Offers over
£650,000
(£500.00/sq. ft)
Retail premises for sale37 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
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