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112A & 112B,
Coronation Road,
High Wycombe,
Buckinghamshire,
HP12 3RP

3379 to 9339 Sq Ft (313.91 to 867.59 Sq M)

Industrial/Warehouse, Investment, Motor Trade/Yard

UNDER OFFER

Full Details

Location -

Situated on High Wycombe's principal Business Park approximately 0.5 mile from Junction 4 of the M40. High Wycombe town centre lies approximately 1 mile to the south and benefits from most major retailers, plus a British Rail Station, which serves London Marylebone (quickest journey time approximately 21 minutes).

Description -

A warehouse/factory building comprising two adjoining units.

Accommodation -

The site extends to approximately one acre.

112A Coronation Road
Ground Floor Factory/Office 443.82 m 4,777.28 sq. ft.
First Floor Office 109.93 m 1,183.24 sq. ft.
Total - 553.75 m 5,960.52 sq.ft.

112B Coronation Road
Ground Floor Factory 264.31 m 2,845.04 sq. ft.
First Floor Office 49.56 m 533.52 sq. ft.
Total - 313.87 m 3,379.56 sq.ft.

TOTAL approx. Gross Internal Area - 867.62 sq.m 9,339 sq.ft.)

Parking is available to the front and side.

Terms -

PRICE - Our clients seek offers in excess of £650,000 (six hundred and fifty thousand pounds), subject to contract for the benefit of their ground leasehold interest.

Rent -

LONG LEASEHOLD INTEREST - A 92-year ground lease was entered into from 25th March 1956 with approximately 28 years unexpired. The current ground rent is £80 per annum.

LEASES
112A
Let to The Green Board Game Company expiring on 6th July 2026, and is subject to 5 yearly rent reviews. The next rent review is in July 2021.
The passing rent is £30,000 per annum exclusive of Business Rates, building insurance, and all other outgoings including utilities.

112B
Let to The Green Board Game Company, expiring on 6th July 2026, subject to 5 yearly rent review due 6th July 2021.
The current rent is £20,000 per annum exclusive of Business Rates, building insurance, and all other outgoings, including utilities.
The total net income receivable is therefore £50,000 per annum with scope for uplift in 2021 by implementing the rent reviews.

Rateable Value -

To be confirmed.

Energy Performance Rating -

The EPC rating for this property is:
112A: E - 124
112B: C - 66

Viewing -

FAO: Stephen Bailey-Kennedy / Tom Good / Adrian Dolan
Email: steveb@dbk.co.uk / tomg@dbk.co.uk / adriand@dbk.co.uk
Telephone: 01494 450951

Property Contacts

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Stephen Bailey-Kennedy

FRICS

Consultant

01628 484343

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Tom Good

BA (Hons)

Surveyor

01494 450951

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Adrian Dolan

MA MRICS

Partner

01494 839913

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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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Winner Co Star Agency Awards 2016 & 2017 West London and Thames Valley. Buckinghamshire Winners 2018

High Wycombe

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