W&G Property Portfolio

Princes Risborough, HP27

W&G Property Portfolio, Princes Risborough, Investment For Sale - Bell Street-52.jpg
Property Type Investment
Tenure For Sale
Size 8,512 sq ft
Business Rates Upon Enquiry
Energy Performance Rating This property has been set as EPC exempt.
Reason: EPC has been commissioned, will be available in less than 28 days

A Diverse Portfolio of commercial & residential property including strategic land holding in Nazeing, Essex

Key Points

  • Approx. 6,498 Sq ft commercial accommodation
  • Approx. 2,014 Sq ft residential accommodation
  • Scope for development / change of use on part of the portfolio
  • Total rental income of £117,012 per annum (ex. VAT where applicable)

Description

The portfolio comprises six investment properties located in Princes Risborough, combining
prominent town centre retail and garage workshop properties, with residential dwellings, plus
a 50% share in a 1.94 acre parcel of land in Nazeing, Essex.

Four of the properties form part of a terrace of adjoining buildings on Bell Street, including 2
shops, a terraced house and large first floor flat. The remaining two comprise a garage /
workshop off Summerleys Road, and a semi-detached house located off Longwick Road.

The properties are let to a range of established local occupiers together with residential
tenancies on Assured Shorthold Tenancies, producing a diversified income stream.

The commercial leases are on effectively full repairing and insuring terms, although the
tenant’s repairing liability at 54 Bell Street is limited by reference to a Schedule of Condition.

Available area

The accommodation comprises the following areas:

Name Floor/Unit Description Building Type Size sq ft Availability
Building - 46-48 & 50 Bell Street Building 46-48 & 50 Bell Street Investment 1,464 sq ft 1,464 Available
Building - 54 Bell Street Building 54 Bell Street Investment 464 sq ft 464 Available
Unit - Units 10, 11 & 12, Summerleys Road Unit Units 10, 11 & 12, Summerleys Road Investment 4,570 sq ft 4,570 Available
Suite - Flat 48a Bell Street Suite Flat 48a Bell Street Investment 784 sq ft 784 Available
Building - 52 Bell Street Building 52 Bell Street Investment 360 sq ft 360 Available
Building - 2 Cannon Place Building 2 Cannon Place Investment 870 sq ft 870 Available
Total 8,512

Terms

The current total rent equates to £117,012 per annum (exclusive of VAT where applicable).

PRICE ON APPLICATION.