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Investment Highlights
- Town Centre Location.
- Redevelopment/Conversion Potential (stp)
- Self-Contained Ground and First Floors.
- Rear Yard/Loading
Executive Summary
RETAIL & OFFICE INVESTMENT (Part vacant - Office may be suitable for alternative use stp)
Offers are invited in excess of £700,000 for the freehold interest. We are informed VAT is not applicable.
The property comprises a two-storey terraced building under a pitched roof, with a lock-up shop on ground floor and a separately accessed first floor office suite, currently in use as a beauty business.
The ground floor shop is let to Alan M Bass, Carol A Bass, Paul S Bass t/a “The Chiltern Florists”, who are holding over under the terms of a lease which expired 28th September 2022 at a passing rent of £27,000pax. No terms have been quoted for a renewal lease. The first-floor lease has expired and the tenant is making arrangements to vacate.
Offers are invited in excess of £700,000 for the freehold interest. We are informed VAT is not applicable.
The property comprises a two-storey terraced building under a pitched roof, with a lock-up shop on ground floor and a separately accessed first floor office suite, currently in use as a beauty business.
The ground floor shop is let to Alan M Bass, Carol A Bass, Paul S Bass t/a “The Chiltern Florists”, who are holding over under the terms of a lease which expired 28th September 2022 at a passing rent of £27,000pax. No terms have been quoted for a renewal lease. The first-floor lease has expired and the tenant is making arrangements to vacate.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
1,385 sq ft
Year Built
1920
Price
£700,000
Price per sq ft
£505.42
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Parking
2 Spaces (1.44 Spaces per 1,000 sq ft Leased)
Frontage
20 ft on Station Para
Amenities
- Commuter Rail
- Dedicated Turn Lane
Major Tenants
- Tenant
- Industry
- sq ft Occupied
- Rent/sq ft
- Lease End
- Dale-lace & Co
- -
- -
- -
- -
- Viewpoint Actionmedia
- -
- -
- -
- -
| Tenant | Industry | sq ft Occupied | Rent/sq ft | Lease End | ||
| Dale-lace & Co | - | - | - | - | ||
| Viewpoint Actionmedia | - | - | - | - |
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Nearby Major Retailers
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Videos
Matterport 3D Exterior
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Photos
Street View
Street
Map
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6 Station Para
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