Commercial Property for sale

** FREEHOLD SHOP & STUDIO APARTMENT FOR SALE ** - Situated on Kings Place, which intersects with Queens Road, which is the main commercial and shopping area of Buckhurst Hill. Queens Road comprises numerous boutiques, cafes and restaurants, as well as a variety of independent occupiers. Comprising a ground floor shop, currently trading as a hair salon, with a self-contained 1st floor studio apartment above. The premises benefit from a parking space which is allocated to the shop. The shop is currently let on an annual rolling agreement at a rent of ï½£14,635 per annum and the studio is currently let for ï½£1,200 pcm, please call CLARKE HILLYER on 020 8501 9220 for further information.
Location - Situated on Kings Place, which intersects with Queens Road, which is the main commercial and shopping area of Buckhurst Hill. Queens Road comprises numerous boutiques, cafes and restaurants, as well as a variety of independent occupiers. 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 or the M25 at Waltham Abbey.
Description - Comprising a ground floor shop, currently trading as a hair salon, with a self-contained 1st floor studio apartment above. The premises benefit from a parking space which is allocated to the shop. The accommodation is more particularly described as follows:
Shop:
Sales area: 265 sq ft (24.6 sq m); Kitchen: 20 sq ft (1.9 sq m).
Toilet facilities also included as well as 1 allocated parking space.
1st floor studio:
Open plan living area with modern kitchen; sleeping area with separate shower room.
All measurements quoted are approximate only.
Tenancies - Shop: let on an annual rolling agreement at a rent of ï½£15,083 per annum.
Studio: currently rented out from December 2025 at a rent of ï½£14,400 per annum.
Current rental income - ï½£29,483 per annum.
Terms - The freehold is available, subject to the tenancy agreements on the shop and the studio apartment, for ï½£445,000.
Business Rates - Epping Forest Council have informed us of the following in respect of the shop:
2023 Rateable Value: ï½£10,500
2025/26 UBR: ï½£0.499
2025/26 Rates Payable: ï½£5,239.50
Tenants may benefit from Small Business Relief and interested parties are advised to contact the local authority to ascertain current rate liability.
Council Tax - The studio apartment is within Council Tax Band B.
Viewings - Strictly via sole agents Clarke Hillyer, tel 020 8501 9220.
Epc - The shop has an Energy Performance Certificate rating of D. The studio apartment has an Energy Performance Certificate rating of D.