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An opportunity to purchase the Freehold interest of this mixed-use property in the centre of Henley.
Approximate total GIA 6,304 sq ft.
The property consists of two retail units, two office units and four residential apartments.
Combined passing rent £117,062 pa (excl).
Total ERV of £131,062 pa (excl) once fully let.
The property offers substantial Asset Management potential.
The property is elected for VAT.
An opportunity to acquire the freehold interest of this red brick Georgian mixed-use building located on Hart Street in central Henley-on-Thames
The building which consists of 4 residential apartments, 2 offices and 2 retail units is let and income producing but also has substantial scope for asset management.
The property comprises a Grade II Listed C18 traditionally constructed building arranged over basement, ground, two upper floors, courtyard garden and private loading bay. The accommodation provides two retail units on ground and basement, offices on part first floor and four residential units on first and second floors.
The retail unit at 31 Hart Street has its own access from Hart Street whilst the offices, 33 Hart Street retail unit, the office suites and one of the residential units have shared access via the main entrance. The remaining residential units benefit from separate access at the rear via a walled courtyard.
Leases:
The building is fully let except for the vacant smaller retail unit (shop 31) which is on the market. Antiques & Vintage Ltd occupy the ground floor and rear courtyard at 31 Hart Street on a lease expiring in19th September 2026 and paying £39,085 per annum which is subject to an annual RPI linked rent review cap and collared at 1% and 5%.
On the first floor both office suites are occupied by 4 Corner Wine paying £15,020 pa and which is subject to annual RPI linked rent reviews, due 1st March each year, subject to a cap and collar of 1% and 5%.
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