50-52 High Street Billericay Essex CM12 9BS

50-52 High Street
Billericay
Essex
CM12 9BS

Freehold Long Let Leisure Investment

Entirely let to Loungers UK Ltd on a new 15 year lease (no breaks)
Circa 573.90 sq m (6,176 sq ft)
Tenant recently completed extensive refurbishment
Affluent commuter town
Nearby occupiers include Waitrose, Gails, Costa, Caffe Nero, Specsavers and Holland & Barrett
VAT free investment

Lot
19
Auction
18th September 2025
Rent
£85,000 per Annum Exclusive
Status
Available
Guide*
£1,000,000 - £1,100,000
Auction Venue
Live Streamed Auction

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Freehold Long Let Leisure Investment

Entirely let to Loungers UK Ltd on a new 15 year lease (no breaks)
Circa 573.90 sq m (6,176 sq ft)
Tenant recently completed extensive refurbishment
Affluent commuter town
Nearby occupiers include Waitrose, Gails, Costa, Caffe Nero, Specsavers and Holland & Barrett
VAT free investment

Lot 19
Auction 18th September 2025
Rent £85,000 per Annum Exclusive
Status Available
Guide* £1,000,000 - £1,100,000
Sector
Retail, Leisure
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 7 miles south west of Chelmsford, 25 miles north east of Central London
Roads: A12, A129, A176
Rail: Billericay Railway Station (29 mins direct to London Liverpool Street)
Air: London City Airport, London Stanstead Airport

Situation

Billericay is an affluent and attractive London commuter town, benefitting from direct trains to London Liverpool Street in just 29 minutes. The property is situated on the east side of High Street in the heart of the town centre. Nearby occupiers include Waitrose, Gails, Costa, Caffe Nero, Specsavers and Holland & Barrett.

Tenure

Freehold.

Location

Miles: 7 miles south west of Chelmsford, 25 miles north east of Central London
Roads: A12, A129, A176
Rail: Billericay Railway Station (29 mins direct to London Liverpool Street)
Air: London City Airport, London Stanstead Airport

Situation

Tenure

Freehold.

Description

The property comprises a substantial cafe/bar arranged over the ground and first floors, benefitting from loading to the rear via Chapel Street. The tenant spent circa £1.1m on a full refurbishment last year prior to opening.

VAT

VAT is not applicable to this lot.

EPC

C68

Description

VAT

VAT is not applicable to this lot.

EPC

C68

Tenancy & Accommodation

Floor	Use	Floor Areas Approx sq m (1)	Floor Areas Approx sq ft (1)	Tenant	Term	Rent p.a.x.	Rent Reviews
Ground First	Cafe/Bar Cafe/Bar//Ancillary	294.30 279.60	(3,167) (3,009)	LOUNGERS UK LIMITED t/a Maggio Lounge (2)	15 years from completion	£85,000	5 yearly
Total		573.90	(6,176)			£85,000

(1) The floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk).
(2) Loungers is a substantial and growing operator in the UK hospitality sector. As of March 2025, Loungers operates 291 sites in England and Wales across three distinct but complementary brands, Lounge, Cosy Club and Brightside (www.loungers.co.uk). For the year ending 21/04/2024, Loungers UK Limited reported a turnover of £353,486,000, a pre-tax profit of £14,917,000 and a shareholders funds of £90,367,000 (NorthRow 14/07/2025).

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.