QUEENSMEAD ROAD, LOUDWATER, HIGH WYCOMBE, BUCKS HP10 9XA FORMER RBL HALL WITH D1 USE, POTENTIAL FOR REDEVELOPMENT (SUBJECT TO PLANNING) FOR SALE BY INFORMAL TENDER OFFERS BY 12pm 23 MAY 2017 KEY FEATURES ▪ ▪ ▪ ▪ ▪
434 sq m /4,676 sq ft Hall with D1 use Potential for other uses Potential for residential development (subject to planning) Informal tender closes 14 July 2017 at 12pm
DESCRIPTION The property is a detached two storey building with 6 parking spaces. There is a reception area with male & female WC’s, stairs to 1st floor to access the main bar with double doors leading to the main hall. From the main hall there is a small kitchen with separate storage area and a further 2 rooms with WC’s. To the front of the 1st floor there is an additional bar area and further storage. From the main bar there is a hatch to the cellar area and a goods lift serving all floors. T: 0118 909 7400 vailwilliams.com
QUEENSMEAD ROAD, LOUDWATER, HIGH WYCOMBE, BUCKS HP10 9XA
LOCATION The property fronts on to Queensmead Road which is accessed from Station Road in the High Wycombe suburb of Loudwater. Junction 3 of the M40 is 0.5 miles away and High Wycombe railway station is 3 miles away with a regular service to London Marylebone. The surrounding area is a mix of commercial and residential property with a Tesco Superstore at J3 of the M40 and local shops, pubs and open space nearby.
PLANNING The property benefits from an existing D1 use. Planning permission will be required for any change to this.
SCHEDULE OF AREAS Ground Floor
304.8M2 – 3,281 Ft2
1st Floor
129.5M2 – 1,395 Ft2
Total
434.3 M2 – 4,676 Ft2
OVERAGE The sale contract will contain an overage clause should future residential planning consent be achieved. T: 0118 909 7400 vailwilliams.com
QUEENSMEAD ROAD, LOUDWATER, HIGH WYCOMBE, BUCKS HP10 9XA
T: 0118 909 7400 vailwilliams.com
QUEENSMEAD ROAD, LOUDWATER, HIGH WYCOMBE, BUCKS HP10 9XA EPC - Rating: TBC TENURE – Freehold PRICE - Offers in excess of £700,000 METHOD of SALE The freehold of the site is made available as a whole by means of informal tender. Unconditional offers are sought. Offers must state a specific sum of money to be paid and shall not be for sums calculable by reference to another bid for the property.
INFORMAL TENDER PROCEDURE i. All offers are to be received by 12pm on 14 July 2017. ii. Venue – offers are to be received by post, email to (
[email protected]) or personal delivery to the offices of the vendors sole agents, marked for the attention of: Matt Clarke, Vail Williams LLP, Dover House, 34 Dover Street, London W1S 4NG iii. Opening procedure: all offers received in accordance with the conditions will be opened by the vendors agent. iv. Purchaser Notice: The vendor, in its absolute discretion, does not undertake to accept the highest or any offer received. v. Additional information required: Within the offer letter, purchasers will be required to provide the following information: a. Legal Advisors – details of the solicitors who will be acting in the purchase if the bid is accepted. a. Finance: details of funding arrangements (further clarification may be required in certain circumstances) b. Authority: confirmation of the bidders authority to bid one whole appropriate, confirmation that any offer made has board approval may be requested. c. Timescale for completion.
LEGAL COSTS Each party will bear their own legal costs.
VIEWING BY APPOINMENT
CONTACT Matt Clarke or Jamie Mayland Vail Williams LLP 450 Bath Road Longford Heathrow UB7 0EB Email:
[email protected] Tel: 0208 564 8300 Email:
[email protected] Tel: 07802 341671 Arbnor Salihi Vail Williams LLP Dover House 34 Dover Street London W1S 4NG Email:
[email protected] Tel: 07895 918715
RATES - RV 2017: TBC SERVICES Vail Williams LLP has not checked and does not accept responsibility for any of the services within this property and would suggest that any in-going tenant or occupier satisfies themselves in this regard. Misrepresentation Act 1967 – Vail Williams for themselves and for the vendors or lessors of this property, whose agents they are, give notice that: 1. The particulars are set out as a general outline only for the guidance of intended purchasers or lessees and do not constitute nor constitute part of an offer or contract. 2. All descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them. 3. No person in the employment of Vail Williams has any authority to make any representation or warranty whatsoever in relation to this property. Finance Act 1989 – Unless otherwise stated, all prices and rents are quoted exclusive of Value Added Tax (V.A.T.). Any intending purchasers or lessees must satisfy themselves independently as to the incidence of V.A.T. in respect of any transaction. Birmingham Camberley Crawley Guildford Heathrow London Portsmouth Southampton Thames Valley Vail Williams LLP, a Limited Liability Partnership, registered in England (number OC319702). Registered Office: 550 Thames Valley Park Drive, Reading, Berkshire RG6 1PT Any reference to a Partner means a Member of Vail Williams LLP or an employee or consultant with equivalent standing and qualifications. A full list of Members is open for inspection at the registered office. Regulated by RICS. Our Services: Acquisition & Disposal, Building Consultancy, Corporate Real Estate, Development Consultancy, Investment and Funding, Leasing Advisory, LPA Receivership, Planning Consultancy, Property Asset Management, Rating, Valuation
T: 0118 909 7400 vailwilliams.com