Freehold Retail Investment
Freehold Retail Investment
Princes Risborough is a market town in Buckinghamshire with good links to Central London (38 minutes to London Marylebone by train). The property is located on the western side of Duke Street, which connects the town's Tesco Superstore to the north with the High Street and Market Square to the south. Nearby occupiers include Boots Opticians, Coral and TSB, as well as a number of independent retailers.
Freehold.
Princes Risborough is a market town in Buckinghamshire with good links to Central London (38 minutes to London Marylebone by train). The property is located on the western side of Duke Street, which connects the town's Tesco Superstore to the north with the High Street and Market Square to the south. Nearby occupiers include Boots Opticians, Coral and TSB, as well as a number of independent retailers.
Freehold.
The property comprises two ground floor retail units with two residential flats. The ground floor flat is let on an Assured Shorthold Tenancy and benefits from a garden area and future development potential (subject to consents). The first and second floor maisonette has been sold off on a long lease.
VAT is not applicable to this lot.
Six Week Completion
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises two ground floor retail units with two residential flats. The ground floor flat is let on an Assured Shorthold Tenancy and benefits from a garden area and future development potential (subject to consents). The first and second floor maisonette has been sold off on a long lease.
VAT is not applicable to this lot.
Six Week Completion
The EPC will be available to view online in the solicitor’s legal pack.
| Unit | Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Reversion | |
|---|---|---|---|---|---|---|---|---|
| 15B | Ground | Retail | 16.70 sq m |
(180 sq ft) |
INDIVIDUALS t/a Safir Jewellers (1) |
6 years from 23/06/2013 |
£5,000 | 22/06/2019 |
| 15C | Ground | Retail | 20.00 sq m |
(215 sq ft) |
INDIVIDUALS t/a KC Barbers |
5 years from 04/03/2013 |
£5,500 | 03/03/2018 |
| 15 | Ground | Residential | 1 Bedroom Flat |
INDIVIDUAL | 1 year AST from 17/02/2017 |
£8,100 | 17/02/2018 | |
| 15 | First and Second |
Residential | 1 Bedroom Maisonette |
INDIVIDUALS | 189 years from 24/06/1983 |
£50 | 23/06/2172 | |
| Total | 36.70 sq m |
(395 sq ft) |
£18,650 | |||||
(1) Established since 2001, Safir Jewellers is an independent jeweller (Source: www.safir.co.uk 15/06/2017).
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