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121 High St, Henley In Arden

Office for sale

£300,000 3,828 sq ft

EHB Reeves
Highlights
  • Grade II Listed property
  • Located within the centre of Henley In Arden
  • Good access to road and rail links with junction 15 of the M40
Property type

Office for sale Search all

Full address
121 High St, Henley In Arden B95 5AU – Henley-In-Arden
Asking price
£300,000
Available space range
There is 1 space available. This measures 3,828 sq ft.
Brochure
Download the brochure

Sale details

Sale unit 3927970 Available

3,828 sq ft, £78.37 per sq ft

Unit Sale unit 3927970
Address 121 High St, Henley In Arden, West Midlands, B95 5AU, GB
Size 3,828 sq ft
Price £300,000
Price per unit £78.37 per sq ft
  • The property is to be sold freehold subject to;.
  • An occupational lease of unit 1 to the bridal boutique limited for a term expiring 24.3.2025. the current passing rent is £14,800 per annum which is to be reviewed in march 2021. there is a tenant only break option in march 2022, the lease is guaranteed by guy & madeline furnivall.
  • An occupational lease of unit 2 to jsk boutique for a term expiring 23.10.2022. the current passing rent is £8,400 per annum and there is no break option or review.
  • This lease is contracted outside of the landlord & tenant act 1954 (sections 24-28 inclusive).
  • The five apartments are held on 150 year leases each currently paying a ground rent of £200 per annum.
  •  this is to be increased every ten years in line with rpi.
  • The current income therefore totals £24,200 per annum.
Sale type Investment
Tenure Freehold
More building details Less building details

Property facts for 121 High St, Henley In Arden

George House is an attractive, Grade II Listed property comprising two retail units at ground floor level which are let subject to two occupational leases and five apartments at upper floor and part ground floor, all of which have been sold off, subject to ground leases. Part of the property dates back to the 17th Century and was formerly the old George & Dragon Inn. This part of the property is identified by its timber facade with a balcony to the first floor overlooking an imposing solid oak doorway. To the rear of the building there is a car park area which is demised with the apartments.

Number of storeys
3
Rentable building area
3,828 sq ft
Year built
1798

Attachments

PDF #1 Marketing brochure/flyer Download

This office for sale is located in Henley-In-Arden.

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Meet the team

EHB Reeves

  • A profile photo of Simon Hain Simon Hain
  • Sat Gill
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Meet the team

EHB Reeves

  • A profile photo of Simon Hain Simon Hain
  • Sat Gill
View the performance or update the listing in CoStar

Contact agent

020 *** ****

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Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to EHB Reeves. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact EHB Reeves for full details and further information.