Entirely let to FC PO Limited & Individuals t/a WHSmith Local & Post Office
Let until September 2031 (no breaks)
Includes separately accessed split level three bed maisonette on the first and second floors
Affluent and popular Buckinghamshire village between Beaconsfield and Stoke Poges
Vat-free investment
Lot 5
Auction 11th February 2021
Rent £24,750 per Annum Exclusive
Status Sold Prior
Price
Sector High Street Retail
Auction Venue Live Streamed Auction
Property Information
Location
Miles
4 miles south of Beaconsfield
6 miles north of Windsor
24 miles west of Central London
Roads
M4, M25, M40
Rail
Air
London Heathrow
Situation
Farnham Common is an affluent and attractive commuter village in Buckinghamshire, between Beaconsfield and Stoke Poges, and approximately 24 miles west of Central London. The property is located less than six miles to Junction 1A of the M40 motorway at its junction with the M25 (J16). The property is situated in a prominent location on the east side of The Parade (Beaconsfield Road), in the heart of Farnham Common. Nearby occupiers include Sainsbury's Local, Tesco Express, Costa Coffee and various independent retailers, cafe's and restaurants.
Tenure
Freehold.
Location
Miles
4 miles south of Beaconsfield
6 miles north of Windsor
24 miles west of Central London
Roads
M4, M25, M40
Rail
Air
London Heathrow
Situation
Farnham Common is an affluent and attractive commuter village in Buckinghamshire, between Beaconsfield and Stoke Poges, and approximately 24 miles west of Central London. The property is located less than six miles to Junction 1A of the M40 motorway at its junction with the M25 (J16). The property is situated in a prominent location on the east side of The Parade (Beaconsfield Road), in the heart of Farnham Common. Nearby occupiers include Sainsbury's Local, Tesco Express, Costa Coffee and various independent retailers, cafe's and restaurants.
Tenure
Freehold.
Description
The property comprises a three storey building, arranged as a ground floor shop/post office, with a three bedroom split-maisonette on the first and second floors, accessed separately from the front and rear. The Property benefits from parking to the rear-please see Legal Pack for extent of title to be transferred on completion.
VAT
VAT is not applicable to this lot.
EPC
Shop - C. Flat - E. See legal pack at www.acuitus.co.uk.
Description
The property comprises a three storey building, arranged as a ground floor shop/post office, with a three bedroom split-maisonette on the first and second floors, accessed separately from the front and rear. The Property benefits from parking to the rear-please see Legal Pack for extent of title to be transferred on completion.
VAT
VAT is not applicable to this lot.
EPC
Shop - C. Flat - E. See legal pack at www.acuitus.co.uk.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Review
Ground First/Second
Retail/Ancillary 3 bed maisonette
48.87 sq m 103.40 sq m
(526 sq ft) (1,113 sq ft)
FC PO LIMITED & U. SONDAGAR & M. SONDAGAR t/a WHSmith Local (1)
Approximately 14 years and 5 months from 19/04/2017 until 28/09/2031 on a full repairing and insuring lease
£24,750
29/09/2021 29/09/2026
Total
152.27 sq m
(1,639 sq ft)
£24,750
(1) We understand that the tenant sublets the maisonette at £925 pcm (£11,100 pa).
If you are the successful bidder, Acuitus requires a separate payment of £1,250+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
