Investment Property - Units 1-5, Common Road, Flackwell Heath, Bucks, HP10 9NS

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Property Details

Units 1-5, Common Road, Flackwell Heath, Bucks, HP10 9NS

£500,000.00

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Terms

The property is available on a freehold basis

GUIDE PRICE £500000

Area
sq.ft.

Property Description

INVESTMENT/DEVELOPMENT SITE A parade of shops in the centre of Flackwell Heath. There are 5 units of mixed use including a Post Office, food takeaway, and a previous bank premises. Currently the rental income is approx. £26700 p.a. with two of the units vacant. Discussions with the local authority have indicated consideration would be given to a new development of retail space with residential appartments above. The present leases expire in 2012 giving ample time to pursue a planning approval. For further information on the leases, plans etc. please contact the agent.

Rates

The property lies within the rating area of District Council, according to which the rateable value is as follows:

Rates payable – £0.00 (2010-2011)
Rates payable can be affected by transitional arrangements, and we would recommend that interested parties should make further enquires for clarification.

Property Features

Parade of shops	Current income approx.£26700 p.a.
Central location	Public car parking adjacent
Development potential

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