43 - 45 Duke Street Henley-on-Thames Oxfordshire RG9 1UR

43 - 45 Duke Street
Henley-on-Thames
Oxfordshire
RG9 1UR

Freehold Retail (and Residential Ground Rent) Investment

Shop entirely let to D.Jack (trading as Hubbledays of Henley) (part sublet to tenant trading as Noa Noa)
Self-contained residential accommodation on upper floors
Town centre location close to Henley-on-Thames Railway Station and retailers including Costa Coffee, Maison Blanc, Patisserie Valerie and Starbucks
Affluent and Historic Oxfordshire town – home of the Henley Royal Regatta
For the Seller's Legal Pack, please click the Property Documents tab below
For a Buyer's Legal Report please click <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>

Lot
2
Auction
11th February 2016
Rent
£52,500 per Annum Exclusive
Status
Sold
Price
£652,000
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG
On the Instructions of the Administrators

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Freehold Retail (and Residential Ground Rent) Investment

Shop entirely let to D.Jack (trading as Hubbledays of Henley) (part sublet to tenant trading as Noa Noa)
Self-contained residential accommodation on upper floors
Town centre location close to Henley-on-Thames Railway Station and retailers including Costa Coffee, Maison Blanc, Patisserie Valerie and Starbucks
Affluent and Historic Oxfordshire town – home of the Henley Royal Regatta
For the Seller's Legal Pack, please click the Property Documents tab below
For a Buyer's Legal Report please click <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>

Lot 2
Auction 11th February 2016
Rent £52,500 per Annum Exclusive
Status Sold
Price £652,000
Sector
High Street Retail
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG
On the Instructions of the Administrators

Property Information

Location

Miles: 8 miles north-east of Reading, 23 miles south-east of Oxford, 36 miles west of Central London
Roads: A4, A404, A4130, M4, M40
Rail: Henley-on-Thames Railway Station
Air: Heathrow Airport

Situation

The property is situated in a prominent location on Duke Street, south of Hart Street and Market Place in the heart of the town centre. The property is located a short walk from Henley-on-Thames Station and close to retailers including Costa Coffee, Laura Ashley, Maison Blanc, Patisserie Valerie and Loch Fyne Restaurant.

Tenure

Freehold.

Location

Miles: 8 miles north-east of Reading, 23 miles south-east of Oxford, 36 miles west of Central London
Roads: A4, A404, A4130, M4, M40
Rail: Henley-on-Thames Railway Station
Air: Heathrow Airport

Situation

Tenure

Freehold.

Description

The property comprises two shops arranged on the ground floor, with two self-contained flats arranged on first and second floors accessed from Duke Street.

Six Week Completion

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x
Ground	Retail/Ancillary (t/a Hubbledays of Henley)	63.29 sq m	(681 sq ft)	D.JACK (1) (t/a Hubbledays of Henley)	12 years from 11/11/2003 until 10/11/2015 (Holding Over)	£52,500
Ground	Retail/Ancillary (t/a Noa Noa)	66.14 sq m	(712 sq ft)	D.JACK (1) (t/a Hubbledays of Henley)	12 years from 11/11/2003 until 10/11/2015 (Holding Over)	£52,500
First/Attic	Residential	-	(-)	AN INDIVIDUAL	125 years from 04/12/1990 until 03/12/2115	Peppercorn
First/Attic	Residential	-	(-)	AN INDIVIDUAL	125 years from 08/02/1991 until 07/02/2116	Peppercorn
Total Commercial Area		129.43 sq m	(1,393 sq ft)			£52,500

(1) Hubbledays of Henley are involved in the sale of household goods and kitchenware and have been trading in Henley for about 25 years. We understand that the part of the property trading as Noa Noa has been sublet.

NB: The seller has served notice on the residential lessees under Section 5B of the Landlord and Tenant Act 1987. The qualifying tenants have not responded.