TypeRetail Investments · Assured Shorthold Tenancies · Industrial Investments
TenureFor sale
A Diverse Portfolio of commercial & residential property including strategic land holding in Nazeing, Essex
The portfolio comprises six investment properties located in Princes Risborough, combining
prominent town centre retail and garage workshop properties, with residential dwellings, plus
a 50% share in a 1.94 acre parcel of land in Nazeing, Essex.
Four of the properties form part of a terrace of adjoining buildings on Bell Street, including 2
shops, a terraced house and large first floor flat. The remaining two comprise a garage /
workshop off Summerleys Road, and a semi-detached house located off Longwick Road.
The properties are let to a range of established local occupiers together with residential
tenancies on Assured Shorthold Tenancies, producing a diversified income stream.
The commercial leases are on effectively full repairing and insuring terms, although the
tenant's repairing liability at 54 Bell Street is limited by reference to a Schedule of Condition.
The current total rent equates to £117,012 per annum (exclusive of VAT where applicable).
PRICE ON APPLICATION.
Approx. 6,498 Sq ft commercial accommodation
Approx. 2,014 Sq ft residential accommodation
Scope for development / change of use on part of the portfolio
Total rental income of £117,012 per annum (ex. VAT where applicable)
Set at the foot of the Chilterns National Landscape, Princes Risborough combines the pull of a well-connected market town with the setting of the countryside around it. Chiltern Railways run direct services to London Marylebone in under an hour, while the M40 and A4010 give fast access to High Wycombe, Oxford and the wider commercial corridor between the two.
The town centre retains a strong independent trade alongside national retailers, supported by a settled residential base and steady footfall from surrounding villages. Ongoing local development, including new housing at the town's edges, continues to expand the resident and consumer base underpinning both retail and residential demand.