Retail premises for sale in Queens Road, Buckhurst Hill, Essex IG9

£595,000 (£809.52/sq. ft)
Retail premises for sale 735 sq. ft*
Interested in this property? Call +44 20 3641 4033 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Virtual freehold investment - 979 years remaining on lease
  • Current income £38,000 per annum
  • Queens Road location

Property description

** investment for sale ** - Situated in the lower section of Queens Road, which is the main commercial and shopping area of Buckhurst Hill, with numerous cafes and restaurants as well as many multiple and independent traders. Comprising a ground floor lock-up shop with a net usable area of approximately 735 sq ft (68.2 sq m), which has been trading as an estate agency for many years. The premises benefit from 2 rear parking spaces. The current income is £38,000 per annum, Please call Clarke Hillyer on for further information.

Location

Situated in the lower section of Queens Road, which is the main commercial and shopping area of Buckhurst Hill, with numerous cafes and restaurants as well as many multiple and independent traders. Car parking facilities (pay and display) are available on the street. 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 with a net usable area of approximately 735 sq ft (68.2 sq m), which has been trading as an estate agency for many years. The premises benefit from 2 rear parking spaces.

Lease

The premises are let to Edward Taub on a 10 year lease from October 2014. The current rent is £38,000 per annum.

Terms

The premises are held on a virtual freehold basis with 979 years remaining on the lease. The long leasehold of the premises, subject to the existing lease, is available for £595,000.

Business Rates

Epping Forest District Council have informed us of the following:

2017 Rateable Value: £35,750
2020/21 ubr: 0.499 P/£
2020/21 Rates Payable: £17,553.25

All interested parties are advised to verify these figures with the local rating authority.

Legal Costs

Each party to meet their own.

Viewings

Strictly via agents Clarke Hillyer, tel .

Epc

The premises have an Energy Performance Certificate rating of D.

Whilst we at Clarke Hillyer endeavour to ensure the accuracy of property details produced and displayed, we have not tested any apparatus, equipment, fixtures and fittings or services so cannot verify that they are connected, in working order or fit for purpose. Neither have we had sight of the legal documents to verify the Freehold or Leasehold status of the property. Please be advised that any plans provided are to indicate the layout of the property, are not to scale and for guidance purposes only. Any interested parties are advised to obtain verification from their solicitor or surveyor.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

Arrange Viewing

For more information about this property, please contact
Clarke Hillyer, IG10 on +44 20 3641 4033 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Clarke Hillyer, and do not constitute property particulars. Please contact Clarke Hillyer for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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