High Street, Saffron Walden

Offers in region of £300,000

Commercial Property

Overview

Commercial Property for sale in High Street, Saffron Walden

Vacant Lock-Up Retail Premises For Sale (Business Unaffected)

Key Features:

  • Vacant Lock-Up Retail Premises For Sale (Business Unaffected)
  • Freehold
  • Located in town centre
  • Vacant possession
  • Ground Floor lock-up shop

LOCATION - Saffron Walden is an attractive and affluent commuter market town within Uttlesford District in rural North Essex. The town has a resident population of 15,000 and is a popular tourist destination due to its charm, character and wealth of medieval listed buildings.

The town is served by Audley End Station less than 3 miles away which provides a regular service to London's Liverpool Street in approximately 55 minutes and Cambridge in approximately 20 minutes. By road the M11 can be accessed at junction 6 Bishops
Stortford, Stansted airport is within 19 miles.

The properties are situated on the west side of High Street, approximately 50 metres north of the junction with King Street. High Street is one of the principle retail pitches in Saffron Walden.
 

DESCRIPTION - 25 High Street comprises a Grade II Listed two storey building arranged over ground and first floors.

The property is of timber frame construction, with lime plaster render under a pitched tiled roof.

The property comprises a retail unit at ground floor, trading as a hair salon and operated by the freeholder (Business Unaffected). The first floor, accessed via a separate access from High Street, comprises a residential premises that has has been sold off on a long leasehold basis.  

ACCOMMODATION - The property provides the following floor areas on a net internal
basis:- 

Ground Floor (Sales) - 60.91 sq m / 655 sq ft 

Ground Floor (WC) - 2.82 sq m / 30 sq ft 

Total (Net Internal Area) - 63.73 sq m / 685 sq ft 

TENURE - Freehold.

The first floor residential premises has been sold off on a 999 year lease from September 2004 at a peppercorn rent.  

TENANCIES - The property is being offered for sale with vacant possession. The business currently occupying the premises is unaffected.  

BUSINESS RATES - The property is listed as a Shop and Premises with a rateable value of £17,250.
 

VAT - It is our understanding that the property is not elected for VAT.  

EPC - A copy of the EPC is available on request.  

PROPOSAL - Offers invited in the region of £300,000 (Three Hundred Thousand Pounds), subject to contract
 
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