Higham Mead, Chesham, HP5

INVESTMENT OPPORTUNITY OR OWNER OCCUPIER

Power House is a two storey Victorian building, which has been converted into 15 office/studio units, situated in Higham Mead off Higham Road off Berkhampstead Road - Chesham’s main throughfare giving access to Berkhampstead, Amersham and Hemel Hempstead. Chesham town centre is close by and provides shops, and restaurants, as well as the Metropolitan line tube station giving good access to London.

The subject property is Unit 6, which is located on the ground floor of the premises and towards the northern end of the building. The premises comprise an open plan office/studio providing open plan office & WC to the ground floor with further offices situated upon a mezzanine platform over approximately 50% of the floor area. The maximum headroom within the unit is approximately 4.75 metres. The building has a number of original features, including a pair of arched windows.

Perfect opportunity for owner occupier or investor as the property can be taken on with lease in place at £14,500pa.

RICS Property Measurement Second Edition 2018 on a net internal area basis:

Ground Floor Offices 62.79 m² 675.73 sq. ft.

Mezzanine 27.89 m² 300.23 sq. ft.

WC

Total 90.68 m² 975.96 sq. ft.

A communal car parking area exists to the rear of the building.

This premises has an EPC rating of D – 84. Heating is via wall mounted electric convector heaters.

Verbally advised by the Local Charging Authority, Buckinghamshire Council, that the rateable value of the premises are assessed as follows:-

Description Rateable Value Offices & premises £9,000

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