July 14, 2021 Claire Dickinson

FREEHOLD MIXED USE INVESTMENT PROPERTY IN GERRADS CROSS

The property is situated on the west side of Packhorse Road at its junction with Bulstrode Way in the heart of the town in a prime location. Street car parking is available close by, as are several public car parks, and the mainline railway station is a few hundred metres away. There is an excellent mix of retailers and restaurants nearby. Gerrards Cross is an affluent small town just off the A40 to the west of London and sits 4 miles east of Beaconsfield and junction 2 of the M40.

The property comprises a period 3 storey, mixed use premises, having a lock-up retail shop on ground and a mix of office and residential accommodation above, approached from a separate entrance in Bulstrode Way. The first-floor offices have a cellular layout and would suit other uses but particularly residential, subject to planning.

Approx. net areas:
Ground Floor Retail: 44.6 m2 (480 ft2) NIA overall, (406 units ITZA)
1st Floor Office: 59.0 m2 (635 ft2) NIA
2nd Floor Flat: In all, circa 55 m2 (600 ft2) incl. 2 rooms, kitchen & bathroom

The shop is let to an individual, trading as Blush Boutique (www.blushboutiques.co.uk), on a 10-year term expiring 2/6/2029, at £24,500 p.a.x. The tenant is responsible for internal repairs and through a service charge, for 40% of the landlord’s costs of external and common maintenance. There is a rent review and a coincidental tenant’s option to break on 3/6/2024 subject to 6 months’ notice. The office suite and flat are currently vacant. We are seeking offers in excess of £650,000 for the freehold interest in the building. For viewings and more information, email philip@pmcd.co.uk or phone 01494 683642