79 Packhorse Road

Gerrards Cross, SL9 8PQ

Under Offer


Type: Restaurant/Coffee Shop, Retail      Size: 665 sq ft      Tenure: Leasehold


LOCATION
The unit is located on the west side of Packhorse Road in a prominent position close to Costa, Boots and WH Smith. The Tesco Superstore, Specsavers, Carpetright, Everyman cinema and the public car park are nearby.
Gerrards Cross is an affluent commuter town, conveniently located with good access to J2 M40 (approx 3 miles), J1A M40 and J16 M25 (approx 6 miles). The mainline station is served by the popular Chiltern Line with regular services to Birmingham and approx 25 minutes to London Marylebone.

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DESCRIPTION
The property is structurally open plan comprising ground floor sales space plus wc and is fitted out to a high standard as a coffee and ice cream shop. It is available fully fitted and equipped.

ENERGY PERFORMANCE CERTIFICATE
Rating C (53).

BUILDING INSURANCE
To be advised

TERMS
Premium offers are invited for an assignment of our client’s lease expiring 3 April 2029 with rent review in April 2024 and tenant option to break in April 2025. The rent is currently £20,000 per annum exclusive.

VAT
VAT is not currently payable on the rent.

BUSINESS RATES
The 2023 Rateable Value is £24,750.
Rates payable for 2023/2024 tax year: approx. £12,350 – although the Government has announced a 75% discount for this tax year for qualifying businesses. Rates could therefore be approx. £3,100. 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.