£900,000

Retail premises for sale

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Just added
Leasehold

£900,000

(£409.84/sq. ft)

Retail premises for sale

Collins House, Station Road, Gerrards Cross, London SL9

2,196 sq. ft

Local area information

Property location

Nearby amenities

  • Gerrards Cross 0.2 miles
  • St Mary's School 0.3 miles
  • Thorpe House School 0.5 miles
  • Denham Golf Club 1.6 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Gerrards Cross to find out more about the local area.

Features and description

  • Leasehold
  • Properties: Three retail units, all are self-contained and occupied by three separate tenancies
  • Size & Tenancies: No.32 (LaVinci) – 693 sqft | no.32a (Forge Boutique) – 773 sqft | no.32c (Lark London) – 730 sqft | Total = 2,196 sqft
  • Income: £75,000 per annum (each unit let at £25,000 per annum)
  • Use Class: Class-e (Commercial, Business & Service) including retail
  • Terms: Virtual freehold interest for sale (999-years) at a peppercorn ground rent
  • Price: £900,000 (8.3% gross yield)
Description

The Building: Chapters is a contemporary mixed-use development comprising 36 luxury one and two bed apartments, with retail on the ground floor

Developer: Scheme completed by Life Less Ordinary

Footfall: The units benefit from one of the strongest positions on the high street, enjoying consistent footfall generated by nearby prime retailers including Waitrose and Anytime Fitness

Likely Buyer: Local investor or sipp purchaser seeking secure income in a high-demand, low vacancy high street location

Location

Chapters is pominently located on Station Road in the centre of Gerrards Cross, directly opposite Waitrose and Anytime Fitness, within immediate proximity to the town’s principal retail and service offering.

Gerrards Cross railway station is a short walk away, providing fast and frequent services to London Marylebone in 20 minutes.

The property benefits from excellent road connectivity, with Junction 2 of the M40, Central London and the wider motorway network.

Gerrards Cross is an afflient Buckinghamshire town with a strong local catchment, making it a highly attractive commercial location.

More information

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  1. Zoopla
  2. Commercial for sale
  3. Buckinghamshire
  4. Gerrards Cross
  5. Station Road