17 Manor Courtyard Hughenden Avenue High Wycombe Buckinghamshire HP13 5RE

17 Manor Courtyard
Hughenden Avenue
High Wycombe
Buckinghamshire
HP13 5RE

Freehold Modern Office Investment

On Behalf of Receivers
Entirely Let to Arthur J Gallagher UK Limited until 2026 (No Breaks)
Modern 2 Storey Office Building
Approximately 188.01 sq m (2,204 sq ft)
Includes 9 Car Parking Spaces
Located on Established Business Park in Centre of High Wycombe

Lot
12
Auction
31st March 2022
Rent
£28,836 per Annum Exclusive
Status
Sold
Price
£400,000
Auction Venue
Live Streamed Auction
On Behalf of Receivers

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Freehold Modern Office Investment

On Behalf of Receivers
Entirely Let to Arthur J Gallagher UK Limited until 2026 (No Breaks)
Modern 2 Storey Office Building
Approximately 188.01 sq m (2,204 sq ft)
Includes 9 Car Parking Spaces
Located on Established Business Park in Centre of High Wycombe

Lot 12
Auction 31st March 2022
Rent £28,836 per Annum Exclusive
Status Sold
Price £400,000
Sector
Office
Auction Venue
Live Streamed Auction
On Behalf of Receivers

Property Information

Location

Miles: 10 miles west of Beaconsfield, 13 miles north-east of Henley-on-Thames, 28 miles south-west of Hemel Hempstead
Roads: A40, A404, M40, M4, M25
Rail: High Wycombe Mainline Railway Station
Air: London Heathrow Airport, London Gatwick Airport, London Luton Airport

Situation

The property is situated within Manor Courtyard, a modern pavilion office park comprising 20 office buildings in 3 x two storey terrace's. Each building has designated car parking. Manor Courtyard is accessed off the north side of Hughenden Avenue which runs off the west side of Hughenden Road (A4128) approximately half a mile north of High Wycombe town centre.

Tenure

Freehold.

Location

Miles: 10 miles west of Beaconsfield, 13 miles north-east of Henley-on-Thames, 28 miles south-west of Hemel Hempstead
Roads: A40, A404, M40, M4, M25
Rail: High Wycombe Mainline Railway Station
Air: London Heathrow Airport, London Gatwick Airport, London Luton Airport

Situation

Tenure

Freehold.

Description

The property comprises a mid terrace building with office accommodation on the ground and first floors. The property benefits from having 9 designated car parking spaces.

VAT

VAT is applicable to this lot.

Note

Unit 16 Manor Courtyard is also being offered for sale separately as Lot 23. This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge, but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

Completion Period

Six week completion

EPC

Band C.

Description

The property comprises a mid terrace building with office accommodation on the ground and first floors. The property benefits from having 9 designated car parking spaces.

VAT

VAT is applicable to this lot.

Note

Completion Period

Six week completion

EPC

Band C.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)	Floor Areas (Approx sq ft)	Tenant	Term	Rent p.a.x.	Reversion
Ground First	Office Office	90.20 sq m 97.90 sq m	(970 sq ft) (1,053 sq ft)	ARTHUR J GALLAGHER (UK) Limited (CRN 01193013) (1)	10 years from 21/06/2016	£28,836	20/06/2026
Total Approximate Floor Area		188.10 sq m	(2,024 sq ft) (2)			£28,836

(1) For the year ending 31/12/2020 Arthur J Gallagher UK Limited reported a Turnover of £221,739,000, a Pre-Tax Profit of £99,681,000 and a Net Worth of £268,314,000 (NorthRow 06/03/2022) and was incorporated in 1974.
(2) The floor areas stated above are those published by the Valuation Office Agency. (www.voa.gov.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.