* Freehold
**Key Points**
* With planning permission to convert part of the rear shop to a 650 sq ft 2 - bedroom flat.
* Ground floor shop once rear is converted will give 803 sq ft
* Access to High Street and rear courtyard
**Description**
The property provides a ground floor shop of 1, 453 sq ft (135 sq m) with
access to the High Street and rear courtyard. Planning permission was granted
on 20th June 2020 to convert part of the rear of the shop to a 650 sq ft
2 - bedroom flat, which is estimated to be worth, once converted, around
£300, 000. Application pl/20/2064/fa. The Clients have recently implemented the
planning permission.
The shop is currently let to Helen & Douglas House, a Charity which provides
hospice care for babies and children in Oxfordshire and surrounding counties.
The current landlord has agreed a new lease from September 2023 for a term of
5 years with a 3 year mutual break at a rental of £30, 000 pax. They have been
established now for over 30 years and have over 25 shops within the general
area. The annual rental payable is £30, 000 pax. In addition, the freehold
includes the 8 flats above which will be sold off on long leases at a ground
rent of £150 pa per flat. The freehold also includes the courtyard to the
rear.
The tenant is liable for a service charge in respect of the common areas,
including the courtyard to the rear at a cost of £1 per sq ft per annum.
Offers in excess of £379900.
**Location**
Chesham is strategically located to the north west of London, within close
proximity to the regional centres of Watford, Hemel Hempstead and High
Wycombe. The area benefits from excellent communications, provided by the M25,
M1 and M40 motorways. In addition there is an excellent link to Central London
via the Metropolitan Line and the Chiltern Railway Line.
**Business Rates**
£15, 000
**EPC**
B44

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