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14-15 Easton St 1,950 SF 100% Leased Retail Building High Wycombe HP11 1NT $2,324,890 CAD ($1,192.25 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Freehold investment for sale with a rental income of £67,000 per annum
  • Ground floor restaurant let to a Thai restaurant on a 10 year lease from 2024 with no break (Inside the Act)
  • Gross yield: 5.36%
  • Grade II Listed Building
  • Upper parts comprises of 3 one bed flats with shared access from the rear. All are occupied
  • Circa 1,950.85 Sq. Ft with 60 covers restaurant and extended commercial kitchen

EXECUTIVE SUMMARY

Freehold Investment for Sale in High Wycombe. Rental income of £67,000/annum. Business not affected.
Property ID: RPS-21333
MAIN DETAILS
Freehold investment for sale with a rental income of £67,000 per annum
Grade II Listed Building
Ground floor restaurant let to a Thai restaurant on a 10 year lease from 2024 with no break (Inside the Act)
Upper parts comprises of 3 one bed flats with shared access from the rear. All are occupied
Guide Price: £1.25 million (business not affected)
VAT: TBC
Gross yield: 5.36%
GROUND FLOOR
Circa 1,950.85 Sq. Ft with 60 covers restaurant and extended commercial kitchen
Restaurant and one first floor flat is let on a 10 year lease from 2024 with no break at an initial rent of £39,000/annum to be reviewed every 5 years on open market rent.
The lease is contracted Inside the LTA 1954
UPPER PART ACCOMMODATION
First floor circa 1,094.36 Sq. Ft, consists of two 1-bed flats. Both ensuites.
Second floor is circa 430.34 Sq. Ft with fitted kitchen and ensuite bedroom
Benefits from central heating
Shared access from the rear of the property
One car park for each flat
FLOOR PLANS
Ground Floor Plan
First Floor Plan
Second Floor Plan
THE LOCATION
High Wycombe, HP11
0.2 mile to High Wycombe
0.3 mile to Wycombe Museum
Close to Local Amenities
VIEWINGS & CONFIDENTIALITY
All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client and must have proof of funds to meet the premium and landlord’s requirements.
Strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.
DISCLAIMER
The above information is provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Restaurant
Building Size
1,950 SF
Year Built
1900
Price
$2,324,890 CAD
Price Per SF
$1,192.25 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories

NEARBY MAJOR RETAILERS

Costa Coffee
The Gym Group
chaiiwala
Iceland
Barclays
Santander
HSBC
Lounges
German Doner Kebab
Chicken Cottage
  • Listing ID: 32194865

  • Date on Market: 2024-06-20

  • Last Updated:

  • Address: 14-15 Easton St, High Wycombe HP11 1NT

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