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Easton Street, High Wycombe, Buckinghamshire, HP11

Guide Price
£1,250,000

£359.61 per sq ft

Business rates & charges may apply

Restaurant Property Sellers, Ealing
SIZE AVAILABLE

3,476 sq ft

323 sq m

SECTOR

3 bedroom mixed use property for sale

USE CLASSUse class orders: A1 Shops, A3 Restaurants and Cafes, B1 Business, C1 Hotels and Class E

A1, A3, B1, C1, E

Key features

  • Freehold investment for sale with a rental income of £67,000 per annum
  • Grade II Listed Building
  • Ground floor restaurant let to a Thai restaurant on a 10 year lease from 2024 with no break (Inside the Act)
  • Upper parts comprises of 3 one bed flats with shared access from the rear. All are occupied
  • Guide Price: £1.25 million (business not affected)
  • VAT: TBC
  • Gross yield: 5.36%

Description

Freehold Investment for Sale in High Wycombe. Rental income of £67,000/annum. Business not affected.

Property ID: RPS-21333

MAIN DETAILS

Freehold investment for sale with a rental income of £67,000 per annum
Grade II Listed Building
Ground floor restaurant let to a Thai restaurant on a 10 year lease from 2024 with no break (Inside the Act)
Upper parts comprises of 3 one bed flats with shared access from the rear. All are occupied
Guide Price: £1.25 million (business not affected)
VAT: TBC
Gross yield: 5.36%

GROUND FLOOR

Circa 1,950.85 Sq. Ft with 60 covers restaurant and extended commercial kitchen
Restaurant and one first floor flat is let on a 10 year lease from 2024 with no break at an initial rent of £39,000/annum to be reviewed every 5 years on open market rent.
The lease is contracted Inside the LTA 1954

UPPER PART ACCOMMODATION

First floor circa 1,094.36 Sq. Ft, consists of two 1-bed flats. Both ensuites.
Second floor is circa 430.34 Sq. Ft with fitted kitchen and ensuite bedroom
Benefits from central heating
Shared access from the rear of the property
One car park for each flat

FLOOR PLANS

Ground Floor Plan
First Floor Plan
Second Floor Plan

THE LOCATION

High Wycombe, HP11
0.2 mile to High Wycombe
0.3 mile to Wycombe Museum
Close to Local Amenities

VIEWINGS & CONFIDENTIALITY

All interested buyers must agree Non-Disclosure Agreement with our company due to the "Confidentiality" requested by the client and must have proof of funds to meet the premium and landlord's requirements.

Strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.

DISCLAIMER

The above information is provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.

About Restaurant Property Sellers, Ealing

Suite 107, Boundary House, Boston Manor Rd, Ealing, United Kingdom, W7 2QE

We specialise in selling freehold hospitality properties and leasehold businesses ranging from an independent cafe to hotels. Whether you are a commercial landlord thinking of leasing or selling your freehold commercial property or a food business owner looking to sell your business, we can help.

Our team has a combined experience of over 15 years in the hospitality sector along with data driven Digital Marketing industry, which allows us to reach the right buyers as well as commercial tenants for independent restaurant businesses and commercial landlords alike.

Our selling process involves an array of marketing tactics ranging from targeted data generation to reaching the right prospect using the latest digital and data-based marketing along with offline marketing and advertising tactics. CONTACT US NOW.

Notes

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Disclaimer - Property reference RPS-21333_HIGH_WYCOMBE_FREEHOLD. 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 Restaurant Property Sellers, Ealing. 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.

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