62-64 The Broadway High Street, CheshamRetail/Restaurant/Leisure | £330,000 (Offers in excess of) | To Buy
The property occupies a prime location in the heart of Chesham Town Centre, adjacent to Caffe Nero and close to Boots, M & Co, and Savers. See attached Goad extract for further details.
The ground floor is occupied by an Estate Agent and laid out with customer area to front, with staff, kitchen and WC areas to rear; measuring approximately 67.81 Sq. m / 730 Sq. ft on a gross internal basis.
Following recent refurbishment three, new, one bedroom flats have also been created at ground floor rear and first floor levels, accessed from ‘Sills Yard’ courtyard at the rear of the building. Floor plans of the entire property are available upon request.
The ground floor shop is leased to ‘The Chancellors Group of Estate Agents Ltd’ by way of a 10 year effective FRI lease which commenced 20th March 2020. There is a rent review at the fifth year to the equivalent CPI compound uplift, capped and collared at 4% and 1%. The commencing rent is £22,000 pa.
The three residential apartments are being sold on 125 year leases, subject to an overriding head-lease and will produce a total ground rent of £750 pa.
62-64 The Broadway High Street
730 Sq. ft
£330,000 (Offers in excess of)