The Property comprises a Grade II Listed, two-storey building with the benefit of a more modern ground floor rear extension with a garden area beyond. For many years, the property has been occupied by Saffron Building Society and internally the building provides a main retail/office area together with a further office, store room and staff facilities behind, and an open plan office/further store above.
It is considered that subject to all statutory consents, there may be potential to extend the first floor accommodation above the rear extension whilst retaining a rear garden or scope to further extend to the rear at ground or ground and first floor levels. It may be possible to create a residential self-contained flat within the extended first floor.
The Property is situated in Bell Street, the main shopping area within the town of Sawbridgeworth. Occupiers within the immediate vicinity include TSB Bank, Martins the Newsagents, together with various local retailers and service providers.
Sawbridgeworth is situated approximately equidistant between Harlow and Bishops Stortford, within East Herts. The town benefits from a mainline station serving London Liverpool Street and numerous bus routes serving outlining districts. Roadlinks are good with Junction 7 of the M11 being c.5.5 miles to the South and Junction 8 of the M11 serving Stansted International Airport c.5.5 miles to the North. The A414 serves Chelmsford to the East and Hatfield and the A1 to the West.
The following are approximate Net Internal Areas measured in accordance with RICS Code of Measuring Practice:
Main retail area 216 sq ft 20.07 sq m
Rear rooms 151 sq ft 14.02 sq m
First floor 234 sq ft 21.73 sq m
TOTAL NIA 601 sq ft 55.74 sq m
• Rare freehold opportunity
• Self-contained space
• Potential for further extension
• Tea station
• Staff WC
• Rear garden
The property is available freehold with vacant possession
According to The Valuation Office Agency website www.voa.gov.uk website, the Rateable Value is £5,000.
Applicants are encouraged to check with the relevant local authority to confirm the rates payable for the current financial year.
Each party to bear their own legal costs incurred in the transaction.