£875,000

Property for sale

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£875,000

(£329.82/sq. ft)

Property for sale

Duke Street & Henderson House, New Road, Princes Risborough, Buckinghamshire HP27

2,653 sq. ft

Local area information

Property location

Nearby amenities

  • St Teresa's School 0.2 miles
  • Princes Risborough Primary School 0.3 miles
  • Princes Risborough 0.7 miles
  • Monks Risborough 0.8 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Princes Risborough to find out more about the local area.

Features and description

  • Mixed Use Freehold Investment For Sale
  • Retail, Medical & Two Flats
  • Situated In The Heart Of Princes Risborough Town Centre
  • No VAT Applicable
  • Producing £53,500 Per Annum.
The property is a mixed use retail, residential and medical investment currently let to four separate tenants. To the front is the retail premises of 4 Duke Street currently let to a dry cleaners and alterations business that also provides rear access.

To the rear is Henderson House which provides a ground floor medical aesthetics clinic. There are two well presented, two-bedroom residential properties on the first floor which extend over the clinic and retail premises. Both flats are let on Assured Shorthold tenancies and accessed via a ground floor entrance lobby. There is allocated car parking onsite to all tenants directly off New Road.

Investment details:

Property: 4 Duke Street

Tenant: Bentleys of Amersham Ltd

Term: 12/06/2023 -11/06/2033

Rent: £14,000 pa

Other: Tenant break option and rent review at year 5. Outside 1954 L&T Act.

Property: Ground Floor Henderson House

Tenant: Whiteleaf Medical Aesthetics Ltd

Term: 20/11/2023 - 19/11/2030

Rent: £12,500 pa

Other: Upwards only rent review on the 4th anniversary of the term. Outside 1954 L&T Act.

Property: Flat 1 Henderson House

Tenant: AST

Term: 08/12/2024 - 07/12/2025

Rent £13,800 pa

Other: Mutual break option 8th June 2025 with two months prior written notice.

Property: Flat 2 Henderson House

Tenant: AST

Term: 28/02/2025 - 27/02/2026

Rent: £13,200 pa

Total: £53,500 per annum.

More information

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  3. Buckinghamshire
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  5. Duke Street