£1,400,000
(£253.07/sq. ft)
Property for sale42/42A Packhorse Road & 2, 2A-D Station Road, Gerrards Cross, Buckinghamshire SL9
5,532 sq. ft
Available immediately
About this property
Freehold town centre retail parade for sale
42/42A packhorse road & 2,2A-d station road, gerrards cross, bucks SL9 8EB
Town centre
Income secured over 4 retail/restaurant tenancies
gross yield c. 7.3%, net yield c. 6.9%
upper parts are potentially available*
Location
The property is situated in the vibrant heart of Gerrards Cross at the junction of Packhorse Road and Station Road - a highly prominent
town-centre position. Street car parking is available close by, as are several public car parks, and the mainline railway station is 2 minutes'
walk away. Gerrards Cross is an affluent small town just off the A40 to the west of London and sits 4 miles east of Beaconsfield and junction 2 of the
M40.
Description
The property consists of a small parade of commercial units comprising three lock-up shops and one restaurant on ground level. The upper floors are retained by our clients on fully repairing long-leaseholds. * The upper floors, other than that over the nail bar, may be available by separate negotiation. Currently in office use, they have received Permitted Development for conversion to flats. Details upon request.
Ground floor tenants include Holland & Barrett, who have 2 leases, popular independent restaurant, Jack & Alice, and a long-established beauty business, Nails & Brows.
Tenancies
A schedule of tenancies with approximate floor areas is available on request. Current ground floor income stands at £102,275 p.a.
EPCs
Vary from B to D
Terms
We are seeking offers in excess of £1,400,000 for the freehold interest in the buildings.
Viewings
Strictly by arrangement with sole agents. For more information, email or phone
42/42A packhorse road & 2,2A-d station road, gerrards cross, bucks SL9 8EB
Town centre
Income secured over 4 retail/restaurant tenancies
gross yield c. 7.3%, net yield c. 6.9%
upper parts are potentially available*
Location
The property is situated in the vibrant heart of Gerrards Cross at the junction of Packhorse Road and Station Road - a highly prominent
town-centre position. Street car parking is available close by, as are several public car parks, and the mainline railway station is 2 minutes'
walk away. Gerrards Cross is an affluent small town just off the A40 to the west of London and sits 4 miles east of Beaconsfield and junction 2 of the
M40.
Description
The property consists of a small parade of commercial units comprising three lock-up shops and one restaurant on ground level. The upper floors are retained by our clients on fully repairing long-leaseholds. * The upper floors, other than that over the nail bar, may be available by separate negotiation. Currently in office use, they have received Permitted Development for conversion to flats. Details upon request.
Ground floor tenants include Holland & Barrett, who have 2 leases, popular independent restaurant, Jack & Alice, and a long-established beauty business, Nails & Brows.
Tenancies
A schedule of tenancies with approximate floor areas is available on request. Current ground floor income stands at £102,275 p.a.
EPCs
Vary from B to D
Terms
We are seeking offers in excess of £1,400,000 for the freehold interest in the buildings.
Viewings
Strictly by arrangement with sole agents. For more information, email or phone
Mortgage calculator
Monthly repayment
£7,003 per month
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