FREEHOLD RETAIL/GYM/RESIDENTIAL INVESTMENT AVAILABLE IN BURNHAM

The property comprises a mid-terrace, retail, residential and gym premises on 3 storeys. It has a lock-up shop on ground trading as MG Barbers, a separate rear building let to a fitness business and a vacant two bedroom flat on first and second floors approached from the rear. Approx. net areas:

Retail: 34.6 m2 (372 ft2) NIA overall
Gym: 44.0 m2 (474 ft2) NIA overall
Flat: In all circa 52.6 m2 (566 ft2) internal plus bathrooms, circulation space and external balcony; 3 rooms, K & B.

The shop is let to one individual on a 10 year lease from 26/4/2018, with the next rent review June 2023, at £12,000 p.a.x. payable monthly. The fitness studio is let for 5 years from 1/2/2018 at £6,600 p.a.x., payable monthly. The flat is vacant. Total current income is £18,600 p.a.x.We are seeking offers in excess of £500,000 for the freehold interest in the building.

The property is situated on the west side of High Street in the centre of the town of Burnham, 100 m or so north of its junction with Jennery Lane and its public car park. No 87 is one of 5 terraced properties set back from the street with customer parking in front. To the right of the shop is a passage leading to the rear of the properties and it is from this that the rear ground floor gym and the flat are accessed. Burnham is a small market town between Slough and Beaconsfield.

For further details please call Philip Marsh on 01494 683642 or e-mail philip@pmcd.co.uk

 

MAIDENHEAD OFFICES WITH PARKING TO LET

Burlington House is located in Maidenhead town centre, a short walk from retail, banking and leisure facilities. The railway station* is close by providing links to London Paddington, Reading and the West. Junction 8/9 of the M4 motorway is 1.5 miles approx., providing access to the national motorway network and Heathrow Airport approx. 15 miles. *The station will also be served by the eagerly awaited Elizabeth Line linking Maidenhead to Heathrow, the West End, the City as well as Canary Wharf.

The 1,013 ft2 office provides structurally open plan space with two partitioned offices. Amenities include:

AIR CONDITIONING

LED LIGHTING

4 SPACES IN PRIVATE

GATED CAR PARK

KITCHENETTE

RAISED FLOORS

A new lease is available on terms to be agreed at an asking rent of £24.50psf per annum exclusive. In addition, the tenant will pay a contribution to the upkeep and maintenance of the building and common areas. For further details, please call Nick Ball on 01494 683644 or e-mail nick@pmcd.uk

FREEHOLD RETAIL INVESTMENT IN GREAT MISSENDEN

The property comprises an end of terrace, mixed retail, residential and dental premises on 2 storeys (the rest of the terrace being 3 storey). It has a lock-up shop on ground floor, let to individuals trading as “Samways” Newsagents, Post Office and Store (established circa 1938), a separate dental surgery and two one bedroom flats on first floor approached from the side. Approx. retail areas:
Retail: 71.3 m2 (768 ft2) NIA overall*
* taken from business rates valuation, therefore to be verified

The shop is let to two individuals on a 25 year effectively FRI lease from 6/1/2006, with the next rent  review 6/1/2023, held at the original 2006-level rental of £10,000 p.a.x. The dental surgery is let for 250 years from 2019 at a ground rent of £150, and the two flats are long-leasehold each at £150 p.a. Ground rents subject to fixed increases. Total current income is £10,450 p.a.x.

Station Approach (A4128) leads to Prestwood and High Wycombe from the centre of Great Missenden. No 35 is situated on the western side close to the mainline railway station and near the junction with High Street just off the A413 Aylesbury to Amersham trunk road.

We are seeking offers in excess of £180,000 for the freehold interest in the building. For further details please call Philip Marsh on 01494 683642 or e-mail philip@pmcd.co.uk