Commercial for Sale

On the instructions of the Roald Dahl Museum and Story Centre An interesting Commercial/Residential potential investment or project. The property comprises a range of buildings totalling 2560 sq. ft. on two sides of a courtyard off the High Street in the centre of picturesque Great Missenden. There are three sections. In the recent past one section has been let as a residential flat, one as first floor offices and one as a ground floor shop/office. The Flat and first floor offices are well converted. The ground floor shop/office is in need of refurbishment.

LOCATION

Great Missenden is a highly regarded Chiltern Village with a wealthy, discerning population and a catchment from a number of surrounding villages. There is good public parking. the railway station offers regular services to London Marylebone (in 46 mins.) and the county town of Aylesbury (15 mins.)

FLOOR AREAS

Unit 4 is a Flat with a ground floor cloakroom/shower room and under stairs cupboard and first floor living Room with kitchen fittings and a bedroom. It totals 430 sq ft. There are two parking spaces for this flat.
Unit 5 is a Ground Floor Shop/Office with cloakroom 107 sq m (1152 sq ft)
Unit 6 is a First Floor Office with a kitchenette and a ground floor and first floor cloakroom. 88.45sq m (952 sq ft)
Outside there is a courtyard. There may be parking for two small cars.

PLANNING

The following applications have been submitted in the the last ten years:
CH/2017/0200/PNO this was a prior notification under permitted development rights for change of use from office to four residential units. This was refused since the use was part residential so did not come under PD rights.
PL/18/3314/FA This was for a certificate of lawfulness for change of use from retail to Studio Flat and was confirmed.
PL/21/2371/FA This application was for the conversion of offices/shops to residential units. Full plans were submitted to show 3 residential units in addition to the existing studio flat. It was refused on the basis that there would be a loss of employment opportunities and a sufficient marketing exercise had not been carried out to show that there was no demand for employment generating commercial uses.
PL/23/3484/FA . This was a successful application by the Dahl Museum to extend their adjacent premises onto the subject property. Subsequently it has been decided not to carry out the works hence the purchase opportunity.

RATEABLE VALUE

The Rateable Value of the commercial sections is: unit 5 £13,750; unit 6 £7,300. The Residential flat is in Council Tax Band B.

EPC

The EPC ratings are as follows:
Unit 4 Flat D
Unit 5 C
Unit 6 G

SALE PRICE

The property is Freehold. It is available immediately. The Vendors are seeking £675,000 for their freehold interest.

VIEWING

By confirmed appointment with the Agent. C J Pallet FRICS acts for the vendors. 01296625008.

FURTHER INFORMATION

Please contact CJ Pallet 01296 625008; c.pallet@christopherpallet.com