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Industrial/Office Investment, Lansdales House, Lansdales Road, High Wycombe, HP11 2PB
2,232 Sq Ft / Industrial / Mixed Use
Sold - Last updated: 26 July 2024
Two-storey building with the ground floor used as an upholstery business with the upper parts arranged for B1 use.
Separate access for first floor is granted via external staircase on front elevation.
Location
Conveniently tucked on a service road to Desborough Road, with immediate access the A40 and town centre.
Accommodation
Ground Floor: 1,116 sqft
First Floor: 1,116 sqft
Total: 2,232 sqft GIA
Terms
VAT - The property has not been opted for VAT.
Energy Performance Certificates - A copy of the certificate is appended to these particulars; the rating is 113/E.
Tenure - The freehold interest is available subject to the following:
First floor – Vacant
Ground floor:
- 3-year term from 4th April 2020
- Landlord rolling break subject to 3-month notice
- Passing rent at £9,XXXa payable monthly
- Outside provisions 24-28 of the 1954 Landlord and Tenant Act.
- Tenant – Upholstery business
- Insurance – Landlord insures the property, tenant reimburses premium.
Proposal - We are instructed to invite offers in the region of £275,000 for the freehold interest subject to the existing lease.
Specification
- Two storey industrial/office unit with parking for 3 vehicles
- Suitable for a variety of uses, subject to planning
- 50% let, with first floor vacant and ground floor occupied on flexible lease terms (details enclosed)
- Offers invited in the region of £275,000 for the freehold interest
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