TypeRetail Investments
IG9 47 Queens Road, Buckhurst Hill
TenureFor sale
Specification
- Building size
- Building size 1,435 sqft
- Property type
- Property type Retail Investments
- Tenure
- Tenure For sale
Description
Unbroken Freehold adjacent to Waitrose and moments from Buckhurst Hill station with potential for rental growth
An unbroken Freehold, comprising ground floor commercial and rear yard plus residential upper parts. The property is occupied on an overriding lease for a term of 10 years from June 2017 expiring 2027 and contracted outside of the Landlord & Tenant Act 1954 Part II. The passing rent on the property is currently £25,000 per annum exclusive. The upper parts comprise a residential flat currently arranged as a 2 bedroom apartment.
Location
Situated in a very popular local commercial district close to Buckhurst Hill tube station (Central Line services to Central London). The property is located on the north side of Queens Road, adjacent to Waitrose with a good density of retail and leisure serving an affluent surrounding area. Queens Road is home to a large number of small and medium enterprise businesses. The area boasts convenient road links to A12, M11 and A406 North Circular Road.