1 The Broadway

Amersham, HP7 0HL

Under Offer

Type: Retail      Size: 641 sq ft      Tenure: Freehold, Leasehold

LOCATION
The two storey, Grade II Listed property is located on the North side of the Broadway in a prime position next to Crew Clothing with adjacencies including Cote Brasserie, Moda in Pelle and Phase Eight.
The town is host to a good mix of multiple and independent traders and tends to centre around ladies fashion, eateries and coffee shops.
A large Tesco superstore and petrol filling station are located on the eastern edge of the town.

DESCRIPTION
The shop consists of ground floor sales incorporating exposed beams and spotlighting, with first floor currently arranged as sales, storage, staff room and wc. The premises benefit from Use Class E enabling a range of uses including retail, professional services, offices, surgeries, coffee shops and leisure. The property has the following approximate floor areas:
First floor: 26 m2 (280 ft2)
Ground floor: 33.5 m2 (361 ft2)
Total: 59.5 m2 (641 ft2)

TERMS
We are instructed to market a new lease for a term to be agreed at a rent of £29,500 per annum exclusive of business rates, building insurance, utilities, and VAT (if applicable). Alternatively, consideration will be given to a sale of the freehold at a Guide Price of £500,000.

EPC – Rating D (94)

BUILDING INSURANCE – We understand last year’s Building insurance premium was approx. £1,420 pa.

VAT – VAT is not currently payable on the rent.

BUSINESS RATES –
We understand the 2023 Rateable Value is £20,250 Rates Payable for tax year 24/25: approx. £10,105 although there is a 75% Discount for this tax year for qualifying businesses; rates could therefore be approx. £2,530. NB. Rates discounts can be amended by Government from time to time. Details on application or from Buckinghamshire Council – 01895 837540

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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.