2777 sq. ft (258.15 m²)
Key features
- Entire building let to Bucks Advance Ltd
- Rental Income of £45,000 per annum exclusive of VAT
- Net Initial Yield of 7.33% assuming normal purchaser’s costs
- 8 Years Unexpired Term
Description
Aylesbury is an historic market town with a population of approximately 75,000 and is 25 miles east of Oxford, 21 miles south of Milton Keynes and 36 miles north West of London. Aylesbury is an important administrative centre being the county town of Buckinghamshire and home to both Aylesbury Vale District Council and Buckinghamshire County Council. Aylesbury has a large highly skilled workforce which has attracted several major employers including LLOYDS BANK PLC, WEBUYANYCAR.COM, SCHWARZKOPF and ARLA FOODS. This will continue to underline Aylesbury’s status as a regional centre.
Aylesbury has excellent road links with the A41, A413, A418 and A4157 Ring Road providing connections to the surrounding area with the M40 motorway located approximately 15 miles to the south and benefits from a good local bus network. Aylesbury and Aylesbury Vale train stations provide Chiltern Trains services to surrounding conurbations and London Marylebone. The importance of Aylesbury as a retail location is shown in the recent redevelopment of the Friars Shopping Centre and proposals by Buckinghamshire Council for the Kingsbury ‘Garden Square’ Proposal.
Kingsbury Square is located within the town centre, to the edge of the pedestrianised retail centre adjoining Market Square and High Street. The property is situated on the north west side of Kingsbury Square in a prominent secondary retail position near to the junction with Buckingham Street. Occupiers close by include KFC, GREGGS, METRO BANK, NANDO’S,SAINSBURY’S, NATIONWIDE BUILDING SOCIETY and PAPA JOHNS.
The property comprises a mid-terraced building arranged over ground, first and second floors, constructed with brick elevations under a double pitched tiled roof with a rear extension at ground floor level.
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