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Retail Units with Living Accommodation - Long Leasehold For Sale
Price:
Leasehold - £250,000
Seller Ref:
235mrhw
Location:
Buckinghamshire , Micklefield Road, High Wycombe
Business Type:
Commercial Property
See Other:
Development sites for sale in Buckinghamshire
Investment properties for sale in Buckinghamshire
Retail space for sale in Buckinghamshire
Commercial property for sale in Buckinghamshire
Description:
THE BUSINESS:
Retail premises currently divided into two Shops.
Larger Shop is approx. 970 sq.ft. with rear Stores of circa 450 sq.ft. and 3-bedroom Flat above with own access - remainder is approx. 614 sq.ft. Kitchens and Toilet facilities.
Large Yard and car parking area to the rear - adjoining owner has a right of way.
Both leases expire 25 March 2010.
The Convenience Store and Flat’s rent is £9500 p.a. and Corals pay £5000 p.a.
Leases on repairing and insuring basis.
Prominent corner location, the site offers potential for further development, subject to Planning.
Lease Terms:
Long lease available to purchase from Wycombe District Council, 47 years remaining, ground rent of £105 p.a.
Council may consider selling the freehold.
Accommodation:
Currently, Flat available with larger shop.
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