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Retail Property (high street) for sale

4 Chenies Parade, Little Chalfont, HP7

Removed £400,000
734 sq. ft.

Property Description

Commercial information

  • 734 sq ft (68 sq m)

Key features

  • VALUABLE RETAIL INVESTMENT FOR SALE
  • Ground floor retail accommodation
  • Central location within Little Chalfont village centre
  • refurbished to provide a good quality artisan bakery.
  • Customer parking to the front of the premises
  • 999 year lease for the subject property from September 2000.
  • The property is to be held on a new effective full repairing and insuring lease for a term of 12 months at a rental of 25,000 per annum exclusive to Rex Bakery Ltd (Company number 08772910) and this
  • Offers sought in the region of 400,000 which reflects a gross initial yield in the order of 6.25%.

Full description

VALUABLE RETAIL INVESTMENT FOR SALE. The property provides ground floor retails accommodation within Chenies Parade, a popular retail destination in a central location within the village centre, together with customer car parking to the front. The unit has been refurbished to provide a good quality artisan bakery. The whole freehold structure is owned by Chenies Parade Management Ltd and has granted a 999 year lease for the subject property from September 2000. The leaseholder of the shops, owns shares in Chenies Parade Management Ltd. Offers sought in the region of £400,000 which reflects a gross initial yield in the order of 6.25%. The property is to be held on a new effective full repairing and insuring lease for a term of 12 months at a rental of £25,000 per annum exclusive to Rex Bakery Ltd (Company number 08772910) and this is guaranteed by Glendevon Trading Ltd.


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