The Grade II Listed property is located on the North side of the High Street just beyond the Town Hall, opposite Pluma restaurant and adjacent to Market Walk shopping arcade. The town is host to a good mix of multiple and independent traders and tends to centre around ladies fashion, eateries and coffee shops. Nearby national multiple traders include Orvis, Whistles, Joules, Moda in Pelle, Phase Eight, and various restaurants including Cote, Gilbeys, ZaZa, The Artichoke and Pluma. A large Tesco superstore and petrol filling station are located on the eastern edge of the town.
The shop consists of ground floor sales incorporating exposed beams, 2 feature fireplaces and spot-lighting, with first floor sales/offices, kitchen and lavatory and second floor attic storage approached via a fixed stairs. There is also an additional outside WC. The premises benefit from the new planning Use Class E enabling a range of uses including retail, professional services, offices, surgeries, coffee shops, eateries and leisure. The property has the following approximate floor areas:
Attic room
(to 1.5 m height): 9.9 m2 (107 ft2)
First floor:
Room 1: 12 m2 (129 ft2)
Room 2: 11.7 m2 (126 ft2)
Kitchen: 3.5 m2 (38 ft2)
Ground floor:
Sales: 60.4 m2 (650 ft2)
We are instructed to market a new full repairing and insuring lease for a term to be agreed at a rent of £35,000 per annum exclusive of business rates, building insurance, utilities, and VAT (if applicable). Alternatively the freehold is offered at a price of £500,000. VAT is not currently payable on the rent. We understand the Rateable Value is £21,500 Rates Payable for tax year 20/21: approx. £10,729 although the Government has announced a Retail Discount rendering ZERO RATES payable for qualifying businesses until June 2021 then a discount of 2/3rds until the end of the year. NB. Rates discounts can be amended by Government from time to time. Details on application or from Buckinghamshire Council – 01895 837540.
For further details, please call Dan Collins on 10494 683643 or e-mail dan@pmcd.co.uk