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Agent's details

16/18 St. Johns Road, HP10

For sale: POA|3,296 Sq Ft|Other, Office, Residential, Other Property Types & Opportunities, Offices

Property details

FOR SALEPOA
SIZE3,296 Sq Ft
ADDRESS16/18 St. Johns Road, Penn, High Wycombe, HP10 8HW
TYPEOther, Office, Residential, Other Property Types & Opportunities, Offices
TENUREFor Sale Freehold
POSTED ON2nd October 2024

Description

Key Points

  • Freehold Investment for sale, subject to the existing tenancy on No.18 (offices)
  • Potential for full residential development (STP)
  • Currently part office / part residential
  • Separate 2-bed house with garden
  • £40,000 pa income until November 2025
  • £1,500 pcm residential income for house
  • Summary

    RESIDENTIAL CONVERSION / INVESTMENT OPPORTUNITY

    Description

    The property comprises a two-storey detached property, with a single story rear extension, currently divided to form 2 separate properties - self-contained offices and a self-contained two-bedroom house with a garden. Car parking is available at the front of the property and along the side of the rear office section.

    No 16 is arranged with a living room and modern kitchen on the ground floor, with 2 bedrooms and a bathroom on the first floor. Access is available via a loft hatch to a large roof space. A level rear garden provides a patio and lawn with a garden shed. No 18 is arranged as offices with a combination of two-storey at the front of the property and single story to the rear. The accommodation is laid out in a number of separate offices together with kitchen, toilet facilities and a large loft.

    Location

    The property is prominently located on St John’s Road, Penn in an almost entirely residential setting. Penn is very attractive village and a highly sought after residential location, close to Beaconsfield (3 miles) and Amersham (5 miles). Penn has a range of local amenities, including several well know pubs and restaurants, as well as local retail outlets. High Wycombe town centre is 4 miles away and easy access is available to the A40 and M40. There are excellent rail services available from Beaconsfield and High Wycombe, with a fastest journey time to London Marylebone of under 25 minutes.

    Availability_text

    The accommodation comprises the following areas:

    Tenancy

    The offices are occupied at a current rent of £40,000 per annum exclusive. The lease has a mutual break in November 2025 with 6 months notice required by either party. A copy of the lease is available on request. The two-bedroom house is currently vacant and ready to let if required.

    Planning

    Prior approval has previously been obtained to convert No 18 to residential use, with a combination of one and two-bedroom apartments. The opportunity arises to undertake a comprehensive redevelopment of the site, subject to planning.

    Offers

    Offers are sought on an unconditional basis ideally. Offer subject to planning will be considered. As mentioned, the opportunity arises to undertake a comprehensive redevelopment of the entire site, or selective extensions, or simple refurbishment. The opportunity also arises to maintain the current mix of uses and simply create an investment.

    Anti-Money Laundering / Identity Checks

    Money Laundering and Identity checks will be carried out on all purchasers and proof of identity documents will be required

    Location

    marker
    Location: 16/18 St. Johns Road, Penn, High Wycombe, HP10 8HW

    Amersham (4.7 miles)

    Chesham (6.1 miles)

    Chalfont & Latimer (6.4 miles)

    High Wycombe (1.9 miles)

    Beaconsfield (3.1 miles)

    Bourne End (4.1 miles)

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