Lot Details

56 Packhorse Road, Gerrards Cross, Buckinghamshire, SL9 8EF

Guide Price*
£610,000+

  • A Three Storey Terraced Building Arranged to Provide a Ground Floor Retail Unit and Three Flats (One x 1 Bedroom flat, One X 2 Bedroom Flat and a Four Room HMO) Producing £51,540 Per Annum. Development Potential At The Rear (Subject to Obtaining All Necessary Consents)

Description

The property comprises a ground floor lock up shop sold off on a long lease with one one-bedroom flat, one two-bedroom flat, situated within a terraced building arranged over ground and two upper floors, and one four bedroom HMO at the rear of the property. The property is let on three assured shorthold tenacy agreements producing £51,540 per annum.

Ground Floor
Retail Shop (sold on a long lease)

First Floor
One Bedroom Flat
Two Bedroom Flat

Rear Of Property
Four Bedroom HMO
The property is located near a vibrant mix of shops and cafés including GAIL’s, Boots, Fego, and local boutiques. Just a 3-minute walk from Gerrards Cross Station, with fast trains to London and strong bus links.
Freehold

Accommodation/Tenancy

Floor Accommodation Tenancy Current Annual Rent
First Floor Flat B AST £1200
First Floor Fat C AST £1195
Rear Flat Room A AST £0
Rear Flat Room B AST £600
Rear Flat Room C AST £500
Rear Flat Room D AST £800
Total Rental Income Per Annum £51,540

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Agreement Documents

Additional Documents

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An administration charge of £1,500 (including VAT) applies unless otherwise stated in the addendum. The legal pack and addendum contain details on any additional buyer's premium and disbursements that may be payable upon completion. *Starting price estimates ("guides") are subject to change before the auction. These are not guaranteed selling prices. Each property has a reserve price, the minimum acceptable selling amount, which we expect to be within the guide range or up to 10% above.

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While these particulars are provided in good faith, they don't constitute factual representations or form part of any offer or contract. Prospective buyers or tenants should independently verify all information mentioned here. Furthermore, neither Swift Property Auctions nor its employees or agents hold any authority to make any guarantees or warranties regarding this property.

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