LOT 7 · COMMERCIAL PROPERTY
Market Place
Chalfont St Peter, SL9 9EQ
A Prominent Freehold Mixed-Use Investment Let to Savers Producing £50,000 Per Annum, Together With Two Residential Sold Off On Leases. Further Development Potential (Subject to Obtaining All Relevant Consents)
Property description
The property comprises a freehold mixed-use building arranged as a ground floor retail unit let to Savers Health & Beauty Limited, producing £50,000 per annum. Proposed renewal terms provide for a five-year full repairing and insuring lease. The two two-bedroom residential flats above have been sold off on long leases, with the sale including only the freehold reversionary interests in these flats. The property offers potential to construct additional residential flats on the existing flat roof or add a further storey, subject to planning permission.
Accommodation
Ground Floor Commercial Premises
Retail Accommodation Occupied by Savers
Upper Floors
Two Two-Bedroom Residential Flats Sold Off on Long Leases
Location
The property is situated on Market Place in the centre of Chalfont St Peter, close to a range of local retailers, independent shops, cafés, restaurants and other village-centre services. The surrounding neighbourhood provides a mix of residential and commercial amenities, with Gerrards Cross offering a wider range of shopping and transport facilities. Gerrards Cross railway station provides services towards London Marylebone. The M40 and M25 are accessible by road, giving links across Buckinghamshire and towards Greater London.
Run the Numbers
Explore rental returns and monthly repayments for this property.
Your rental returns
- Gross yield
- 9.5%
- Net yield
- 9.5%
- Annual income
- £50,004
Net yield deducts your annual running costs, before tax and finance.
Yields use the purchase price and assume 12 months’ rent. Include maintenance, insurance, management and vacancy allowances in annual costs. Tax, finance and purchase fees are excluded.
Illustrative estimates only, not financial advice or a lending offer. Confirm funding and the completion deadline before bidding.
Additional Fees & Important Information — Swift Property Auctions
Buyer's Premium & Disbursements
Some lots may include additional charges on completion. Full details are contained within the legal pack and addendum and should be reviewed before bidding.
Guide & Reserve Prices
Guide prices reflect the seller's minimum expectation at the time of listing. They are not valuations and may change prior to auction. All lots are offered subject to a Reserve Price, being the minimum the seller has authorised a sale at.
Administration Fee
A fee of £1,800 (including VAT) is payable on exchange, unless stated otherwise in the addendum.
Available Prices (Post-Auction)
Where a property remains unsold, an Available Price may be advertised. This reflects the seller's expectations post-auction and is subject to contract.
Reliance on Guide Prices
Swift Property Auctions and the seller accept no responsibility for any loss arising from reliance on Guide Prices. It is the bidder's responsibility to determine the level at which they wish to bid.
Fees, VAT & Additional Charges
Guide Prices exclude the buyer's fee, VAT (if applicable), and any seller's costs. These are detailed within the Special Conditions of Sale.
Accuracy & Property Condition
Particulars, images and measurements are for guidance only and may change. No warranty is given as to condition or structure. Buyers should make their own enquiries and obtain professional advice before bidding.
Withdrawn or Pre-Sold Lots
Neither Swift Property Auctions nor the seller will be liable for costs or losses relating to lots withdrawn or sold prior to auction.
PROPERTY ENQUIRY
Speak with our auction team.
Ask about Market Place, arrange a viewing or discuss your next steps.