High Street, Chesham

Located in a prime position on the High Street is this investment/development opportunity. The retail shop is currently rented to Helen & Douglas House a charity that provides hospice care for babies and children in Oxfordshire and surrounding areas. The lease is for a 5 year term from September 2023 at a rent of £30,000 pa with a 3 year mutual break. Also included is the ground rent of £150.00 pa from flats on the first floor the courtyard to the rear of the property and the freehold of 62-64 High Street which include 3 flats, and a ground floor shop all sold on long leases, the flats paying £150 pa GR. There is planning permission for a 2 bedroom flat at the rear of the shop under planning application PL/20/2064/FA. The planning consent for the two bedroom flat has been implemented and confirmed by the local authority.
Chesham is a busy market town with good transport links including the Metropolitan Line tube station, bus terminal and taxi rank.

25/01/2024 10:17:41

INVESTMENT OPPORTUNITY