DESCRIPTION:
Unit 7 forms part of a small development of industrial/business units, originally constructed in the 1980's and offers flexible space suitable for light industrial/storage with offices. The building totals approximately 1,092 sq.ft. and is presently designed with three separate offices and industrial/storage space.
TENURE - The property is held on a ground lease for a term expiring 20/12/2108. Ground rent is £150 pax.
TERMS - The long leasehold interest is offered For Sale with vacant possession upon completion. Alternatively, the building can be available on a new full repairing and insuring lease for a term to be agreed.
PRICE - For the balance of the long leasehold interest £150,000, subject to contract.
LEASE - For a new occupational lease for a term to be agreed at a rent of £10,800 per annum exclusive.
RATEABLE VALUE - We are advised that the current rateable value is £9,600, but this can be verified by phoning the Business Rates Department at Wycombe District Council on 01494 461000. Also, rateable values can be obtained by visiting www.voa.gov.uk.
VAT - Please note, we are advised by the vendor that the property is not registered for VAT.
VIEWING - By appointment with the Sole Agents:-
Duncan & Bailey-Kennedy, FAO: Charles Miller, Telephone: 01494 450951 or E-mail: charlesm@dbk.co.uk
N.B. This property is affected by the Estate Agent's Act 1979. Please speak to one of the Partners if you require further information. |