48 Queens Road, Buckhurst Hill IG9 5BY
48 Queens Road, Buckhurst Hill IG9 5BY
Property Features
- Prime Queens Road position
- Restaurant/cafe/coffee shop use
- Large rear garden
- Very good decorative order
Property Summary
Full Details
Location
Buckhurst Hill is located approximately 17 miles north east of Central London and approximately 3.7 miles south west of junction 27 of the M25 motorway via junction 6 of the M11.
The subject property is located in the heart of Queens Road which is a vibrant and popular local destination and the main commercial and shopping district within Buckhurst Hill.
Local occupiers include Waitrose and Costa Coffee as well as a number of highly fashionable boutiques, cafes, restaurants and salons.
Additionally, the general area has become somewhat of a hub for design and home improvements with a number of architectural practices and lifestyle shops and showrooms opening in the vicinity.
Pay and display car parking is available on the street whilst Buckhurst Hill (Central Line) is within very easy walking distance providing quick and easy access to the City, West End and Epping to the East . There are also good road links to A12, M11 and A406 North Circular Road.
Accommodation
The subject property is located diagonally opposite Waitrose in the prime position on Queens Road. The unit was previously trading as a coffee shop with patio/conservatory area leading onto a large rear garden for outside seating. There are separate WC and kitchen facilities.
The premises are in very good decorative order and have an approximate floor area of 1,230 sq.ft. (114.27 sq.m.).
* Floor area provided by third party and cannot be guaranteed
Use
We understand the premises benefit from use Class E having most recently been trading as a coffee shop although alternative uses including takeaway would be considered.
Terms
Tenure
Leasehold. An assignment of our clients 20 year lease to expire August 2029 is available at the current passing rental of £40,000 pax at NIL premium. The lease is contracted inside of the 1954 L & T Act.
A new lease may be available directly from the Freeholder on terms to be agreed subject to covenant.
All rents, prices and premiums are exclusive of VAT under The Finance Act 1989. Accordingly, interested parties are advised to consult their professional advisers as to their liabilities, if any, in this direction.
Possession
Immediately upon completion of legal formalities.
Legal costs
The ingoing Tenant to be responsible for both parties reasonable legal costs incurred in this transaction.
Consumer Protection & Money Laundering Regulations
It is recommended that applicants seek independent professional advice before entering into a contract on this property. It is required to gain proof of identity from companies and individuals before accepting an offer for the property.
Services/Utilities
Reference to all/any services, utilities or fixtures & fittings in these particulars does not imply they are in full and efficient working order.
EPC
39B
Viewing
Strictly by prior appointment via this office.