Restaurant/cafe to let in Forest Drive, Theydon Bois, Essex CM16

£48,000 pa (£923 pw)
Interested in this property? Call +44 20 3478 3337 * or Request Details

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Property features

  • Established restaurant in prominent location
  • Includes self-contained 3 bedroom flat above
  • Held on a lease until 2033
  • Fully licenced

Property description

** restaurant lease for sale ** - Prominently located on the junction of Forest Drive and Buxton Road in the village of Theydon Bois, Essex. Forest Drive is the main shopping area of Theydon Bois and comprises a variety of local businesses and catering premises. Comprising a fully licensed ground floor restaurant of approximately 1,490 sq ft (138.4 sq m) with a self-contained first floor 3 bedroom flat above. The restaurant benefits from male and female wc's, a fully fitted kitchen, a rear yard, a parking space and a front outdoor seating area with canopy. Available by way of assignment of the existing lease expiring October 2033. Please call Clarke Hillyer on for further information.

Location

Prominently located on the junction of Forest Drive and Buxton Road in the village of Theydon Bois, Essex. Forest Drive is the main shopping area of Theydon Bois and comprises a variety of local businesses and catering premises. The Central Line Underground station at Theydon Bois provides a regular commuter service to Central London and out to Epping. Access to the Motorway Network is via the M11 at Harlow or the M25 at Waltham Abbey.

Description

Comprising a fully licensed ground floor restaurant of approximately 1,490 sq ft (138.4 sq m) with a self-contained first floor 3 bedroom flat. The restaurant benefits from male and female wc's, a fully fitted kitchen, a rear yard, a parking space and a front outdoor seating area with canopy.

Terms

Available by way of assignment of the existing lease expiring October 2033, subject to rent reviews in October 2021,2025 and 2029. The current passing rent is £48,000 per annum. Our client is seeking a premium for fixtures, fittings and goodwill. Premium on application.

Business Rates

Epping Forest District Council have informed us of the following in respect of the restaurant:

2017 Rateable Value: £21,250
2018/19 ubr: 0.48 P/£
2018/19 Rates Payable: £10,200

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

Legal Costs

To be met by the ingoing tenant.

Viewings

Strictly through Clarke Hillyer on .

Epc

The restaurant has an Energy Performance Certificate Rating of B.

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

Nearby transport

  • Theydon Bois (0.1 miles)
  • Epping (1.6 miles)
  • Debden (2.0 miles)
  • London City Airport (11.7 miles)
  • London Stansted Airport (15.8 miles)
  • London Luton Airport (24.5 miles)
  • Woolwich Ferry North Pier (12.2 miles)
  • East India Pier (12.3 miles)
  • Woolwich Arsenal Pier (12.3 miles)

Nearby schools

View all schools in Epping Forest
  • Theydon Bois Primary School (0.2 miles)
  • Coopersale Hall School (1.1 miles)
  • Hereward Primary School (1.1 miles)
  • Beacon Business Innovation Hub (6.3 miles)
  • Big Creative Academy (8.3 miles)
  • LAE Tottenham (8.6 miles)
  • Davenant Foundation School (1.0 mile)
  • Debden Park High School (1.3 miles)
  • Epping St John's Church of England VC School (1.7 miles)
Note: Distance is shown as a straight line measurement

Local info for Epping Forest

About the neighbours in CM16

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For more information about this property, please contact
Clarke Hillyer, IG10 on +44 20 3478 3337 * (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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