£495,000

Retail premises for sale

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Freehold

Offers in region of

£495,000

(£385.51/sq. ft)

Retail premises for sale

Desborough Road, High Wycombe HP11

1,284 sq. ft

Local area information

Property location

Nearby amenities

  • High Wycombe Church of England Combined School 0.3 miles
  • Oakridge School 0.4 miles
  • High Wycombe 0.7 miles
  • Saunderton 4.2 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
Key Points

  • 2 x Ground Floor retail units
  • 1st Floor 2 bedroom residential flat
  • Valuable Takeaway Use
  • Town centre location
  • Rear Access

  • Description

    Two ground floor retail units, with a separately accessed self-contained 1st floor flat above, forming part of a terrace of mixed-use retail properties.

    The ground floor retail unit at 154 (t/a la Koco Coffee) is let on a 5 year lease from October 2022 at a rent of £6,000 pa exclusive. Rent review and mutual break clause due in October 2025.

    The 1st floor residential flat at 154a comprises a self-contained two double bedroom flat with separate reception room, bathroom and kitchen. It is currently let to a private individual on a periodic tenancy for £750 pcm.

    The ground floor retail unit at 156 (t/a Burger Daddy) is a takeaway/hot food use and is let on a 5 year lease from 1st December 2018 at a rent of £15,500 pa exclusive. The tenant is in the process of renewing the lease for a further term of 6 years.

    There are asset management opportunities available to the new owners.

    Location

    The property is located on the busy Desborough Road, a popular secondary retail location to the west of the town centre. Desborough Road comprises a large variety of independent retailers along with a few national retailers, making it a popular choice for those seeking premises.

    It is within easy walking distance of Eden Shopping Centre, the main bus station and various new residential blocks that have been developed in the area over the past 12-24 months.

    Money Laundering / Identity Checks

    Money Laundering and Identity checks will be carried out on all Purchasers and proof of identity documents will be required.

    More information

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    1. Zoopla
    2. Commercial for sale
    3. Buckinghamshire
    4. High Wycombe
    5. Desborough Road

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