35 High Street Chesham Bucks HP5 1BW

35 High Street
Chesham
Bucks
HP5 1BW

Freehold Retail Investment with Development Potential

  • Let to Blacks Outdoor Retail Limited (t/a Millets) – part of JD Sports Fashion Plc
  • Vacant possession on upper floors with residential development potential (see Planning Paragraph below)
  • Attractive market town in the Chiltern Hills
  • Nearby occupiers include Boots, Superdrug, M&Co, Costa, and Waterstones
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    19
  • Auction
    16th February 2017
  • Rent
    £30,000 per Annum Exclusive
  • Status
    Sold Post
  • Price
     
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • Expand
  • Photos
  • Map

* More information on the term "guide" can be found here

Freehold Retail Investment with Development Potential

  • Let to Blacks Outdoor Retail Limited (t/a Millets) – part of JD Sports Fashion Plc
  • Vacant possession on upper floors with residential development potential (see Planning Paragraph below)
  • Attractive market town in the Chiltern Hills
  • Nearby occupiers include Boots, Superdrug, M&Co, Costa, and Waterstones
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 19
  • Auction 16th February 2017
  • Rent
  • Status Sold Post
  • Price  
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
Miles
11 miles south-east of Aylesbury, 25 miles north-west of London
Roads
M25, M4, M40, M1
Rail
Chesham Underground station (Metropolitan Line)
Air
London Heathrow Airport, London Luton Airport
Situation

Chesham is an attractive Buckinghamshire market town situated on the south side of the Chiltern Hills. The property is located in a prominent trading position on the north side of the pedestrianised
High Street, close to the junction with Station Road. Nearby occupiers include, Boots, Superdrug, M&Co, Costa and Waterstones as well as being in close proximity to Sainsbury's and Waitrose.

Tenure

Freehold.

Location
Miles
11 miles south-east of Aylesbury, 25 miles north-west of London
Roads
M25, M4, M40, M1
Rail
Chesham Underground station (Metropolitan Line)
Air
London Heathrow Airport, London Luton Airport
Situation

Chesham is an attractive Buckinghamshire market town situated on the south side of the Chiltern Hills. The property is located in a prominent trading position on the north side of the pedestrianised
High Street, close to the junction with Station Road. Nearby occupiers include, Boots, Superdrug, M&Co, Costa and Waterstones as well as being in close proximity to Sainsbury's and Waitrose.

Tenure

Freehold.

Description

The property comprises a ground floor retail unit with self-contained office accommodation at first and second floors accessed via High Street. The property benefits from rear access via East Street which provides delivery access and car parking for approximately 4 cars.

VAT

VAT is applicable to this lot.

Planning

Permitted Development consent was granted in January 2014 for for change of use from office (B1(A)) to two residential units (Use Class 3) of the first and second floors (Ref: CH/2013/1968/PNO). This planning permission lapsed on 30th May 2016. On 6th January 2017 the Seller submitted Prior Notification Under Class O Of Part 3, Schdeule 2 Of The Town and Country Planning (General Permitted Development) (ENGLAND) Oder 2015 - Change Of Use From Office (Use Class B1(a)) To Two Residential Units (Use C3) and is currently awaiting a decision. Please refer to Chiltern District Council Planning for more information (Ref: CH/2017/0024/PNO).

Completion Period

Six Week Completion

EPC

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

Description

The property comprises a ground floor retail unit with self-contained office accommodation at first and second floors accessed via High Street. The property benefits from rear access via East Street which provides delivery access and car parking for approximately 4 cars.

VAT

VAT is applicable to this lot.

Planning

Permitted Development consent was granted in January 2014 for for change of use from office (B1(A)) to two residential units (Use Class 3) of the first and second floors (Ref: CH/2013/1968/PNO). This planning permission lapsed on 30th May 2016. On 6th January 2017 the Seller submitted Prior Notification Under Class O Of Part 3, Schdeule 2 Of The Town and Country Planning (General Permitted Development) (ENGLAND) Oder 2015 - Change Of Use From Office (Use Class B1(a)) To Two Residential Units (Use C3) and is currently awaiting a decision. Please refer to Chiltern District Council Planning for more information (Ref: CH/2017/0024/PNO).

Completion Period

Six Week Completion

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 Reversion
Ground Retail
195.83 sq m
(2,108 sq ft)
BLACKS OUTDOOR
RETAIL LIMITED (1)
T/A MILLETS
5 years from
01/05/2013
£30,000 30/04/2018
First
Second
Office
Office
68.46 sq m
68.46 sq m
(737 sq ft)
(737 sq ft)
VACANT POSSESSION
(SEE PLANNING
PARAGRAPH)
     
Total  
332.75 sq m
(3,582 sq ft)
    £30,000  

(1) Blacks Outdoor Retail Limited is a subsidiary (and part of The Outdoor Division) of JD Sports Fashion plc, currently trading from around 80 Millets and 74 Blacks stores. (Source: www.jdplc.com and www.millets.co.uk 18/01/2017).

Property Documents

  • Catalogue Page
    Updated Date
    29.10.19
    File Size
    532 KB
    View PDF
  • Site Plan
    Updated Date
    29.10.19
    File Size
    124 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Associate Auctioneers
Cedar Harp Limited Sutherland House, 70/78 West Hendon Broadway
London
NW9 7BT
David Landy 020 8202 1624lbrown@cedarharp.com
Seller's Solicitors
Howard Kennedy Solicitors No.1 London Bridge
London
SE1 9BG
Katherine Miller 02037 555 608katherine.miller@howardkennedy.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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