An investment opportunity to acquire a first-floor office premises of approximately 1650 sq.ft (154m2), currently let as serviced office units with its own entrance and private parking for 4 cars to the rear. Currently producing a net rent of approximately £36,000 per annum.
A freehold office premises comprising of 5 individual rooms with shared cloakroom facilities situated on the first floor of this attractive, period building situated close to the River Thames and Henley town centre.
Being sold with the benefit of being let to 4 individual tenants, currently producing a gross rent of £52,840 per annum on an inclusive basis (rents include, heating, lighting, power, buildings insurance, buildings maintenance and cleaning of communal areas). The rent is also inclusive of business rates. Currently netting approximately £36,000 per annum. Suites 1, 3, 4 and 5 come with benefit of a parking space situated in the car park located to the rear.
The ground floor is sold off on a long lease for a term of 199 years from March 2016 subject to a peppercorn ground rent with a liability of 50% cost of the buildings insurance and maintenance of the building and heating system. The gas fired central heating system services both floors of the building.
The upper floors above Royal House form part of Royal Mansions which is on a separate title.
The first-floor premises have a B1 office usage with D1 usage for suite 2.
Notice under the Estate Agents Act 1979 is hereby given that this property is owned and being sold by Ballards Estate Agents Ltd.
Situated close to the River Thames, and just a short walk from the vibrant town centre of Henley on Thames with is excellent choice of shops, cafes, bars and resturants as well as its riverside walks.
The train station is just a two minute walk, offers services to London Paddington via Twyford and connnections to Reading. The station also has a large pay and display car park allowing day long parking.
Henley is also served by a number of bus routes including services to High Wycombe via Marlow and Reading via Caversham and Twyford passing a number of villages on route.
From our office close to the bridge in Henley on Thames, follow the road south along the river and at the junction bear left into River Terrace. Follow the road around to the right and the property is located immediately on your right before the green.