Location
Situated on Queens Road, which is the main commercial and shopping area of Buckhurst Hill, with numerous cafes and restaurants as well as many other 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 (southbound only) or the M25 at Waltham Abbey.
Description
Comprising a ground floor lock-up shop which has traded as a hair salon for many years. Above the shop is a self-contained 1-bedroom flat and to the rear is a car park. The premises may be suitable for redevelopment and/or reconfiguration, subject to gaining the necessary consents and vacant possession of the shop and/or flat. The accommodation is more particularly described as follows:
Shop: Sales area: 302 sq ft (28.1 sq m); Store: 18 sq ft (1.7 sq m); Ancillary 1: 189 sq ft (17.6 sq m); Ancillary 2: 105 sq ft (9.8 sq m); Kitchenette: 26 sq ft (2.4 sq m); WC.
Flat: Living room, bedroom, kitchen & bathroom/WC.
Forecourt.
Car park.
All areas quoted are approximate only.
Tenancies
Shop: the shop is currently held on a full repairing and insuring lease, outside of the Landlord and Tenant Act 1954, which expires in December 2026.
Flat: the flat is currently vacant.
Terms
The freehold is available, subject to the lease on the shop and vacant possession of the flat, for £650,000.
Business Rates
Epping Forest District Council have advised us of the following in respect of the shop:
2023 Rateable Value: £12,000
2025/26 UBR: £0.499
2025/26 Rates Payable: £5,988
Tenants may benefit from Small Business Relief and therefore interested parties are advised to contact the local council to ascertain current rate liability.
Council Tax
The flat is within Band C.
Viewings
Strictly via sole agents Clarke Hillyer, tel 020 8501 9220.
EPCs
The shop has an EPC rating of E, while the flat has an EPC rating of D.
Property Ref: 19537869
Features
- Freehold shop & flat for sale
- Suitable for investors or owner-occupiers
- Includes forecourt
- Includes rear car park
- Queens Road location
- Development potential (STPP)
- Recently reduced