£450,000

Property for sale

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Freehold

£450,000

(£529.41/sq. ft)

Property for sale

Queens Road, Buckhurst Hill IG9

850 sq. ft

Local area information

Property location

Nearby amenities

  • Buckhurst Hill 0.2 miles
  • Loyola Preparatory School 0.3 miles
  • Buckhurst Hill Community Primary School 0.3 miles
  • Roding Valley 0.6 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Buckhurst Hill to find out more about the local area.

Features and description

  • Freehold
  • Freehold investment
  • Comprising lock-up shop & rear office
  • Total income £25,500 plus VAT per annum
  • Queens Road location
** freehold investment for sale ** - Situated on Queens Road, which is the main commercial and shopping area of Buckhurst Hill. Queens Road comprises numerous boutiques, cafes and restaurants, as well as a variety of independent occupiers. Comprising a ground floor lock-up shop which is used by a beauty business, together with a separate self-contained office at the rear. On the first floor is a flat which is sold off on a long lease. The total income is currently £25,500 plus VAT per annum. Please call Clarke Hillyer on for further information.

Location

Situated on Queens Road, which is the main commercial and shopping area of Buckhurst Hill. Queens Road comprises numerous boutiques, cafes and restaurants, as well as a variety of independent occupiers. Car parking facilities (pay and display) are available on the street and in the station car park. Buckhurst Hill Underground Station is on the Central Line and provides a regular service into Central London and out to Epping. Access to the motorway network is via the M11 at Loughton or the M25 at Waltham Abbey.

Description

Comprising a ground floor lock-up shop which is used by a beauty business, together with a separate self-contained office at the rear. On the first floor is a flat which is sold off on a long lease. The accommodation comprises the following approximate floor areas:

Front Retail Section: 467 sq ft (43.3 sq m)
Kitchenette: 28 sq ft (2.6 sq m)
Rear office: 355 sq ft (33 sq m)

Toilet facilities also included in both the shop and office.

All measurements quoted are approximate only.

Leases

72 Queens Road: Let on a 5 year lease from February 2020. The passing rent is £15,000 plus VAT per annum. Terms have been agreed for a new 5 year lease to commence from February 2025 at a rent of £16,000 plus VAT per annum.
R/o 72 Queens Road: Let on a 3 year lease from April 2024. The passing rent is £10,500 plus VAT per annum.

Terms

The freehold is available, subject to the existing leases, for £450,000 plus VAT.

Business Rates

Epping Forest District Council have informed us of the following:
72 Queens Road: 2023 Rateable Value: £15,250.
R/o 72 Queens Road: 2023 Rateable Value: £10,250.

Viewings

Strictly via sole agents Clarke Hillyer, tel .

Epc

The premises have an Energy Performance Certificate rating of C.

Floor plans and tours

Floor plans (1)

Floor plan 1

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Clarke Hillyer. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Clarke Hillyer for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Essex
  4. East London
  5. Buckhurst Hill
  6. Queens Road