Nearby occupiers include Prezzo, Waitrose, Tesco, Boots, Subway and M&Co
Lot 46
Auction 14th February 2018
Rent £33,000 per Annum Exclusive
Status Withdrawn Post
Price
Sector Medical/Healthcare
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
20 miles north-east of Oxford, 50 miles south-east of Birmingham, 50 miles north-west of London
Roads
A422, A421, A43, M40
Rail
Milton Keynes Central
Air
Luton Airport
Situation
Buckingham is an affluent and thriving market town situated 20 miles north-east of Oxford. The property is positioned on the north side of High Street, a short distance form Buckingham’s main commercial pitch. Nearby occupiers include Prezzo, Waitrose, Tesco, Boots, Subway and M&Co.
Tenure
Freehold.
Location
Miles
20 miles north-east of Oxford, 50 miles south-east of Birmingham, 50 miles north-west of London
Roads
A422, A421, A43, M40
Rail
Milton Keynes Central
Air
Luton Airport
Situation
Buckingham is an affluent and thriving market town situated 20 miles north-east of Oxford. The property is positioned on the north side of High Street, a short distance form Buckingham’s main commercial pitch. Nearby occupiers include Prezzo, Waitrose, Tesco, Boots, Subway and M&Co.
Tenure
Freehold.
Description
The property comprises two consulting rooms, an office and ancillary areas on ground floor, five consulting rooms with offices and ancillary accommodation on the first floor and office accommodation on the second floor. The property benefits from the right to car parking at the rear of the property.
VAT
VAT is not applicable to this lot.
Note
The buyer will pay 3% of the purchase price to the Seller. Please see Special Conditions of Sale.
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 consulting rooms, an office and ancillary areas on ground floor, five consulting rooms with offices and ancillary accommodation on the first floor and office accommodation on the second floor. The property benefits from the right to car parking at the rear of the property.
VAT
VAT is not applicable to this lot.
Note
The buyer will pay 3% of the purchase price to the Seller. Please see Special Conditions of Sale.
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
Reviews/ (Reversion)
Ground First Second
Medical Centre
80.43 sq m 167.18 sq m 39.95 sq m
(866 sq ft) (1,799 sq ft) (430 sq ft)
INDIVIDUAL DOCTORS t/a The Swan Medical Centre (1)
15 years from 24/01/2013 (2) on a full repairing and insuring lease
£33,000
23/01/2019 and 3 yearly (23/01/2028)
Total
287.56 sq m
(3,095 sq ft)
£33,000
(1) We understand that the tenants as Registered General Practitioners qualify under The National Health Services Act 1977. The National Health Service (General Medical Services - Premises Costs) (England) Directions 2004 provides for the Primary Care Trust to reimburse for leasehold premises rental costs. A copy of the directive is available in the legal pack. (2) The lease provides an option to determine on 24/01/2023.
