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Haddenham, Unit, Aviator House, Tibbs Road, Haddenham, HP17 8NN

10,387 Sq Ft / Retail / Retail - High Street

For Sale

Available - Last updated: 20 May 2020

• Prime day nursery and food store investment in the af uent location of Haddenham, Buckinghamshire • Let to Bright Horizons nursery for 20 years (break year 15) at a rent of £78,250 per annum (£13.29 psf) with RPI linked reviews up to a cap at 3%, collar 1% • Let to Co-operative Food Group Ltd on a 15 year lease at a rent of £96,000 per annum (£21.33 psf) with CPI linked reviews with a cap at 3%, collar 1% • Combined annual rent of £174,250 per annum • Forms part of a larger development site including 233 homes, 17 apartments, a 64-bedroom care home and 4.85 hectares of employment land • Seeking a development partner for a forward commitment to purchase • We are instructed to seek offers in excess of £3,100,000 (Three million, one hundred thousand pounds) subject to contract. A purchase at this level shows a net initial yield of 5.28% assuming purchaser’s costs of 6.46% • Consideration will also be given to the sale of the whole development including the 17 apartments • Practical Completion and Lease Completions - end of May 2020

Location

Haddenham is located in the Vale of Aylesbury, three miles north west of Thame, and six miles south west of Aylesbury. Consistently voted as one of the most popular places in which to live, Haddenham has a vibrant and active community and is very popular with commuters, being only 35 minutes into London Marylebone and 29 minutes into Oxford.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Unit For Sale Freehold NA NA

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Sam Sutton

Phillips Sutton Associates

0116 340 0774



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