Property Information
Address:
31&35 High Street, Iver
, SL0 9ND
Price: Property no longer available.
Size: 2724 sq ft253 sqm
Primary Category: Shop
All Categories:
Shop,
Property Ref/Movehut: MH597410
Property Ref/Agent: MH53636_PHBRA_520574
*Please use the agent ref when calling the agent directly.
Property description
Description
Shop 31 is largely open plan with a partitioned storage/loading area and WC to the rear. There is rear access to the property alongside rear parking for two cars. Unit 35 is largely open plan with storage areas to the rear. There are 2 rear points of access for loading via the private rear car park and five allocated parking spaces.
Location
Iver High Street is located just outside of the M25 with great access onto the M4 and M25 Motorways. Iver Rail Station is just a few minutes’ drive which provides direct links to Paddington (approximately 30 mins). The High Street is a busy parade of shops with local
occupiers including, The Co-operative, Lloyds Pharmacy, Coral Bookmakers, Hilton Locke & King Estate Agents, Iver Dental Practice, Outdoors Living, Alpha Windows, The Swan Restaurant and more.
Areas
Unit 31 - 656 sq.ft. (NIA)
Unit 35 - 2,724 sq.ft. (NIA)
Lease terms
Unit 31 is Let to Oakwood Estates Property Agents Ltd until October 2027 with a tenant break option in 2022. Average passing rent of
£16,450pax, Upward only Rent Review in October 2022.
Unit 35 is Let to Gerry’s Offshore Incorporations Ltd (trading as Costa Coffee) for 10 years from 31st July 2017 with a tenant break option in 2022. Passing rent of £30,000pa with an upward only Rent Review in July 2022.
Business Rates
The tenant is responsible for paying business rates.
Unit 31 Rateable Value - £7,700
Unit 35 Rateable Value – £18,750
(Please check these figures with the local authority).
Terms
The virtual freehold of both units is available for £725,000 with approx. 987 years remaining.
VAT
We understand that these properties are not elected for VAT. All figures quoted are exclusive of VAT.
Legal Costs
Each party will be responsible for their own legal costs.
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