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High Wycombe
Freehold Sold by RIB
RIB’s investment team have sold a prime high street freehold investment located in High Wycombe.
About the property
High Wycombe is an affluent market town located in the county of Buckinghamshire amongst the Chiltern Hills. It is approximately 33 miles away from Central London with rail journey times of approximately 30 minutes. The subject High Wycombe freehold is located in the centre of the town on the northern side of the thoroughfare, at the junction with Church Street and Church Square. High Street is the primary retail street in High Wycombe and the subject freehold is located near both the Eden Shopping Centre and the Chiltern Shopping Centre – High Wycombe’s two other major retail locations.
The subject property is a three-storey mixed use corner property with access to the retail unit via the high Street and access to the self-contained flats via Church Square. The property is formed of a ground and basement retail unit and two self-contained one-bedroom flats at first and second floors. Each of the flats are one bedroom with a separate lounge, kitchen, bathroom, and WC. Both share a street level access at Church Square. In addition, this High Wycombe freehold is also Grade II listed. The retail element of this property measures 966.28 square feet with the two apartments – currently let on ASTs – measuring 570 square feet NIA each.
The retail element of the property is let to Barbershops UK Limited who operate men’s grooming salon across 12 Home County branches. The company was established in 1982 and their lease provides for tenant’s full repairing and insuring covenants. The rent review for the retail tenant has not yet been effected.
We were delighted to have sold the freehold of this property, please click here for our historic marketing details or contact a member of our team below if you wish to buy or sell a freehold commercial or mixed use property both in High Wycombe or anywhere else in the UK.
Damien Field damien@rib.co.uk 020 7927 0620
Adam Ben-Harosh adam@rib.co.uk 020 7927 6331
Investment
Team
For more information on this deal or to discuss selling or acquiring property throughout the UK do not hesitate to contact a member of our investment team: