Property Details

Freehold Retail Investment For Sale Prominent Town Centre Location Lease Just Renewed 6.25% Net Yield No Vat Successful Long-term Tenant Business Location The Premises Are Prominently Located In The Very Centre Of Old Beaconsfield At The Junction Of The A40 With The B474. The M40 Junction 2 Is Within ½ Mile And The Mainline Station Is 1 Mile Away. The Old Town Is A Specialist Retail Location Attracting Well Known Retail Brands, Including Farrow & Ball, Fired Earth, And Pizza Express, As Well As Many Restaurants And Hotels. Description The Property Comprises A Very Prominent Two-storey Grade Ii Listed Building With Return Frontage, With A Lock-up Shop On Ground Floor And A Separate 2-bed Flat On The First Which Has Been 'sold Off' On A Long Leasehold. The Approximate Shop Areas Are: Retail & Ancillary 63.55 M2 (684 Ft2) Tenancies The Ground Floor Of The Property Is Let To Ellie Sanderson Bridalwear Ltd On A Recently Renewed Lease For A Term Of 10 Years Expiring 20th October 2034 With A Mid-term Rent Review And Tenant Break At A Commencing Rent Of £42,000 P.a.x. The Flat Has Been Sold Off On A Long-leasehold Basis With 100 Years Unexpired And At A Ground Rent Of £150 P.a. Ellie Sanderson Bridalwear Ltd Was Established In 2006 And Now Trades From 2 Locations And Online (www.elliesanderson.co.uk). They Have Recently Comprehensively Refitted The Shop, Which Reopened In October 2024. Epcs Shop: C, Flat: N/a. Terms We Are Seeking Offers In Excess Of £650,000 For The Freehold Interest In The Building. Legal Costs Both Parties' Legal Costs To Be Borne By The Purchaser. Viewings Philip Marsh At Pmcd 01494 683642 Philip@pmcd.co.uk