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Agent's details

Property agent
Tom Good

Pheasant Hill Garage , London Road, Chalfont St Giles, Buckinghamshire, HP8 4NN

For sale: £1,850,000.00|7,099 Sq Ft|General Retail, Showroom, Retail, Other Property Types & Opportunities

Property details

FOR SALE£1,850,000.00
SIZE7,099 Sq Ft
ADDRESSPheasant Hill Garage , London Road, Chalfont St Giles, Buckinghamshire, HP8 4NN
TYPEGeneral Retail, Showroom, Retail, Other Property Types & Opportunities
TENUREBusiness for sale, Development Opportunity, Investment Opportunity, For Sale Freehold
POSTED ON1st May 2024

Description

The premises comprise a detached car showroom with workshops to the rear on a corner plot of approximately 0.17 hectares / 0.42 acres. The accommodation is split level providing two floors of showrooms to the front with workshops to the rear and offices situated on a mezzanine floor. The workshop accommodation is accessed to the rear off Vache Lane. There is good onsite forecourt parking with approximately 27 display spaces fronting and accessed from London Road, with a further 17 display / parking spaces to the rear accessed from Vache Lane.

The property is suitable for future alternative uses or redevelopment, subject to the
necessary planning consents being obtained.

INVESTMENT DETAILS:

The property is let to CSG Motor Company Limited from 1st January 2017 for a 15 year term at a passing rent of £95,000 per annum, rising to £100,000 per annum on 1st January 2027. There is a mutual break clause on the tenth year of the term operable with a minimum of six months prior written notice. The lease is inside the Landlord and Tenant Act 1954 Part II.

The lease is full repairing. A copy of the lease is available on request.
( Agency Pilot Software ref: 1266 )

Location

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Location: Pheasant Hill Garage , London Road, Chalfont St Giles, Buckinghamshire, HP8 4NN

Chalfont & Latimer (2.3 miles)

Chorleywood (2.4 miles)

Amersham (3.3 miles)

Seer Green & Jordans (2.1 miles)

Chalfont & Latimer (2.3 miles)

Chorleywood (2.5 miles)

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