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Sold
Sold Prior
Sold Post
The property comprises a high yielding mixed-use investment occupying a prominent corner pitch and forming part of a popular local parade.
Arranged as a ground floor retail/restaurant unit with a one bedroom flat to the first floor, the property is fully let to two tenants and producing a total aggregate rent of £41,700 per annum.
The ground floor is let to Petiscos Limited on a 20 year lease with no breaks expiring 01.11.2038 and paying £22,500 per annum.
The first floor comprises a one bedroom flat and is let on an Assured Shorthold Tenancy (AST) to a private individual expiring 31.08.2025 and paying £19,200 per annum (£1,600 pcm).
The property occupies a prominent corner pitch at the end of an established and popular local retail parade fronting Queens Road. The street comprises the principal retail amenity surrounding Buckhurst Hill underground station and is characterised by a mix of local and national retailers and residential accommodation.
Tenure
Freehold
Tenancy
Please see the below Tenancy Schedule and Legal Pack for more information.
Rent