Bray Fox Smith's Property Search

FOR SALE – INCOME PRODUCING LAND OPPORTUNITY

Key Features

• The site comprises a 3-bed end of terrace house, a 2-storey commercial building and yard area housing a number of containers and ample parking totalling c.0.91 acre (0.37 ha)
• The site is subject to various tenancies which expire 30 June 2027.
• The leases have mutual break options subject to 6 months’ notice thereby vacant possession can be gained with relative ease.
• £121,803.96 per annum gross income across 9 tenancies (landlord pays for utilities).
• 1.4 miles (2.25 km) to High Wycombe station and town centre.
• 1.74 miles (2.8 km) to j3 M40
• Opportunity for occupation or redevelopment of the whole or part for commercial, storage or a variety of residential uses, subject to the necessary planning consents.

Description

The commercial building provides c.11,403 sq ft (1,059.4 sq m) of accommodation over 2 storeys with a further 1,340 sq ft (124.5 sq m) of outbuildings.

Extensive yard area with numerous containers for storage use.

The residential elements comprise a vacant 3 bed end of terrace detached house requiring full modernisation and external works.

Location

The site is located on the A40 London Road, the main route to the town centre from west of High Wycombe. High Wycombe is surrounded by attractive towns and villages including Marlow, Beaconsfield, Wooburn Green and Bourne End.

High Wycombe station and the town centre are 1.4 miles (2.25 km).

Junction 3 M40 is 1.74 miles (2.8 km) away providing quick access to the M25 junction 16 (9 miles away).

There is a Tesco Express opposite the property and several trade operators nearby.

Wycombe Retail Park is a short walk along London Road with leading retailers and food operators including M&S Food, Wickes and KFC.

Proposal

Our client is seeking a disposal of the commercial element with the yard area and a number of containers.

Offers sought in the region of £2,000,000 on an unconditional basis. The house may be available by separate negotiation.