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Aylesbury HP20 House for sale
Aylesbury HP20
£1,270,000
Aylesbury HP20
£1,270,000
Our Summary
- The first and second floors have planning permission granted for a change of use and extension to residential:Application: 23/01376/APP First floor: 2x 1 bed apartments (435 sf and 556 sf)Second floor: 1x1 bed and 1x2 bed apartment both with terraces
- Planning permission granted for 4 apartments on upper floors
Description
The property is a prominent retail unit located on the High Street in Aylesbury, next to Marks and Spencer and opposite a range of takeaway operators. The ground floor has a retail unit with first floor ancillary space, and the first and second floors have planning permission for a change of use and extension to residential, with two one-bedroom and one two-bedroom apartments planned. The ground floor is already let to Kayani Bistro Group Ltd, trading as Creams, on a 15-year lease with a starting rent of £45,000 per annum plus VAT, rising to £50,000 by year 4. The property is situated near the Hale Leys Shopping Centre, cinema, theatre, and other amenities, and is easily accessible by car or rail, with a direct service to London Marylebone. The property is available for sale on a freehold basis.