Situated in an established industrial area on the west side of High Wycombe town centre. The M40 is within a 10 minute drive providing excellent network links with the M4, M25 and the rest of the nations motorway network.
The property comprises a modern single-storey, clear span industrial/warehouse unit incorporating a 2-stoey office at the eastern end of the building. Access is via two sliding loading doors. Externally there is a self-contained yard of approximately 60mx 15m. In addition there are WC’s and a fitted kitchen.
The freehold investment is for sale subject to the existing lease fro the £1,100,000.00 equating to a yield of 7.625% after purchasers costs of 5.8%
The current passing rent is £79,000.00 per annum exclusive for a term of 5 years dated with a tenants option to break at the end of year 3 subject to six months prior written notice.
We are verbally advised by Wycombe DC that the RV is £48,250.00.
Each party to bear its own legal fees in this transaction.
Unless otherwise stated all rents and prices referred to or quoted in connection with this property do not include VAT which may be chargeable.
Strictly through Sloe Agents Deriaz Campsie
Contact – Mark Potter DDI – 01628 495510