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Pheasant Hill Garage,
London Road,
Chalfont St Giles,
Buckinghamshire,
HP8 4NN

7099 Sq Ft (659.5 Sq M)

Investment, Motor Trade/Yard

FOR SALE

Features:

  • Freehold Roadside Investment For Sale
  • Prominent Motor Dealership & Car Showroom With Workshop
  • Producing £95,000 per annum
  • Located In An Affluent Area Close to Chalfont St Giles, Buckinghamshire

Full Details

Location -

The property is prominently located in an affluent area just to the north of the village of Chalfont St Giles, Buckinghamshire in an elevated position on the northern side of the A413 London Road. This is a busy location with significant passing trade. The A413 links Amersham to the north and Chalfont St Peter, Gerrards Cross and Junction 1 of the M40 / Junction 16 of the M25 to the south.

Description -

The premises comprise a detached car showroom with workshops to the rear on a corner plot of approximately 0.17 hectares / 0.42 acres. The accommodation is split level providing two floors of showrooms to the front with workshops to the rear and offices situated on a mezzanine floor. The workshop accommodation is accessed to the rear off Vache Lane. There is good onsite forecourt parking with approximately 27 display spaces fronting and accessed from London Road, with a further 17 display / parking spaces to the rear accessed from Vache Lane.

The property is suitable for future alternative uses or redevelopment, subject to the
necessary planning consents being obtained.

INVESTMENT DETAILS:

The property is let to CSG Motor Company Limited from 1st January 2017 for a 15 year term at a passing rent of £95,000 per annum, rising to £100,000 per annum on 1st January 2027. There is a mutual break clause on the tenth year of the term operable with a minimum of six months prior written notice. The lease is inside the Landlord & Tenant Act 1954 Part II.

The lease is full repairing. A copy of the lease is available on request.

Accommodation -

The premises provide the following accommodation measured on a gross internal area
basis: -

Ground Floor
Showroom / WC's - 126.23 m2 / 1,359 sq. ft.

First Floor
Showroom / WC's - 132.15 m2 / 1,422 sq. ft.
Reception / Parts Store - 60.08 m2 / 647 sq. ft.
Workshops - 295.22 m2 / 3,178 sq. ft.
Mezzanine Office - 34.60 m2 / 372 sq. ft.

External workshop changing rooms / WC & Storage - 11.27 m2 / 121 sq. ft.

TOTAL - 659.54 m2 / 7,099 sq. ft.

Terms -

Our clients seek £1,850,000 for their freehold interest on an unconditional basis, subject to contract. VAT is applicable.

To comply with our legal responsibilities for Anti-Money Laundering it will be necessary for the successful bidder to provide company information, identification and proof of funds before the deal is completed.

Rateable Value -

The Valuation Office website indicates that the 1st April 2023 Rateable Value for the property is £68,000. Rate in the £ for 23/24 is 51.2p.

Energy Performance Rating -

The EPC rating for this property is D-100.

Viewing -

Strictly by appointment with the Joint Sole Agents Duncan Bailey Kennedy and Kempton Carr Croft:

Phillip Mawby / Tom Good / Mitchell Brooks
phillipm@dbk.co.uk / tomg@dbk.co.uk / mitchell.brooks@kemptoncarr.co.uk
01494 450951

Property Contacts

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Tom Good

BA (Hons)

Surveyor

01494 450951

Email Agent
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Adrian Dolan

MA MRICS

Partner

01494 839913

Email Agent
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These pages are updated regularly, but please contact us if you have a specific enquiry, or for details of properties that have not yet made our website. These particulars are believed to be correct, but their accuracy is in no way guaranteed, neither do they form any part of any contract. They are issued on the understanding that all negotiations are conducted, subject to contract, through Duncan & Bailey-Kennedy. 'Finance Act 1989 - unless other stated, our prices and rents are quoted exclusive of VAT. Any intending purchasers or lessees must satisfy themselves independently as to the incidence of VAT in respect of any transaction.

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Duncan Bailey Kennedy LLP is a limited liability partnership incorporated and registered in England and Wales with registered number OC 417099 whose registered office is at The Mews, 20 Amersham Hill, High Wycombe, Bucks, HP13 6NZ

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High Wycombe

01494 450951
The Mews, 20 Amersham Hill, High Wycombe, Buckinghamshire, HP13 6NZ