Retail premises for sale

Key Points

Description

The property comprises an attractive corner retail unit with space for outside seating. The ground floor is currently used as a waffle shop with associated kitchen, storage and WC, including a small basement. The first floor comprises a flat which has been sold off on a long leasehold basis (98 years remaining at a peppercorn rent of £500 per annum).

Large windows face the High Street and internally the property has been comprehensively refurbished to include redecoration, new flooring, new WC and kitchen and modern lighting.

A new lease is about to be agreed with Little Waffle Shop for a minimum 5 year period at £24,000 per annum rental income. The tenant will provide a 6 month rent deposit.

Location

The property is located on Parsonage Place, a very short distance from Tring High Street and within easy reach of the Natural History Museum.

Tring is an attractive and busy town benefiting from a number of public houses, restaurants, coffee bars and small retailers all within easy walking distance. Tring is equidistant from Hemel Hempstead and Aylesbury on the A41 which provides a fast and efficient link to Aylesbury and beyond, Kings Langley and the M25. Tring railway station is approximately 2 miles from the town and is served by West Midlands Trains and offers a fast and efficient service from Milton Keynes Central to London Euston, and Southern operates the cross-London service to East Croydon via
Clapham Junction.

Terms

The property is available for sale on a freehold basis subject to a lease to Little Waffle Shop and a long lease on the first floor flat - income of £500 per annum.

Money Laundering/Identity Checks

Money Laundering Regulations require Chandler Garvey to conduct checks on all tenants. Prospective tenants will need to provide proof of identity and residence.