Four shops with four flats above.
The flats with vacant possession comprise of an entrance hall with a large storage cupboard, a spacious reception room with direct access to a private balcony, two double bedrooms, bathroom and a kitchen offering plenty of storage space.
Further photos and a short video tour of the vacant residential units are also available upon request.
Location
The property is located on the junction of Aqua Way and Hilton Avenue, just off Elmhurst Road.
Aylesbury Town Centre is 1 mile away giving easy access to Aylesbury Train Station, Hale Leys Shopping Centre, Waterside Theatre and various restaurants and shops.
Accommodation
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Demise | Lease Type | Ground Rent - £ pa | Lease Expires | EPC Rating |
Shop 1 | Sold off on long lease | peppercorn | 24th March 2115 | D - 86 |
Shop 3 & Flat 11 | Sold off on long lease | peppercorn | 24th March 2115 | C - 73 |
Flat 5 | Sold off on long lease | peppercorn | 24th March 2115 | D - 58 |
Flat 7 | Vancant possession | n/a | 24th March 2115 | E - 48 |
Flat 9 | Vancant possession | n/a | 24th March 2115 | D - 55 |
Terms
Tenure:
Freehold subject to long leases.
For a detailed view of leases as of June 2020, please view attached brochure.
Insurance
Landlord to insure, Tenants to reimburse.
Repairing Obligations
The current leases are on an internal repairing basis and the Tenants contribute to external structural, maintenance & repair carried out by the Landlord.
Two of the residential units are sold off on 123 year leases and two are available with vacant possession.
EPC:
EPC’s are available on request.
VAT:
The property is a VAT opted building and therefore VAT may be payable subject to being sold as a transfer of a going concern.
Legal Costs
All parties bear their own legal costs.