Offers over
£490,000
(£625.00/sq. ft)
Property for sale2/2A Hart Street, Henley-On-Thames, Oxfordshire RG9
784 sq. ft
Just added
Available immediately
Freehold
About this property
Town Centre Investment Let To Excellent Covenant
Recent 10 Year Lease Renewal
Tenant Currently Undertaking Landlord Approved Works To Enlarge Premises
Location
2/2A, Hart Street is prominently situated in Henley on Thames town centre close to the junction with Duke Street and Bell Street. Nearby occupiers include Mint Velvet, Sweaty Betty, Starbucks and numerous other national retailers.
Description
2/2A, Hart Street forms part of the existing Harris & Hoole coffee shop on the corner of Hart Street & Duke Street and comprises ground floor Café and prep area and first floor café/seating. In addition, at the front of the property, there is an area of pavement utilized as customer seating that we understand is included in our Client's freehold title. (Prospective buyers are advised to take legal advice).
Investment Details
2/2A Hart Street is held on Lease by Harris & Hoole who operate a coffee chain throughout the UK with over 100 outlets. The business is a wholly owned subsidiary of the Caffé Nero Group.
Harris & Hoole have operated from the subject property for about 8 years and occupy the adjacent property at 2-4, Duke Street in conjunction with the subject property.
The subject property is let on effective full repairing terms.
Lease Term - 10 years from 8th October 2025, subject to a Tenant break option at Oct.2028.
Rent - £30,000 per ann., exclusive.
Rent Review - October 2030, open market upward only review.
Legal Costs
Both parties' legal costs to be borne by the purchasers.
VAT
It is anticipated that the property will be sold as a going concern.
Energy Performance Rating
b-35
2/2A, Hart Street is prominently situated in Henley on Thames town centre close to the junction with Duke Street and Bell Street. Nearby occupiers include Mint Velvet, Sweaty Betty, Starbucks and numerous other national retailers.
Description
2/2A, Hart Street forms part of the existing Harris & Hoole coffee shop on the corner of Hart Street & Duke Street and comprises ground floor Café and prep area and first floor café/seating. In addition, at the front of the property, there is an area of pavement utilized as customer seating that we understand is included in our Client's freehold title. (Prospective buyers are advised to take legal advice).
Investment Details
2/2A Hart Street is held on Lease by Harris & Hoole who operate a coffee chain throughout the UK with over 100 outlets. The business is a wholly owned subsidiary of the Caffé Nero Group.
Harris & Hoole have operated from the subject property for about 8 years and occupy the adjacent property at 2-4, Duke Street in conjunction with the subject property.
The subject property is let on effective full repairing terms.
Lease Term - 10 years from 8th October 2025, subject to a Tenant break option at Oct.2028.
Rent - £30,000 per ann., exclusive.
Rent Review - October 2030, open market upward only review.
Legal Costs
Both parties' legal costs to be borne by the purchasers.
VAT
It is anticipated that the property will be sold as a going concern.
Energy Performance Rating
b-35
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