51 HIGH STREET & ASKETT WORKS
74-76 THE BROADWAY CHESHAM BUCKS HP5 1EG FREEHOLD MIXED-USE INVESTMENT WITH POTENTIAL
TENANCIES 74 The Broadway is let on FRI terms to an individual trading as ‘Brown Sugar’, expiring 28th September 2025 with reviews in December 2015 and 2020 and no tenant breaks, at £10,000 p.a.x. 76 The Broadway is vacant, having been run as a beauty spa until February 2017. 74a The Broadway is let to an individual trading as Grist & Co at a rent of £4725 p.a.x. We are informed that the tenant is holding over under the terms of a lease which has long since expired. We understand that vacant possession later this year is likely. TERMS
LOCATION The premises are located in a prime position in the Broadway in the centre of Chesham. The A416 connects Chesham with Amersham and Berkhamsted, 30 or so miles north west of London. Chesham has a Metropolitan Line station with connections to the West End and City.
Guide Price £425,000 for the freehold interest with the benefit of two tenancies and with vacant possession of one shop. We understand VAT may be applicable to the sale. LEGAL COSTS Both parties’ legal costs to be borne by the purchaser.
DESCRIPTION
EPC
74 The Broadway is a lock-up café with rear stores, of approx. 519 sq ft (48.15 sq m).
74: C 73 76: C 67 74a: F 144
76 The Broadway is VACANT and is laid out as a beauty therapy business with retail areas and treatment rooms of approx. 429 sq ft (35.95 sq m) 74a The Broadway comprises a self-contained office with front entrance to the left of shop 1. It is located above the two shops on first floor and has a large loft. The offices have a IPMS2 area of approx. 631 sq ft (58.63 sq m) excluding loft. A further area of loft is granted on a long-leasehold to the shop at 72.
VIEWING Strictly by appointment through the joint sole agents: Philip Marsh Collins Deung Tel: 01494 680000 [email protected] Sovereign Estates Tel: 01494 792737 [email protected] Subject to Contract 04/17
TENANCIES 74 The Broadway is let on FRI terms to an individual trading as ‘Brown Sugar’, expiring 28th September 2025 with reviews in December 2015 and 2020 and no tenant breaks, at £10,000 p.a.x. 76 The Broadway is vacant, having been run as a beauty spa until February 2017. 74a The Broadway is let to an individual trading as Grist & Co at a rent of £4725 p.a.x. We are informed that the tenant is holding over under the terms of a lease which has long since expired. We understand that vacant possession later this year is likely. TERMS
LOCATION The premises are located in a prime position in the Broadway in the centre of Chesham. The A416 connects Chesham with Amersham and Berkhamsted, 30 or so miles north west of London. Chesham has a Metropolitan Line station with connections to the West End and City.
Guide Price £425,000 for the freehold interest with the benefit of two tenancies and with vacant possession of one shop. We understand VAT may be applicable to the sale. LEGAL COSTS Both parties’ legal costs to be borne by the purchaser.
DESCRIPTION
EPC
74 The Broadway is a lock-up café with rear stores, of approx. 519 sq ft (48.15 sq m).
74: C 73 76: C 67 74a: F 144
76 The Broadway is VACANT and is laid out as a beauty therapy business with retail areas and treatment rooms of approx. 429 sq ft (35.95 sq m) 74a The Broadway comprises a self-contained office with front entrance to the left of shop 1. It is located above the two shops on first floor and has a large loft. The offices have a IPMS2 area of approx. 631 sq ft (58.63 sq m) excluding loft. A further area of loft is granted on a long-leasehold to the shop at 72.
VIEWING Strictly by appointment through the joint sole agents: Philip Marsh Collins Deung Tel: 01494 680000 [email protected] Sovereign Estates Tel: 01494 792737 [email protected] Subject to Contract 04/17
