Feathers, High Street, Chalfont St. Giles, HP8 4QQ

Description
The property comprises the basement, ground and first floor of a two storey end of terrace building with painted brick elevations beneath a pitched roof.

Location
Located in Chalfont St Giles in the county of Buckinghamshire, 9.7 miles (15.5 kilometres) west of Watford and 14.0 miles (22.4 kilometres) east of Marlow.

The Feathers is located fronting High Street in the centre of the village and in a mixed residential and commercial area. Surrounding occupiers include a number of independent retailers as well as the Merlin’s Cave (Young’s) and the White Hart Inn (Greene King).

Accommodation
Basement: The basement provides cellar.

Ground Floor: The ground floor provides a series of inter-connecting areas with a central bar servery and seating on loose tables and chairs for 60 customers. Ancillary areas include a trade kitchen, customer WC's and stores to the rear.

First Floor: The first floor comprises managers flat with a double bedroom, single bedroom, living room, kitchen and bathroom.

External: There is an enclosed customer area to the rear with seating on loose tables and chairs for 25 customers along with additional seating in the garden for 40 customers.

Tenure
The property is held freehold (Title Number BM259807).

Tenancy
The entire property is let to Wraith Trading Limited on a 20 year lease from 18 September 2019 at a current rent of £76,846 per annum which is subject to five yearly open market reviews and annual uncapped RPI (except in the open market review year). A rent deposit of £15,138 is held by the landlord.

Planning
The property is Grade II Listed and is situated within the Chalfont St Giles Conversation Area.

VAT
It is envisaged that the property will be sold as a TOGC so the transaction should therefore be exempt from VAT on the basis the purchasing entity is VAT registered.

EPC
D-92

Terms
We are instructed to invite offers in excess of £850,000 (8.6% NIY) assuming the usual purchasers costs.

Fixtures and Fittings
The fixtures and fittings are currently owned by the occupational tenant.

Money Laundering
Money Laundering Regulations require Savills to conduct checks upon all prospective purchasers. Prospective purchasers will need to provide proof of identity and residence.

Similar Investment Opportunities
If you have an ongoing requirement for similar investment opportunities then please visit the following website for a selection of properties we are currently marketing:

Viewings
All viewings must be made by prior appointment and under no circumstances should any direct approach be made to any of the occupational tenants staff.

For further information and all viewing requests please contact the sole selling agents Savills.