68 Packhorse Rd 1,959 sq ft 100% Let Retail Property Gerrards Cross SL9 8EF £1,100,000 (£561.51/sq ft) 6.90% Net Initial Yield

Freehold town centre retail and residential investment for sale. Offers in excess of £1,100,000 for the freehold interest in the building.
The property comprises a highly prominent retail unit with a return frontage, and two large 2-bed flats with a separate residential entrance in Oak End Way.
The ground floor tenant, Heidi & Hudson, have been in occupation for 14 years. The shop is beautifully presented.
The retail unit is let for a term of 15 years from March 2012 with 5 yearly rent reviews and on effectively fully repairing terms, at a current rent of £42,500 p.a. The flats are let
at £20,100 p.a. and £18,000 p.a. on Assured Periodic Tenancies. Total income stands at £80,600 p.a.