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