers are advised to confirm these. Any reference to distance to Stations, amenities or schools are taken from portal estimated distances, buyers are advised to do their own research on distances and this area. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property. On occasion photographs may be owner supplied. Durden & Hunt are a proud member of the Property Ombudsmen.


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High Street
Ongar CM5 9JJ
Sale Type: For Sale
Ref #: 103371002599
Last Updated: Wednesday, 06 July 2022 17:53
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