Church Road, High Wycombe

MIXED RESIDENTIAL / COMMERCIAL FREEHOLD FOR SALE 910 ft 2 (84.5 m 2 ) PLUS 2 FLOOR APARTMENT ABOVE THE STUDIO/DOLL'S HOUSE & THE LOFTHOUSE CHURCH ROAD, PENN, BUCKS, HP10 8LN • PROMINENT ROADSIDE LOCATION • POTENTIAL TO OCCUPY PART AND SUBLET PART • POTENTIAL TO CONVERT COMMERCIAL TO RESIDENTIAL • POPULAR VILLAGE LOCATION • EQUIDISTANT FROM BEACONSFIELD AND HIGH WYCOMBE LOCATION The property is located in a prominent position on the corner of Church Road and Elm Road (B474) in the centre of Penn. Penn is a mainly residential location with a selection of pubs and retail, situated 4 miles from both Beaconsfield and High Wycombe town centres, which both provide a wide range of shopping and leisure facilities, as well as the main road and rail links. What3Words Location: ///CONSOLES.LIGHT.ALLIES Beaconsfield Estate Agents Ltd and their clients give notice that (i) these particulars are issued as a general guide only and do not constitute part of an offer or contract. (ii) Whilst care is taken in the preparation of these details they cannot be relied upon as statements or representations of facts and no liability can be accepted as to their accuracy. Intending occupiers or purchasers should make their own investigations to satisfy themselves as to the facts, and should take professional advice. (iii) No person in the employment of Beaconsfield Este Agents Ltd has any authority to make or give any representation or warranty in relation to the property. (iv) Unless stated otherwise, rents or prices quoted are exclusive of VAT. DESCRIPTIONThe residential part of the property - The Lofthouse, is situated above the commercial and consists of two floors with 2/3 bedrooms, 1 bathroom, 1 shower room, a large sitting room and a kitchen. The Lofthouse also has exclusive use of the rear courtyard with parking (currently 2 spaces). It is presently let on an assured shorthold tenancy at £1,450 pcm. ENERGY PERFORMANCE CERTIFICATE Commercial: Rating E (125) Residential: Rating D (62) The commercial parts of the premises comprise two areas separated by a lobby, kitchen and WCs. Capable of occupation as a whole or as two units, sharing the facilities, or suitable for conversion to residential, subject to planning. The following approx. net internal areas apply: • Dolls House: 312 ft 2 (29 m 2 ) • Lobby and kitchen: 126 ft2 (11.7 m 2 ) • The Studio: g/f: 378 ft 2 (35.1 m 2 ) Mezz: 94 ft 2 (8.7 m 2 ) Total: 910 ft2 (84.5 m2 ) TERMS The freehold interest is offered with vacant possession of the ground floor and mezzanine, and with transfer of ownership of the long-leasehold upper parts, effectively providing freehold ownership of all. PRICE Offers are invited in the region of £795,000 to be apportioned between the freehold and long-leasehold interests. We are informed that VAT is not applicable to the purchase price. BUSINESS RATES The commercial part of the property currently has a Rateable Value in the 2023 Rating List of £12,750. Rates payable for 2023/2024 tax year are approx. £6,375 before substantial small business rates relief which may leave rates payable for this tax year of just £600, subject to your business qualifying. Further details on application or from Buckinghamshire Council.Disclaimer:- Please Note, that under Section 21 of The Estate Agent Act 1979, we wish to advise that the seller of this property is an estate agency and as such, has a personal and financial interest in this property