Investment for sale - Feathers, High Street, Chalfont St. Giles, HP8 4QQ

<strong>Description</strong><br>The property comprises the basement, ground and first floor of a two storey end of terrace building with painted brick elevations beneath a pitched roof.<br><br><strong>Accommodation</strong><br>Basement: The basement provides cellar.<br /> <br /> Ground Floor: The ground floor provides a series of inter-connecting areas with a central bar servery and seating on loose tables and chairs for 60 customers. Ancillary areas include a trade kitchen, customer WC's and stores to the rear.<br /> <br /> First Floor: The first floor comprises managers flat with a double bedroom, single bedroom, living room, kitchen and bathroom.<br /> <br /> External: There is an enclosed customer area to the rear with seating on loose tables and chairs for 25 customers along with additional seating in the garden for 40 customers.<br><br><strong>Tenure</strong><br>The property is held freehold (Title Number BM259807).<br><br><strong>Tenancy</strong><br>The entire property is let to Wraith Trading Limited on a 20 year lease from 18 September 2019 at a current rent of £76,846 per annum which is subject to five yearly open market reviews and annual uncapped RPI (except in the open market review year). A rent deposit of £15,138 is held by the landlord.<br><br><strong>Planning</strong><br>The property is Grade II Listed and is situated within the Chalfont St Giles Conversation Area.<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>EPC</strong><br>D-92<br><br><strong>Terms</strong><br>We are instructed to invite offers in excess of £850,000 (8.6% NIY) assuming the usual purchasers costs.<br><br><strong>Fixtures and Fittings</strong><br>The fixtures and fittings are currently owned by the occupational tenant.<br><br><strong>Money Laundering</strong><br>Money Laundering Regulations require Savills to conduct checks upon all prospective purchasers. Prospective purchasers will need to provide proof of identity and residence.<br><br><strong>Similar Investment Opportunities</strong><br>If you have an ongoing requirement for similar investment opportunities then please visit the following website for a selection of properties we are currently marketing: https://sites.savills.com/stonegateportfolio<br><br><strong>Viewings</strong><br>All viewings must be made by prior appointment and under no circumstances should any direct approach be made to any of the occupational tenants staff.<br /> <br /> For further information and all viewing requests please contact the sole selling agents Savills.<br><br>