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1 Coopers Hl

689 SF of Retail Space Available in Ongar CM5 9AJ

Highlights

  • Prominent main road location
  • High footfall and passing traffic
  • Large glazed frontage provides lots of natural light

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • Ground
  • 689 SF
  • Negotiable
  • $38.95 /SF/YR $3.25 /SF/MO $26,838 /YR $2,237 /MO
  • Fully Repairing & Insuring
Space Use
Retail
Condition
Full Build-Out
Availability
Now

This fully equipped ground floor café/Italian restaurant is prominently located in the heart of Ongar, Essex on the busy Coopers Hill and a short walk to Chipping Ongar High Street. The restaurant has capacity for 30+ covers, in excellent condition and has two parking spaces. The kitchen is fully equipped kitchen with modern appliances, ample storage, tasteful décor, and comfortable seating. It would be of interest to F&B operators and other sectors within Use Class E. The property measures 64 sqm/689 sqft. The site has traded successfully for many years, with a renowned reputation in the local and surrounding areas. A rare opportunity to acquire a high turnover local business in an area with high footfall and passing traffic. The property is immediately available. Offers invited at £21,600 per annum exclusive on a new FRI lease. A premium of £60,000 is sought for goodwill, equipment, fixtures and fittings. In addition to the contracted rent, the owner is open to agreeing a fixed rate of £800.00 per month to cover the cost of utilities.

  • Use Class: E
  • Fully Built-Out as a Restaurant or Café Space
  • Kitchen
  • Locally renowned cafe
  • Large glazed frontage
  • Exterior seating
  • Fully equipped kitchen with modern equipment
Space Size Term Rental Rate Rent Type
Ground 689 SF Negotiable $38.95 /SF/YR $3.25 /SF/MO $26,838 /YR $2,237 /MO Fully Repairing & Insuring

Ground

Size
689 SF
Term
Negotiable
Rental Rate
$38.95 /SF/YR $3.25 /SF/MO $26,838 /YR $2,237 /MO
Rent Type
Fully Repairing & Insuring
Space Use
Retail
Condition
Full Build-Out
Availability
Now

This fully equipped ground floor café/Italian restaurant is prominently located in the heart of Ongar, Essex on the busy Coopers Hill and a short walk to Chipping Ongar High Street. The restaurant has capacity for 30+ covers, in excellent condition and has two parking spaces. The kitchen is fully equipped kitchen with modern appliances, ample storage, tasteful décor, and comfortable seating. It would be of interest to F&B operators and other sectors within Use Class E. The property measures 64 sqm/689 sqft. The site has traded successfully for many years, with a renowned reputation in the local and surrounding areas. A rare opportunity to acquire a high turnover local business in an area with high footfall and passing traffic. The property is immediately available. Offers invited at £21,600 per annum exclusive on a new FRI lease. A premium of £60,000 is sought for goodwill, equipment, fixtures and fittings. In addition to the contracted rent, the owner is open to agreeing a fixed rate of £800.00 per month to cover the cost of utilities.

  • Use Class: E
  • Fully Built-Out as a Restaurant or Café Space
  • Kitchen
  • Locally renowned cafe
  • Large glazed frontage
  • Exterior seating
  • Fully equipped kitchen with modern equipment

Service Types


The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.

1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.

2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.

3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.

4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.

PROPERTY FACTS FOR 1 Coopers Hl , Ongar, ESS CM5 9AJ

Property Type Retail
Gross Leasable Area 713 SF
Year Built 1960

About the Property

Two storey detached property of masonry construction providing retail space on the ground floor and residential space on the first floor. Located on the corner of Coopers Hill and the main Ongar High Street, the A414 is a short distance away, which connects to the M11 and A12.

Attachments

Brochure

Nearby Major Retailers

Londis
Sainsbury's
  • Listing ID: 33670510

  • Date on Market: 10/29/2024

  • Last Updated:

  • Address: 1 Coopers Hl, Ongar CM5 9AJ

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