The Studio / Dolls House & The Lofthouse Church Road

Penn, HP10 8LN

Type: Office, Residential      Size: 910 sq ft      Tenure: Freehold

The property is located in a prominent position on the corner of Church Road and Elm Road (B474) in the centre of Penn.
Penn is a mainly residential location with a selection of pubs and retail, situated 4 miles from both Beaconsfield and High Wycombe town centres, which both provide a wide range of shopping and leisure facilities, as well as the main road and rail links.

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The commercial parts of the premises comprise two areas separated by a lobby, kitchen and WCs. Capable of occupation as a whole or as two units, sharing the facilities, or suitable for conversion to residential, subject to planning. The following approx. net internal areas apply:

Dolls House: 312 ft2 (29 m2)
Lobby and kitchen: 126 ft2 (11.7 m2)
The Studio: g/f: 378 ft2 (35.1 m2)
Mezz: 94 ft2 (8.7 m2)
Total: 910 ft2 (84.5 m2)

The Lofthouse, situated above the commercial, consists of two floors with 2/3 bedrooms, 1 bathroom, 1 shower room, a large sitting room and a kitchen. The Lofthouse also has exclusive use of the rear courtyard with parking (currently 2 spaces). It is presently let on an assured shorthold tenancy at £1,450pcm.

Commercial: Rating E (125)
Residential: Rating D (62)

The freehold interest is offered with vacant possession of the ground floor and mezzanine, and with transfer of ownership of the long-leased upper parts, effectively providing freehold ownership of all.

Offers are invited in the region of £795,000 to be apportioned between the freehold and long-leasehold interests. We are informed that VAT is not applicable to the purchase price.

The commercial part of the property currently has a Rateable Value in the 2023 Rating List of £12,750. Rates payable for 2023/2024 tax year are approx. £6,375 before substantial small business rates relief which may leave rates payable for this tax year of just £600, subject to your business qualifying. Further details on application or from Buckinghamshire Council – 01895 837540

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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.