ADDRESS35 Station Approcah, Great Missenden, Buckinghamshire
TYPERetail - High Street, Residential, Retail
TENUREBusiness for sale, Development Opportunity, Investment Opportunity, For Sale Freehold
POSTED ON11th November 2020
The property comprises an end of terrace, mixed retail, residential and dental premises on 2 storeys (the rest of the terrace being 3 storey). It has a lock-up shop on ground floor, let to individuals trading as "Samways" Newsagents, Post Office and Store (established circa 1938), a separate dental surgery and two one bedroom flats on first floor approached from the side.
The shop is let to two individuals on a 25 year effectively FRI lease from 6/1/2006, with the next rent review 6/1/2023, held at the original 2006-level rental of £10,000 p.a.x. The dental surgery is let for 250 years from 2019 at a ground rent of £150, and the two flats are long-leasehold each at £150 p.a. Ground rents subject to fixed increases. Total current income is £10,450 p.a.x.
Station Approach (A4128) leads to Prestwood and High Wycombe from the centre of Great Missenden. No 35 is situated on the western side close to the mainline railway station and near the junction with High Street just off the A413 Aylesbury to Amersham trunk road. ( Agency Pilot Software Ref: 287 )
35 Station Approcah, Great Missenden, BuckinghamshireGBBuckinghamshireHP16 9AZ35, Station Approach