Chenies Av 1,449 SF Office/Medical Units Offered at £495,000 - £695,000 Per Unit in Little Chalfont HP7 9FG
INVESTMENT HIGHLIGHTS
- Excellent location
- Income generating investment sale
- Potential for rental growth
EXECUTIVE SUMMARY
Little Chalfont is a prosperous Buckinghamshire town with good road links. Chalfont Metropolitan and Chiltern Line Station is within a few minutes' walk. The property is in a parade which includes Tesco Express, Wenzels, Rex Artisan Bakery and Costa Coffee. There are numerous restaurants nearby.
PROPERTY FACTS
| Price | £495,000 - £695,000 |
| Unit Size | 1,449 SF |
| No. Units | 2 |
| Total Building Size | 2,415 SF |
| Property Type | Office |
| Property Subtype | Medical |
| Building Class | B |
| Number of Floors | 2 |
| Typical Floor Size | 1,208 SF |
| Year Built | 2021 |
| Lot Size | 0.20 AC |
2 UNITS AVAILABLE
Unit 1
| Unit Size | 1,449 SF |
| Price | £695,000 |
| Price Per SF | £479.64 |
| Unit Use | Office/Medical |
| Sale Type | Investment |
| Tenure | Freehold/Long Leasehold |
| Net Initial Yield | 5.76% |
| NOI | £40,000 |
DESCRIPTION
Fitted out to a very high standard as a hearing centre
including bespoke glazed partitioning.
SALE NOTES
Let to Chalfont Hearing Centre Limited for a term of 7 years
from 1st January 2023 at a rent of £40,000 per annum
exclusive subject to an upwards only rent review on 1st
January 2026. Tenant only break clause 31st December
2026.
Unit 2
| Unit Size | 1,449 SF |
| Price | £495,000 |
| Price Per SF | £341.61 |
| Unit Use | Office/Medical |
| Sale Type | Investment |
| Tenure | Freehold/Long Leasehold |
| Net Initial Yield | 6.46% |
| NOI | £32,000 |
DESCRIPTION
Fitted out as a wellness centre including four surgeries and
reception area.
SALE NOTES
Let to T S GataAura for a term of 15 years from 10th
September 2018 at a rent of £32,000 per annum exclusive.
There is an upwards only rent review on 10th September
2028. There is a mutual break clause on 10th September
2028.
