Commercial Portfolio For Sale.
40 Queens Road, Buckhurst Hill - Trading as a ladieswear retail outlet known as Anita at Crème (also occupying 38 which is not included in the sale).
40a Queens Road, Buckhurst Hill - Trading as a Wow Brows beauty salon
14 Queens Road, Buckhurst Hill - Trading as Unique Nails beauty salon
Location
The properties are located at the lower end of Queens Road closer to the junction of Victoria Road & Princes Road within a popular parade of shops and very close to major retailers such as Costa Coffee, Waitrose, Prezzo and other successful independent retailers.
The location is served well by many bus routes and is within a 2-minute walk to Buckhurst Hill (Central Line) train station.
Accommodation
3 Small Retail investments in Buckhurst Hill, Essex.
Terms
Tenure - Freehold
Price - Offers are sought circa. £800,000, subject to contract
Method Of Sale - By way of company sale, further information upon request.
Rates - Further information is available upon request.
Legal Fees - Each Party to pay their own costs.
Tenancy Information
40 Queens Road, Buckhurst Hill
Lease - Held on an FRI lease for term expiring in December 2027
Rent - Current rent of £13,000 pax (rent review is now due)
40a Queens Road, Buckhurst Hill
Lease - Held on an FRI lease for term expiring in March 2023
Rent - Current rent of £12,000 pax
40a Queens Road, Buckhurst Hill
Ground rent of £350 for 1st floor flat with rear garden sold off on a 99-year lease from 1991.
14 Queens Road, Buckhurst Hill
Lease - Held on an FRI lease for term expiring in March 2036
Rent - Current rent of £16,500 pax
14a Queens Road, Buckhurst Hill
Ground rent 350 for upper floor flat sold off on a 125-year lease from March 2001
Total Combined Rent – £42,200.00 pax
Specification
- Freehold
- Prime Locations in Buckhurst Hill Village
- Shops Fully Let
- Ground Rents from Residential Uppers