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Property Details

11, Duke Street, Princes Risborough, Bucks, HP27 0AT

£115,000

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Terms

FREEHOLD is available GUIDE PRICE £115,000

Area

Approximately 275 sq.ft.

Property Description

The property comprises a compact Shop with a two-bedroom Flat above. The Retail premises have a frontage of approx. 12 ft and is a usable rectangular shape, totalling approx. 275 sq.ft. There is a Kitchen area to the rear of approx. 65 sq.ft. and also a Toilet. There is a useful small Yard area at the back of the property for the use of the shop. The Flat is accessed down a side passageway and up the staircase to the rear. It comprises 2 Bedrooms and also has a Garden. Duke Street is ideally located between Tesco Stores and the High Street in the centre of this popular town. Current occupancy is as follows: Retail unit is available. The rental is £6,500 per annum. The upper residential is on 99-year Lease arrangement from 4/12/78 so has approx. 60 years remaining. There is a ground rent payable of £50 per annum.

Rates

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

Rateable value: £6,500

Rates payable - £2,814 (2018-2019)

Rates payable can be affected by transitional arrangements, and we would recommend that interested parties should make further enquiries for clarification.

Property Features

  • Investment property
  • Retail approx. 275 sq.ft.
  • Residential upper parts
  • Good location
  • Rear Yard and Garden
  • Town centre