1 London End

Beaconsfield, HP9 2HN


Type: Investment      Size: 63.55 sq ft      Tenure: Freehold


FREEHOLD RETAIL INVESTMENT FOR SALE

PROMINENT TOWN CENTRE LOCATION
LEASE JUST RENEWED
6.25% NET YIELD
NO VAT
SUCCESSFUL LONG-TERM TENANT BUSINESS

LOCATION
The premises are prominently located in the very centre of Old Beaconsfield at the junction of the A40 with the B474. The M40 junction 2 is within ½ mile and the mainline station is 1 mile away. The Old Town is a specialist retail location attracting well known retail brands, including Farrow & Ball, Fired Earth, and Pizza Express, as well as many restaurants and hotels.

DESCRIPTION
The property comprises a very prominent two-storey Grade II Listed building with return frontage, with a lock-up shop on ground floor and a separate 2-bed flat on the first which has been ‘sold off’ on a long leasehold. The approximate shop areas are:
Retail & ancillary 63.55 m2 (684 ft2)

TENANCIES
The ground floor of the property is let to Ellie Sanderson Bridalwear Ltd on a recently renewed lease for a term of 10 years expiring 20th October 2034 with a mid-term rent review and tenant break at a commencing rent of £42,000 p.a.x.
The flat has been sold off on a long-leasehold basis with 100 years unexpired and at a ground rent of £150 p.a.
Ellie Sanderson Bridalwear Ltd was established in 2006 and now trades from 2 locations and online (www.elliesanderson.co.uk). They have recently comprehensively refitted the shop, which reopened in October 2024.
EPCs Shop: C, Flat: N/A.

TERMS
We are seeking offers in excess of £650,000 for the freehold interest in the building.

LEGAL COSTS
Both parties’ legal costs to be borne by the purchaser.

VIEWINGS
Philip Marsh at PMCD 01494 683642 philip@pmcd.co.uk

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MISREPRESENTATION ACT 1967

Philip Marsh Collins Deung Chartered Surveyors and their clients give notice that (i) these particulars are issued as a general guide and so not constitute part of an offer or contract. (ii) Whilst all care is taken in the preparation of these details they cannot be relied upon as statements or representations of facts and no liability can be accepted as to their accuracy. Intending occupiers or purchasers should make their own investigations to satisfy themselves as to the facts, and should take professional advice (iii) no person in the employment of Philip Marsh Collins Deung Chartered Surveyors has any authority to make or give any representation or warranty in relation to the property (iv) unless stated otherwise, rents or prices quoted are exclusive of VAT.