AYLESBURY

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01296 398 383 [email protected]

www.chandlergarvey.com

AYLESBURY UNIT A1, BROADFIELDS COURT, BICESTER ROAD, HP19 8BU

FOR SALE 2,548 SQ FT (236.71 SQ M)

RARE INDUSTRIAL/OFFICE INVESTMENT FOR SALE, GOOD LOCAL COVENANT

Location The property is situated in a high profile location on the Broadfields Retail Park off the Bicester Road in Aylesbury, close to occupiers including TK Maxx, Halfords, Currys, Tesco, Next, National Tyres, Millennium FX etc. Aylesbury is the County Town of Buckinghamshire and is located approximately 44 miles North West of central London, 23 miles from Oxford and 15 miles south of Milton Keynes. The town is situated on the junctions of the A41, the A413 and A418 providing easy access to the M40, M1 and M25 motorways, all of which are within a 30 minute drive. The town benefits from a direct rail service to London Marylebone with a journey time of approximately 55 minutes.

Description The property stands at the entrance of Broadfields Court overlooking Tesco, constructed of steel portal frame with brick enclosures and profiled metal cladding. The property benefits from 4 on-site car parking spaces.

Accommodation Ground Floor Warehouse Let to Prizma Graphics Ground Floor Warehouse Let to SLC Limited Common Area First Floor Offices Let to SLC Limited TOTAL NB:

817 sq ft 292 sq ft 165 sq ft 1,274 sq ft 2,548 sq ft

These areas are based on gross internal measurements as defined by the Royal Institution of Chartered Surveyors’ Code of Measuring Practice.

Tenure Freehold subject to the various tenancies as outlined below. 1.

The first floor and part of the ground floor is let to Geomatic Solutions Limited and Stephen Leslie Card, at a rental of £15,465 per annum from May 2014 based on a 10 year internal repairing and insuring lease with 5 yearly upward only rent reviews and 5 yearly tenants only break. The tenant is liable for a service charge to cover common maintenance.

2.

Part of the ground floor unit is let to Prizma Graphics Limited, at a rental of £7,200 per annum from 1st September 2014 for a term of 10 years on an internal repairing and insuring basis subject to 5 yearly upward only rent reviews and 5 yearly tenant only break. The tenant is liable for a service charge to cover common maintenance.

Tenant’s Covenant Geomatic Solutions Limited Geomatic Solutions Limited was effectively formed in 1987 as SLC Surveys by Mr Stephen L Card, the name changed to SLC Associates in 1992 as part of a corporate re-branding. The partnership was incorporated in early 2001 as Geomatic Solutions Limited but continues to trade under the more familiar name of SLC Associates or SLC Geomatic Solutions.

Geomatic Solutions is a US and UK based group of companies. The companies offer a three tier service to both the Aviation and Oil Exploration markets. The company registration number is 4142165. Prizma Graphics Incorporation date 13th November 2013, registration number 8774134. Previous to this date they ran as a partnership since 1986 who specialise in the supply of design and reprographic large format media and equipment to Architects, designers and engineers.

Price £260,000 which reflects a net initial yield of 8.2%, taking into account the normal purchaser’s costs.

Energy Performance Certificate D93 Legal Costs Each party to be responsible for their own legal costs involved in the transaction.

Viewing Chandler Garvey Ref: Alan Chandler Tel: 01296 398383 Email: [email protected]

SUBJECT TO CONTRACT November 2015

These particulars are for general guidance only and do not constitute any part of an offer or contract. Details are given without any responsibility and any interested party 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. VAT is exclusive unless otherwise stated