12 West Street, Steeple Claydon, Buckingham MK18 2NT
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Key features
- High Yielding Retail Investment
- Ground Floor unit t/a Paula's Bakery for a term of 6 years from Feb 2025
- Occupying a prominent corner position
- Long standing 19 year old village business
- Rental income rising to £14,400 p.a. on 01/02/2026 (14.4% GIY on guide price)
- VAT free investment
- Investment currently let at £12,000 p.a (12.0% GIY on guide price)
Description
StrapLine
Auction Sale - 01/10/2025 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions websiteFreehold ground floor retail unit t/a a Bakery.
Investment let at £12,000 p.a. (12.0% GIY on guide price) - Rising to £14,400 p.a. on 01/02/2026.
Description
A freehold retail unit occupying a prominent corner position. The property is let to a private individual t/a Paula's Bakery. The current tenant has continued a long standing business that was established in the village 19 years ago.
Location
The property is situated in the village of Steeple Claydon. Steeple Claydon is a village in the Buckinghamshire district of England, located south of Buckingham and west of Winslow.
Tenancy
The property is let to a private individual t/a Paula's Bakery for £12,000 p.a. for a term of 6 years from 1st February 2025 to 31st January 2031.
Please note the rental income will rise to £14,400 per annum on 01/02/2026.
Please note the tenant has paid the vendor a £3,000 deposit held on account.
Accommodation
Ground Floor - Front and Rear Retail Space, Toilet/WC.
12 West Street, Steeple Claydon, Buckingham MK18 2NT
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Bicester North Station7.4 miles
Notes
Disclaimer - Property reference 194-18593. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Savills Auctions, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Savills Auctions, London on 020 3909 6715.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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