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Class E Investment For Sale / To Let, Ideal House, Exchange Street, Aylesbury, HP20 1QY

2,595 Sq Ft / Retail / Class E - incl Office Leisure Healthcare

For Sale - £650,000.00

To Let - £55,000.00 per annum

Available - Last updated: 10 June 2024

The building comprises the freehold of the whole of this four storey building which comprises showroom accommodation on the ground floor, with six self-contained flats situated on the upper floors that have been sold off on long leases. The premises have a wide frontage with a return frontage to Exchange Street Car Park.

The showroom accommodation is currently used to display bathrooms but can be opened out to provide mainly open plan accommodation and would suit a variety of different uses subject to obtaining the necessary consents where required.

Vacant possession of the ground floor accommodation will be available on completion of a sale. The ground floor retail unit is also available to let and is suitable for a variety of uses under Class E including restaurant/caf�, educational, medical, creches / day centres.

( Agency Pilot Software ref: 1174 )

Location

The property is very prominently located fronting Exchange Street in Aylesbury town centre at the entrance to Exchange Street Car Park. Furthermore, it is opposite a multi-storey car park and Waitrose together with the Waterside Theatre. The town centre shops including Friars Square and Hale Leys Shopping Centres are close by

Accommodation

Ground Floor Retail: 2,595 sq. ft (241.08 sq.m )

First Floor: 2 x 2 bedroom flats

Second Floor: 2 x 2 bedroom flats

Third floor: 2 x 2 bedroom flats

Terms

PRICE Our clients seek offers in excess of £650,000, plus VAT if applicable.

RENT £55,000 per annum plus VAT for a new full repairing and insuring lease for a term to be agreed for the ground floor retail unit.

RATES The Valuation Office indicates a Rateable Value as of 1st April 2023 of £10,750 for the ground floor premises. Rate in the £ for 23/24 is 49.9p. Business rates relief may apply

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £650,000.00 NA
  To Let £55,000.00 per annum

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Adrian Dolan

Duncan Bailey-Kennedy

01494 355182

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