Lincoln Rd
High Wycombe HP12 3RE
Bishops Court · Office Property For Sale

Investment Consideration: Vacant possession VAT is applicable to this property GDV circa £1,400,000 and gross rent of 7 apartments is £105,000-£115,000 p.a. with further upside potential using serviced accommodation. Circa 9% build to rent opportunity Comprises four-storey vacant office building Total NIA: 335 sq m (3,606 sq ft) Property benefits from 10 car parking spaces Permitted development granted for conversion of existing office building (Class E) to create 6 x 1-bed and 1 x 2-bed apartments Each dwelling would benefit from associated car parking Lincoln's Inn Office Village is an attractive courtyard development of 12 office buildings with associated parking spaces and very good mature landscaping Nearby occupiers include Subway, Screwfix, Takeaway, Offices and many more. Property Description: The property comprises four-storey office building with associated parking. The upper floors are self-contained with direct access from the ground floor, providing the following accommodation and dimensions: Ground Floor: 93 sq m (1,001 sq ft) Open plan office, Kitchenette First Floor: 93 sq m (1,001 sq ft) Open plan office, Kitchenette, Balcony, WC Second Floor: 93 sq m (1,001 sq ft) Open plan office, Kitchenette, WC Third Floor: 80 sq m (861 sq ft) Open plan office, Kitchenette, Total gross internal area: 359 sq m (3,864 sq ft) Total net internal area: 335 sq m (3,606 sq ft) Development Opportunity: Permitted development granted for conversion of existing office building (Class E) to create 6 x 1-bed and 1 x 2-bed apartments. Each 1-bed dwelling will have 1 allocated parking space, while the 2-bed will have 2 parking spaces. One of the 1-bed apartments would also benefit from its own balcony. The proposed development would provide the following accommodation and dimensions: Ground Floor: Flat 1 - 42.10 sq m (453 sq ft) Bedroom, Kitchen/Living Room, Bathroom Flat 2 - 48.40 sq m (521 sq ft) Bedroom, Kitchen/Living Room, Study, Bathroom First Floor: Flat 3 - 43.30 sq m (466 sq ft) Bedroom, Kitchen/Living Room, Bathroom Flat 4 - 44.90 sq m (483 sq ft) Bedroom, Kitchen/Living Room, Bathroom Second Floor: Flat 5 - 43.30 sq m (466 sq ft) Bedroom, Kitchen/Living Room, Bathroom Flat 6 - 44.90 sq m (483 sq ft) Bedroom, Kitchen/Living Room, Bathroom Third Floor: Flat 7 - 66.50 sq m (716 sq ft) 2 Bedrooms, Kitchen/Living Room, Study Area, Bathroom Total proposed net internal area: 333.40 sq m (3,588 sq ft) For more information, please refer to Buckinghamshire Wycombe Area Planning portal. Click here for direct access to the planning application 23/07133/PNPCR Location: High Wycombe is strategically located on the M40 motorway 30 miles west of Central London and excellent road communications are available to other principal towns in the Greater Thames Valley region. There are very good train services to London Marylebone with a fastest journey time of approximately 25 minutes. Lincoln's Inn Office Village is an attractive courtyard development of 12 office buildings with very good mature landscaping. Nearby occupiers include Subway, Screwfix, Takeaway, Offices and many more.