Grade II Listed Freehold Restaurant with 3 Flats in High Wycombe for Sale
High Wycombe, Buckinghamshire
- Status
FOR SALE
- Advert ID
613178
- Reference
RPS-21333_HIGH_WYCOMBE_FREEHOLD / Rightbiz
- Call Agent:
- Freehold: £1,250,000 (Stock at valuation)
- Turnover: Not Applicable
- Profit: Not Applicable
Key Features
- Fully Fitted
- Adjacent to Multiple Retailers
- Prime Location
- New Lease
Business Details
Freehold Investment for Sale in High Wycombe
Freehold Investment for Sale in High Wycombe. Rental income of £67,000/annum. Business not affected.
Property ID: RPS-21333
MAIN DETAILS
- Freehold investment for sale with a rental income of £67,000 per annum
- Grade II Listed Building
- Ground floor restaurant let to a Thai restaurant on a 10 year lease from 2024 with no break (Inside the Act)
- Upper parts comprises of 3 one bed flats with shared access from the rear. All are occupied
- Guide Price: £1.25 million (business not affected)
- VAT: TBC
- Gross yield: 5.36%
GROUND FLOOR
- Circa 1,950.85 Sq. Ft with 60 covers restaurant and extended commercial kitchen
- Restaurant and one first floor flat is let on a 10 year lease from 2024 with no break at an initial rent of £39,000/annum to be reviewed every 5 years on open market rent.
- The lease is contracted Inside the LTA 1954
UPPER PART ACCOMMODATION
- First floor circa 1,094.36 Sq. Ft, consists of two 1-bed flats. Both Ensuite.
- Second floor is circa 430.34 Sq. Ft with fitted kitchen and Ensuite bedroom
- Benefits from central heating
- Shared access from the rear of the property
- One car park for each flat
FLOOR PLANS
- Ground Floor Plan
- First Floor Plan
- Second Floor Plan
THE LOCATION
High Wycombe, HP11
- 0.2 mile to High Wycombe
- 0.3 mile to Wycombe Museum
- Close to Local Amenities
VIEWINGS & CONFIDENTIALITY
All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client and must have proof of funds to meet the premium and landlord’s requirements.
Strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.
DISCLAIMER
The above information is provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.
Contact Agent
Particulars / More Information
Listing Statistics
Advert Statistics Graph
Contact the seller for more details, or book a viewing
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Get Solicitor
