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Freehold

Offers over

£650,000

(£500.00/sq. ft)

Retail premises for sale

37 Jansel Square (Costa Investment), Bedgrove, Aylesbury HP21
1,300 sq. ft

Offers over

£650,000

(£500.00/sq. ft)

Retail premises for sale
37 Jansel Square (Costa Investment), Bedgrove, Aylesbury HP21

    • 1,300 sq. ft

  • EPC Rating: D

Freehold

About this property

  • Tenants - Costa Coffee

  • Other occupiers include Budgens, Martins the Newsagents, Banks, Restaurants, Bookmakers and a public House.

  • Very busy neighbourhood shopping centre in densely populated residential area.

  • 6 apartments above producing ground rent and management income

  • Total income £35,575 pa

Description

Aylesbury investment: Unit let to Bristal Investments Ltd (t/as costa coffee). Bristal Investments Ltd (reg No: 04953192) commenced trading in 2003 & have taken 15 year Fri lease within the Act from 19.11.2017, subject to market value rent reviews at years 5 & 10 & tenant only break clause end of year 10, by giving 6 months written notice. Current Rental for the next 5 yrs is £33,250 pa. Ground rent from 6 apartments £1,350.
Management Incomes £2400 pa. Total income of £35,575 pa. Offers sought in excess of £700,000.

Location

Bedgrove is one of the most popular neighbourhood shopping centres in Bucks due to location & ample parking, (free for 2 hours & £1 thereafter). Occupiers include Sainsbury, Dominoes & public house, with a petrol station adjacent. Aylesbury, is approx 44m nw of London, 23m from Oxford & 15m south of Milton Keynes. Located on the junction of A41, A413 & A418 providing easy access to M1, M40 & M25, in 20 mile radius. The town has a mainline railway station with direct line to London Marylebone with a journey time of approx 55 mins. Aylesbury is due for enormous expansion & will accommodate a population in the region of 80,000-100,000.

Business Rates

£23,750.00

EPC

C59

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