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188 Severalls Avenue - Nashleigh Court, Chesham, BKM

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Nashleigh Court - 188 Severalls Avenue

Chesham, HP5 3EN

Property type:Office Sub Type:- Status:Existing Year built:1991
Floors:3 Typical floor:1,156 sq ft Building size:5,861 sq ft
For sale price:£850,000 Price:£145.03 sq ft
Parking:24 Surface spaces are available; Ratio of 4.09/1,000 SF Amenities:Air Conditioning, Raised Floor, Security System, Reception

The property comprises a three storey office building of masonry construction under a pitched rood, totalling approximately 5,861 sq ft (544 sq m) and constructed in 1991. The property is located on Severalls Avenue close to its junction with the A416 Nashleigh Hill within a mixed commercial and residential area of Chesam. Chesham Railway Station is approximately 0.79 miles from the property.

Sale Notes:
The property provides a self-contained ground, first and second floor office building constructed in the early 1990’s by a local developer. The property benefits from the following amenities:-
· 6 passenger lift
· Reception area
· Kitchen
· Good on site car parking for 20/24 vehicles
· Currently networked with category 5 cabling
· Suspended ceilings with recessed lighting
· Part air conditioning
· Gas fired central heating
· Timber raised floor
· Security grilles at ground floor level
· Security alarm
· Fire alarm
· Separate male & female WC’s.

The property is available for sale as an investment subject to the following tenancies;

Ground Floor
Let to Kings Church (Chesham) for a term of 5 years on an effective full repairing and insuring lease, subject to a break provision at the 3rd anniversary. The lease is contracted outside the security provisions of the Landlord & Tenant Act Part II and the rental is £12,716 per annum exclusive. Lease commencement date 8th March 2013.

First & Second Floor
The first and second floors have been let to Healthcare Connections Limited on an effective full repairing and insuring lease contracted outside the security provisions of the Landlord & Tenant Act 1954 Part II at a rental of £44,000 per annum exclusive. Lease commencement date 25th December 2012.

Stupples Chandler Garvey
Alan Chandler
01494 723999

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