3 Oxford Street High Wycombe Buckinghamshire HP11 2DG

3 Oxford Street
High Wycombe
Buckinghamshire
HP11 2DG

Freehold Retail Investment

Let to RAL Limited
Lease expires in June 2026 (no breaks)
Tenant in occupation since 2005
Tenant converted first floor to tanning studio in 2019
Future potential to convert first floor to residential (subject to lease and consents)
Affluent Buckinghamshire commuter town
Nearby occupiers include Primark, KFC, Greggs, Costa Coffee, Sainsbury's and McDonalds
VAT-free investment

Lot
2
Auction
31st March 2022
Rent
£28,000 per Annum Exclusive
Status
Sold
Price
£555,000
Auction Venue
Live Streamed Auction

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Freehold Retail Investment

Let to RAL Limited
Lease expires in June 2026 (no breaks)
Tenant in occupation since 2005
Tenant converted first floor to tanning studio in 2019
Future potential to convert first floor to residential (subject to lease and consents)
Affluent Buckinghamshire commuter town
Nearby occupiers include Primark, KFC, Greggs, Costa Coffee, Sainsbury's and McDonalds
VAT-free investment

Lot 2
Auction 31st March 2022
Rent £28,000 per Annum Exclusive
Status Sold
Price £555,000
Sector
High Street Retail
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 7 miles north-west of Beaconsfield, 8 miles south-west of Amersham, 28 miles north-west of Central London
Roads: A40, A404, M40 (Junctions 3 & 4)
Rail: High Wycombe Railway Station
Air: London Heathrow Airport

Situation

High Wycombe is an affluent London commuter town and the property occupies a prominent town centre location on the south side of Oxford Street, at its junction with pedestrianised Bull Lane. Nearby occupiers include Primark, KFC, Greggs, Costa Coffee, Sainsbury's and McDonalds. In addition Eden Shopping Centre and Chilterns Shopping Centre are both a short distance from the property.

Tenure

Freehold.

Location

Miles: 7 miles north-west of Beaconsfield, 8 miles south-west of Amersham, 28 miles north-west of Central London
Roads: A40, A404, M40 (Junctions 3 & 4)
Rail: High Wycombe Railway Station
Air: London Heathrow Airport

Situation

Tenure

Freehold.

Description

The property comprises a ground floor shop with a tanning studio on the first floor.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a ground floor shop with a tanning studio on the first floor.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x
Ground First	Retail/Ancillary Tanning Studio	83.64 sq m 81.48 sq m	(900 sq ft) (877 sq ft)	RAL LIMITED (1) t/a Admiral Casino Slots	10 years from 07/06/2016 on a full repairing and insuring lease	£28,000
Totals		165.12 sq m	(1,777 sq ft)			£28,000

(1) www.admiralcasino.co.uk

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.