Summary
Investment opportunity to purchase a freehold mixed-use property of commercial and residential (3 x one-bedroom apartments) current income £73,640 per annum
0 Bedrooms
Fully Let Commercial and Residential character-building set in one of the main streets in Henley on Thames offering a superb investment opportunity
The property offers A1 shop premises with ground floor and basement let on a 10-year lease to Biggie Best Ltd
To the first and second floor are 3 apartments offering potential to improve and increase the rental return, currently all are let on Assured Shorthold Tenancies
Henley on Thames is a vibrant market town renowned for the famous Henley Royal Regatta and Arts Festival, featuring a number of fashion retailers along with specialist outlets, excellent transport facilities located on the River Thames.
Description
Situation
A rare opportunity to purchase a Grade II listed freehold town centre commercial and residential building located in one of the main shopping streets in Henley on Thames.
The E Class Retail premises comprising ground floor and basement is currently let to Biggie Best Ltd trading as Lots of Living.
Terms: 10-year lease from 20.12.2023 - Inside the 1954 Landlord & Tenant Act
Passing Rent: £42500 per annum
Full Repairing and Insuring Lease
Break Clause: Tenant only 19.12.2028
Flat 4A Duke Street: A one bedroom apartment
currently let on a Periodic Assured Shorthold Tenancy to Ms L D at £695 pcm
EPC – D – Expires 31.03.3031
Flat 4B Duke Street: A one bedroom apartment currently let on a 12 month Assured Shorthold Tenancy to Mr T. M from 04.12.2023 at £950 pcm
EPC- D – Expires 17.10.2028
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Flat 4C Duke Street: A one bedroom apartment currently let on a 12 month Assured Shorthold Tenancy to Ms O from 01.12.2023 @ £950 pcm
EPC – E – Expires 03-06-2030
Each tenant is responsible for paying connected utilities and Council tax the apartments are subject to Agency Management Charges.
Location
Henley on Thames is a vibrant market town renowned for the famous Henley Royal Regatta and Arts Festival, featuring a number of fashion retailers along with specialist outlets, excellent transport facilities located on the River Thames.
Henley-on-Thames