Property Type | Investment |
Tenure | For Sale |
Size | 59 sq m |
Price | Offers in excess of £600,000 Plus VAT |
Rates Payable | Upon Enquiry |
EPC Rating | This property has been graded as C |
With a Tudor Revival architectural style, the property dates from the late 19th/early 20th century and comprises a self-contained ground floor retail unit with a 2-bedroom apartment above. To the rear of the property is a small courtyard. The ground floor provides a self-contained retail unit with welfare facilities at the rear. The apartment is arranged over 2 floors above and offers very good accommodation with the benefit of rear access.
The property is in the town centre of Amersham on the main retail Street and other tenants include Boots, Costa, Holland & Barrett, Robert Dyas, Little Waitrose and M&S Simply Food. This is a highly sought-after retail location. Amersham is a highly affluent commuter location.
The M25 motorway is located approximately 5.0 miles to the southeast of the property. By road, the property is located approximately 8 miles northeast of High Wycombe, 14 miles north of Slough, 23 miles southwest of Luton, 31 miles northeast of Reading and 28 miles northwest of London.
Amersham railway station is situated approximately 450 metres to the south of the property. From Amersham there are direct services to Aylesbury (22 mins), Aylesbury Vale Parkway (30 mins) and London Marylebone (41 mins). Heathrow Airport is situated approximately 15 miles (19 miles by road) to the southeast of the Property.
The ground floor is let to an independent retailer (trading as Sueno Boutique) at £22,000 pa until 25 March 2029.
The 2-bedroom apartment is let privately at £17,400 pa on a 12 monthly basis.
The combined income of £39,400 pa reflects a gross yield of 6.57% off an asking price of £600,000 + VAT.
Money Laundering Regulations require chandler Garvey to conduct checks on all tenants. Prospective tenants will need to provide proof of identity and residence.