Pembroke Court , Cambridge Street, Aylesbury, Buckinghamshire, HP20Mixed Use Investment for sale

About this property

TOWN CENTRE INVESTMENT! We are pleased to bring to the market Pembroke Court which is a large freehold building situated in the heart of Aylesbury Town Centre. The mixed building consists of two ground floor commercial units, 3 one-bedroom apartments and 9 two-bedroom apartments, with parking for 5 cars to the rear. All commercial and residential units are occupied and have formal leases in place, which is currently producing an income of £151,618.16per annum. We are able to provide on request a tenancy schedule which shows income per unit and length of lease. The building measures to be 9,939 sqft GIA with 2,216 sqft NIA being the commercial section. There may also be the opportunity under Class AB to extend upwards to further increase the asset value STPP.

Location

Located in a prominent position, situated in the heart of Aylesbury Town Centre. Aylesbury Town boasts a population of over 60,000, the largest in Aylesbury Vale, with the town centre offering fantastic shopping facilities including Friars Square and Hale Leys Shopping Centre’s and a local market three days a week. For transport links Rycote Place is located within a 5 minute drive of the A41, A413, A418 and the M40,M25 and M1 are all under a 25 minute drive. For train line links Aylesbury sits on a direct rail line into London Marylebone. The urban area of Aylesbury is expected to reach a population of 100,000 by 2023.

Price

£3,000,000 for the freehold interest

Legal Costs

Each party to be responsible for their own legal costs.

Viewing

By appointment only please through the owners Sole Agents:

VAT

We understand that VAT is payable on the purchase price.

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