Retail premises for sale in The Broadway, High Street, Chesham HP5, £380,000

380,000.00

Offer Nr.:
66483208
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Potter & Ford Ltd
Phone(s):
01494 956155

* Freehold
* Investment opportunity
* Good rental income
* High street location
* Development potential
* Planning for 2 bed flat
Located in a prime position on the High Street is this investment/development
opportunity. The retail shop is currently rented to Helen & Douglas House a
charity that provides hospice care for babies and children in Oxfordshire and
surrounding areas. The lease is for a 5 year term from September 2023 at a
rent of £30, 000 pa with a 3 year mutual break. Also included is the ground
rent of £150. 00 pa from flats on the first floor the courtyard to the rear of
the property and the freehold of 62 - 64 High Street which include 3 flats, and
a ground floor shop all sold on long leases, the flats paying £150 pa gr.
There is planning permission for a 2 bedroom flat at the rear of the shop
under planning application pl/20/2064/fa. The planning consent for the two
bedroom flat has been implemented and confirmed by the local authority.
Chesham is a busy market town with good transport links including the
Metropolitan Line tube station, bus terminal and taxi rank.

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