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Investment for sale - The Griffin, 12 The Broadway, Amersham, HP7 0HP

The Griffin, 12 The Broadway, Amersham HP7 0HP

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Price
£2,600,000
Size
10,638 sq ft
Tenure
freehold
Listed
Today

Property Description

<strong>Description</strong><br>The property occupiers a terraced building arranged over basement, ground, first , second and third floors with a predominately multi pitched tile roof. There is also two outbuildings included to the rear of the main building.<br><br><strong>Situation</strong><br>The property is located on the south side of The Broadway facing the Memorial Gardens and situated on the main street, it is within walking distance of the cafés, boutiques, and retail amenities.<br /> <br /> The property is located about 0.6 miles south from Amersham station, which is served by both London Underground’s Metropolitan line and Chiltern Railways. The property is conveniently located near the A404, which connects Amersham directly to the M25 at its intersection with the M40.<br><br><strong>Accommodation</strong><br>Ground Floor<br /> The ground floor provides open plan trading accommodation with a bar servery and seating on loose tables, chairs and fixed seating for approximately 40 customers. Ancillary areas comprises customer WC’s and a commercial kitchen. To the right hand side of the main building is a café with a bakery to the rear and to the rear of the main building is a separate office. <br /> <br /> First Floor<br /> On the first floor, accessed from the rear of the restaurant, is a mezzanine with a function/dining area. To the side are three individual office booths, an office and a boardroom. To the front is a function room with a separate bar servery and customer toilets. <br /> <br /> Second Floor<br /> The second floor have been converted to offices and are accessed from a separate door at the side let to G.R.E. Construction.<br /> <br /> Third Floor<br /> The third floor have been converted to offices and are accessed from a separate door at the side let to McWilliam Studio.<br /> <br /> Barn<br /> Barn has been concerned to offices and is arranged over two levels let to Platformation Enterprise.<br /> <br /> Bakery<br /> A Former bottle store adapted for use as a bakery that is run by the Griffin.<br /> <br /> External<br /> Externally there is an enclosed terrace at the rear with seating on loose tables and chairs for approximately 36 covers. The property has a car park accessed from the rear, which provides 18 car parking spaces.<br><br><strong>Tenure and Tenancy</strong><br>The pub building is held Freehold under title number BM112067 with this site extending to approximately 0.303 acres.<br /> <br /> Total rent is £188,826 per annum, across six separate leases. Please see the brochure for more detailed tenancy information.<br><br><strong>Covenant</strong><br>The Griffin Amersham Limited<br /> A well-established hospitality operator running a highly regarded restaurant and pub in Amersham. The venue holds 2 AA Rosettes (2024) and is featured in leading food guides, reflecting strong reputation and consistent quality. It boasts a 4.7-star rating from over 350 reviews, indicating excellent customer satisfaction.<br /> https://griffinamersham.co.uk/<br /> <br /> Platformation Enterprise Services<br /> A technology and consulting business that provides enterprise solutions and digital transformation services. The company specialises in accurately calculating the value of commercial partnerships in sport and entertainment.<br /> https://platformation.global/<br /> <br /> McWilliam Studio <br /> A multi-award-winning landscape architecture and garden design practice based in Buckinghamshire. Recognized for high-end design projects and industry accolades, the business demonstrates stability and a strong reputation in its sector.<br /> https://www.mcwilliamstudio.com/ <br /> <br /> G.R.E. Construction Ltd Amersham<br /> A construction and engineering firm with operations in Amersham, specialising in building and infrastructure projects. The company’s established presence and expertise in the sector provide confidence in its covenant strength.<br /> https://gre.group/<br><br><strong>Planning</strong><br>The property is a Grade II Listed building (Ref: 1159084) and is situated within the Amersham Old Town Conservation Area.<br><br><strong>EPC</strong><br>C-65<br><br><strong>Fixtures & Fittings</strong><br>The fixtures and fittings are currently owned by the occupational tenants.<br><br><strong>Data room</strong><br>Access to the data room is available upon request.<br><br><strong>VAT</strong><br>It is envisaged that the property will be sold as a TOGC so the transaction should therefore be exempt from VAT on the basis the purchasing entity is VAT registered.<br><br><strong>Money Laundering</strong><br>Money Laundering Regulations require Savills to conduct checks upon all purchasers. Prospective purchasers will need to provide proof of identity and residence.<br><br><strong>Proposal</strong><br>Offers are invited in excess of £2,600,000 (6.83% NIY) which equates to low cap value of £244 Per Sq Ft assuming the usual purchasers costs.<br><br><strong>Contacts & Viewings</strong><br>All viewings must me made by prior appointment and under no circumstances should any approach be made to any of the occupational tenants staff.<br><br>
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