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
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.
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
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.
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.
