Private Treaty - Retail Unit - Investment Opportunity - 24 Market Place, Chalfont St. Peter, Buckinghamshire, SL9 9DU - Asking Price £260,000

Extra Details

Property Details

• Asking price: £260,000
• Ground floor retail unit
• Former kitchen showroom
• Popular retail location
• Corner plot with return frontage
• Investment opportunity
• Upper parts sold off long leasehold
• Sold with vacant possession
• Residential flat above (not included)
• Freehold

Overview
A freehold retail unit for sale by private treaty. The property will be sold with vacant possession.

The property is located on the northern side of Market Place at the junction with The Vale.

Nearby occupiers include Dominos Pizza, Raj Darbar Traditional Indian Restaurant, Curtain, Shutter & Blind shop, Barbers and an estate agents.

The glazed front and side elevation to The Vale provides good natural light for the shop. Internally, the main trading space is open plan with a raised section to the rear.

Services
We understand the property to have mains gas electricity, water and drainage.

The services have not been inspected by John Pye Property and we recommend that interested parties complete their own investigations in this respect.

Tenure
Freehold with vacant possession. Upper parts sold off on a long lease.
Long lease: 99 years from 10 May 2013 at a peppercorn ground rent.

Investment Analysis
We expect a rent in the region of £15,000 to £17,500 pa exclusive will be achievable.

Rateable Value
Rateable value of £13,500

Asking Price
£260,000

EPC
EPC – https://find-energy-certificate.service.gov.uk/energy-certificate/9354-3078-0914-0200-4795
Recommendation Report – https://find-energy-certificate.service.gov.uk/energy-certificate/0430-0241-5949-4798-7006