15 Duke Street Princes Risborough Buckinghamshire HP27 0AT

15 Duke Street
Princes Risborough
Buckinghamshire
HP27 0AT

Freehold Retail Investment

  • Two Retail Units with Two Residential Flats (one sold off on Long Lease)
  • Future Development Potential (subject to consents)
  • Attractive Market Town Location
  • VAT Free Investment
  • Lot
    43
  • Auction
    13th July 2017
  • Rent
    £18,650 per Annum Exclusive
  • Status
    Withdrawn Post
  • Price
     
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
Important Update
  • Expand
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* More information on the term "guide" can be found here

Freehold Retail Investment

  • Two Retail Units with Two Residential Flats (one sold off on Long Lease)
  • Future Development Potential (subject to consents)
  • Attractive Market Town Location
  • VAT Free Investment
  • Lot 43
  • Auction 13th July 2017
  • Rent
  • Status Withdrawn Post
  • Price  
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
Miles
20 miles east of Oxford, 40 miles north-west of Central London
Roads
A4010, M40
Rail
Princes Risborough (38 mins to London Marylebone)
Air
London Heathrow, London Luton
Situation

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.

Tenure

Freehold.

Location
Miles
20 miles east of Oxford, 40 miles north-west of Central London
Roads
A4010, M40
Rail
Princes Risborough (38 mins to London Marylebone)
Air
London Heathrow, London Luton
Situation

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.

Tenure

Freehold.

Description

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

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

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

Description

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

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

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

Tenancy & Accommodation

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).

Property Documents

  • Catalogue Page
    Updated Date
    11.11.19
    File Size
    851 KB
    View PDF
  • Site Plan
    Updated Date
    11.11.19
    File Size
    2 MB
    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

Seller's Solicitors
Dentons UKMEA LLP 21 Station Road
Watford
WD17 1HT
Matthew Hind 020 7842 3311matthew.hind@dentons.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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