Co-operative Funeral Service, 73 Park Street, Aylesbury

The property comprises a high yielding mixed-use investment occupying a prominent corner pitch.

Arranged as a ground floor funeral home with separately accessed residential upper parts, the property is fully let to Southern Co-Operative Funerals Limited on a five year lease expiring 28.10.2028 and paying £15,000 per annum. The tenant did not exercise their 2024 break option displaying confidence in the location.

The upper parts are in residential use and form part of the lease. We consider the property may benefit from asset management potential via regaining vacant possession of the upper parts.

The property includes an area to the rear which is developed to ground floor only. We therefore consider there may be potential to add a further residential unit at first floor level (subject to the existing lease and any requisite consents).

The property occupies a prominent corner position at the junction of several major arterial routes. The area is characterised by multiple uses including retail, residential, retail warehousing and industrial.