The property comprises a fully let mixed-use investment consisting of a ground floor commercial unit together with four self-contained residential units arranged above and to the rear. The commercial unit extends to approximately 71.5 sq m (770 sq ft) and is let until 17 December 2032, with a rent review due in December 2026. The residential accommodation comprises a 2-bedroom house and three x 1-bedroom flats. The freehold interest is offered for sale subject to the existing tenancies.
Location
Buckhurst Hill is an affluent and highly regarded suburb in south west Essex, positioned on the edge of Epping Forest and offering convenient access into Central London. Queens Road is the town’s principal shopping street and established commercial thoroughfare, home to a strong mix of independent retailers, restaurants and national operators, including Waitrose. The property is situated within close proximity to Buckhurst Hill Underground Station on the Central line, providing direct access into the City and West End.
Accommodation
Shop - Ground floor commercial unit - 71.5 sq m (770 sq ft)
Unit 1A - 2 bedroom house - 69 sq m (743 sq ft)
Unit 1B - 1 bedroom first floor flat - 56 sq m (603 sq ft)
Unit 1C - 1 bedroom second floor flat - 56 sq m (603 sq ft)
Unit 1D - 1 bedroom third floor flat - 37 sq m (399 sq ft)
Terms
Tenure: Freehold subject to existing tenancies
Price: Offers sought in the region of £1,800,000 subject to contract
Tenancy Schedule: See attached brochure for information
Legal Costs: Each party to bear their own legal costs incurred in the transaction.
AML/KYC Checks: Under Anti-Money Laundering Regulations, the purchaser will be required to provide satisfactory identification and proof of funds. A charge of £350 + VAT may be payable for the necessary AML / KYC checks.
Holding Deposit: Purchasers wishing to secure the property may be required to pay a holding deposit of £3,000, subject to contract. The deposit will be held in our client account until completion. Terms relating to its retention or refund will be confirmed prior to payment.
Specification
- Fully let mixed-use investment
- Ground floor commercial unit with four self-contained residential units
- Total current rental income of £102,000 pax
- Prominent position on Queens Road, Buckhurst Hill
- Commercial lease running to 17 December 2032
- Rent review due 18 December 2026
- Freehold
- Offers in the region of £1,800,000