4139 sq. ft (384.78 m²)
Key features
- Town Centre Restaurant let to Turkuaz Wycombe Limited T/A The Olive Tree High Wycombe
- 5No. residential flats let on Assured Shorthold Tenancies.
- The property is currently producing an income of £113,700 per annum exclusive.
- Net Initial Yield of 6.25% assuming normal purchaser’s costs
Description
Located in the County of Buckinghamshire with a population of 120,256 persons. High Wycombe is a major retail and office centre located on the River Wye on the southern side of the Chiltern Hills, some 20 miles north west of London, 25 miles so uth-east of Oxford, 15 miles north-east of Reading and 12 miles south of Aylesbury. High Wycombe lies by Junction 4 of the M40 Motorway, which provides direct access into London via the A40 and easy access to the north via the M1 Motorway. In addition, there are fast and efficient train services to London Marylebone and Birmingham Snow Hill via the Chiltern Turbo.
The property is situated in the main High Street immediately adjoining BARCLAYS and being close to all the main retailers including ARGOS, W H SMITH, SANTANDER, MCDONALD’S, CORAL, NATWEST, NATIONWIDE, HALIFAX, etc.
The property comprises a four storey mid terrace building arranged as ground floor restaurant with ancillary basement and five self-contained flats above. Access to the rear of the property is via a service road leading from Corporation Street.
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