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56-58 Kingsbury
2,414 - 2,777 SF Retail Units Offered at £585,000 - £625,000 Per Unit in Aylesbury HP20 2JE
Investment Highlights
- Aylesbury is an historic market town with a population of approximately 75,000 and is approximately 25 miles east of Oxford
- Great transport links
- Aylesbury has excellent road links with the A41, A413, A418 and A4157 Ring Road providing connections to the surrounding area
Executive Summary
The property comprises a mid-terraced building dating from the 18th Century, which has been extended to the rear overtime and currently provides a restaurant over ground floor, with the front first floor not accesible. The original two storey building is of brick construction with render finish to the first floor under a tiled roof. The round floor has a modern shop front with timber framed double glazed bi-fold windows and timber framed glazed panel entrance door to the western end and illuminated signage board and swing sign above. At first floor level, the building has timber framed single glazed windows with a decorative tile pitch roof above the western gable end window. To the rear, there is a single storey building of brick construction with asymmetric pitch roof with corrugated metal roof with a metal glazed panel finish to the front section of short pitch over restaurant area and a mezzanine ancillary storage area within the rear roof area above and accessible from the ground floor store
Property Facts
| Price | £585,000 - £625,000 | Building Class | B |
| Unit Size | 2,414 - 2,777 SF | Number of Floors | 3 |
| No. Units | 2 | Typical Floor Size | 1,421 SF |
| Total Building Size | 4,264 SF | Year Built | 1850 |
| Property Type | Retail | Lot Size | 0.03 AC |
| Property Subtype | Storefront | Parking Ratio | 2.11/1,000 SF |
| Price | £585,000 - £625,000 |
| Unit Size | 2,414 - 2,777 SF |
| No. Units | 2 |
| Total Building Size | 4,264 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Building Class | B |
| Number of Floors | 3 |
| Typical Floor Size | 1,421 SF |
| Year Built | 1850 |
| Lot Size | 0.03 AC |
| Parking Ratio | 2.11/1,000 SF |
2 Units Available
Unit 56
| Unit Size | 2,777 SF | Sale Type | Investment |
| Price | £585,000 | Tenure | Freehold |
| Price Per SF | £210.66 | Net Initial Yield | 6.51% |
| Unit Use | Retail | NOI | £38,083.50 |
| Unit Size | 2,777 SF |
| Price | £585,000 |
| Price Per SF | £210.66 |
| Unit Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Net Initial Yield | 6.51% |
| NOI | £38,083.50 |
Description
The property comprises a mid-terraced building constructed with brick elevations under a double pitched tiled roof with an extension at ground floor level.
Sale Notes
The freehold investment is available at a price of £585,000 subject to contract and exclusive
of VAT, which equates to a net initial yield of approximately 6.51% after assuming normal
purchasers costs.
Unit 58
| Unit Size | 2,414 SF | Tenure | Freehold |
| Price | £625,000 | Net Initial Yield | 6.09% |
| Price Per SF | £258.91 | NOI | £38,062.50 |
| Unit Use | Retail | No. Parking Spaces | 6 |
| Sale Type | Investment |
| Unit Size | 2,414 SF |
| Price | £625,000 |
| Price Per SF | £258.91 |
| Unit Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Net Initial Yield | 6.09% |
| NOI | £38,062.50 |
| No. Parking Spaces | 6 |
Description
The property comprises a mid-terraced building constructed with brick elevations under a double pitched tiled roof with an extension at ground floor level.
Sale Notes
The freehold investment is available at a price of £625,000 subject to contract and exclusive
of VAT, which equates to a net initial yield of approximately 6.09% after assuming normal
purchasers costs.
Amenities
- EPC - E
- Roller Shutters
- Storage Space
Nearby Major Retailers
Presented by
56-58 Kingsbury
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