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£22,500 pa

(£36.00/sq. ft. pa)

Restaurant to let
Queens Road, Buckhurst Hill IG9

    • 625 sq. ft

  • EPC Rating: B

Added on 24/07/2024

About this property

  • Confidentially available

  • Established restaurant business for sale

  • Includes fixtures, fitting & equipment

  • 46 covers in total

  • Alcohol licence

  • Gas supply & 3-phase electricity

** restaurant business for sale ** - Established restaurant business for sale in Buckhurst Hill. The premises comprise a ground floor restaurant of approximately 625 sq ft (58.1 sq m) which consists of a seating area, food preparation area and kitchen. The premises currently benefit from 38 covers inside with an additional 8 covers outside, 3-phase electricity & gas supply, Fitted kitchen & food preparation area (a full list of fixtures & fittings is available on request), Alcohol licence, Air-conditioning and Toilet facilities. Please call Clarke Hillyer on for further information.

Location

Situated on 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. Car parking facilities (pay and display) are available on the street and in the station car park. 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

The premises comprise a ground floor restaurant of approximately 625 sq ft (58.1 sq m) which consists of a seating area, food preparation area and kitchen. The premises currently benefit from the following:
- 38 covers inside with an additional 8 covers outside
- 3-phase electricity & gas supply
- Fitted kitchen & food preparation area (a full list of fixtures & fittings is available on request)
- Alcohol licence
- Air-conditioning
- Toilet facilities

Terms

The premises are held on a 20 year lease from 2018, subject to 5 yearly rent reviews, and the current passing rent is £22,500 per annum. The outgoing tenant is seeking a premium for goodwill, fixtures, fittings and equipment. Premium on application.

Business Rates

Epping Forest District Council have informed us of the following:
2023 Rateable Value: £21,500
2025/26 ubr: 0.499 P/£
2025/26 Rates Payable: £10,728.50
Interested parties are advised to ascertain current rate liability with the Local Authority.

Legal Costs

To be covered by the ingoing tenant.

Viewings

The premises are available on a confidential basis and therefore all viewings must be accompanied. Please call Clarke Hillyer on to arrange a viewing.

Epc

The premises have an Energy Performance Certificate rating of B.

More information

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