The Broadway 15 The Broadway 2,889 SF 100% Leased Retail Building Beaconsfield HP9 2TD $1,356,852 ($469.66/SF) 6.70% Cap Rate

Freehold mixed use investment for sale - Offers in excess of £1 million (+ VAT if applicable) for the freehold interest subject to the tenancies.
The two storey building contains 2 units at ground floor, and office/tuition suite at first floor with own street entrance. There is a forecourt parking area allocated to the front shop and 6 private parking spaces at the rear (divided equally between the 3 units), accessed via barrier entry system. Approx net internal areas as follows:
First floor: Offices: 78 sm (841 sf)
Ground floor: Front shop: 90.5 sm (974 sf)
Rear salon: 76.4. sm (822 sf)
Ground floor front Let to Independent Vetcare Limited t/a The Wheelhouse Veterinary Centre, with Guarantee from IVC Acquisition Limited, on a 15 year effectively FRI lease from 1 December 2018 without breaks, at a passing rent of £32,000 pax with next rent review in December 2028. Rent deposit of £9,600 is held.
Ground floor rear salon – Recently renewed with Lavender & Stone Beauty Rooms Ltd t/a The Cove on new 10 year IRI lease expiring 31 July 2035 at £18,000 pa rising to £19,000 pa from 1 August 2026 and £21,500 pa from 1 August 2027. The lease is within The Act; there is a tenant-only break on 1 August 2028 and upwards only rent review on 1 August 2030.
First floor office/tuition Let to Kick Start Learning with Kerry Limited on an IRI lease for 5 years from July 2024 with tenant-only break at 3 years and contracted out of The Act at a rent of £22,500 pax.
Rent deposit of £6,750 is held subject to profits test.
Total rents from August 2026: £73,500 pax (£75,000 pa from August 2027 assuming office break not triggered)