Commercial Properties for Sale near the Chipperfield, UK

Amersham Office for Sale

This rare opportunity will be of interest to investors and owner occupiers alike. Investors - the opportunity to let the vacant space, with strong local occupier demand in a market with very limited supply. PDR office to residential conversion has significantly reduced the supply of quality office space locally and occupiers are finding it increasingly difficult to secure good quality offices that meet the requirements of a modern business, with an open plan environment and a high specification. Owner occupiers - the rare opportunity to purchase modern freehold offices in Amersham with partial income and the chance to expand into space currently occupied on short term leases. As the supply of offices reduces further locally in the face of conversion to residential, securing a long-term business home is becoming increasingly strategically important especially for businesses that are geographically tied. Units 4-7 offer modern high quality office space on an established office park close to the town centre with excellent transport connections. Each unit has 12 allocated car parking spaces. The offices offer highly flexible office space, with different configurations, suitable for a range of commercial uses under current planning policy. The current income is £181,237.50 per annum, let on four separate leases to three tenants, highlighted in the tenancy schedule. Space within the units has recently become vacant (highlighted in yellow) and offers an investor the opportunity to secure additional income, estimated to be in the region of £97,000 per annum £23.00 per sq ft). At a purchase price of £3M and full income of circa 278,237.50 per annum, the net initial yield would be around 8.71%. 58% of the current income is from Addo Play Ltd. Company number 09438682. 21.5% of the current income is from The Entertainer (Amersham) Limited. Company number 02057757. 20.5% of the current income is from De Rigo (UK) Limited. Company number 03011001. Addo Play Limited is a British toy company established in 2015, headquartered in Amersham, focusing on the design and distribution of a diverse range of toys, including proprietary and licensed products. Addo Play Limited is wholly owned by TEAL Group Holdings Ltd. Turnover to FY ending 27 January 2024 was £31.8M. The Entertainer (Amersham) Limited is the UK’s largest independent toy retailer, operating under the trading name “The Entertainer.” Established in 1986 and headquartered in Amersham, the company specializes in the retail sale of games and toys. For the FY ending 27 January 2024, turnover was £208.36 million. The Entertainer significantly grew its retail footprint in 2024 following the major roll-out of more than 850 brand-new toy shops within Tesco stores, expanding its presence in the UK and Republic of Ireland. In addition, The Entertainer opened two new concept stores in Milton Keynes and Exeter as forerunners of a new location strategy as the business re-shapes its UK physical presence over the next two years. The company is wholly owned by TEAL Group Holdings Ltd. De Rigo (UK) Limited is a private limited company incorporated on 12 January 1995, operating in the non-specialised wholesale trade sector (SIC code 46900). The company is a subsidiary of the Italian eyewear conglomerate De Rigo Group, which designs, produces, and distributes high-end prescription frames and sunglasses across over 100 countries. The Group’s consolidated turnover for 2024 reaches €536 million. The Retail division’s turnover was up 7.2% to €260.2 million, compared to the €242.8 million achieved in 2023.

Date on Market:

02/06/2025

Amersham Office for Sale - Chiltern

Offers are invited in excess of £1,000,000. We are informed VAT is applicable to the purchase price. The property is held by way of a 999 year lease from September 2007. An estate service charge applies in respect of the external areas.

Date on Market:

29/04/2025

Amersham Office for Sale - Chiltern

Date on Market:

03/02/2025

Hemel Hempstead Office for Sale

Price on application

Date on Market:

18/09/2024

Watford Industrial for Sale

The property is offered as an investment sale of the virtual freehold. It is held on a ground lease with approx. 992 years remaining (at a peppercorn ground rent) subject to a new effective full repairing and insuring underlease to Nairobi Coffee & Tea Company Limited (The) - Company number: 00399998. The underlease being for a term of 10 years subject to an open market rent review at the 5th year at a rent of £20,000 per annum exclusive plus VAT. The lease will also be subject to a tenant option to determine at the 5th year upon 6 months prior notice.

Property Subtype:

Warehouse

Date on Market:

13/08/2024

Watford Retail for Sale

The freehold interest to 125-127 High Street in Watford is available for offers in excess of £4,000,000.

Property Subtype:

Shopfront

Date on Market:

06/11/2023

Amersham Office for Sale

Offers in excess of £1,200,000 VAT is payable on the purchase price.

Date on Market:

17/09/2024