The property comprises a mixed-use freehold building prominently situated on Station Road in the centre of Henley-on-Thames.

The ground floor is currently arranged as a self-contained vacant commercial unit with direct frontage onto Station Road, extending to approximately 749 sq ft (69.5 sq m) NIA.

The first floor comprises two self-contained one-bedroom apartments, currently producing a combined residential income of £21,390 per annum.

Planning permission has been granted for the conversion of the existing ground floor commercial accommodation to create two additional one-bedroom apartments, providing a purchaser with the opportunity to create a wholly residential investment comprising four self-contained flats.

The property also benefits from a small garden and off-street parking space.

The property is not elected for VAT

Location

The property occupies a convenient position on Station Road in the centre of Henley-on-Thames, approximately three minutes' walk from Henley railway station and a short walk from the town centre.

Henley-on-Thames is an attractive and affluent market town situated on the River Thames, offering an excellent range of independent retailers, national operators, restaurants, cafés and pubs.

The town benefits from good road communications, with access to the M4 at Junction 8/9 and M40 at Junction 6, together with regular rail services to London Paddington.

Accommodation

Ground Floor Commercial: 69.5 sq m / 749 sq ft
Flat 8A: 28 sq m / 301 sq ft
Flat 8B: 37 sq m / 398 sq ft

Areas provided by the landlord and not measured by BWP Commercial Property.

Current income

The two existing first-floor apartments produce a combined income of £21,390 per annum:

Flat 8A: £10,110 pa
Flat 8B: £11,280 pa

Planning

The ground floor currently benefits from Class E use, with the existing first-floor apartments falling within Class C3.

Planning permission has been granted for the conversion of the ground floor to provide two additional residential apartments under application reference P26/S2915/14B. The approved layout is shown on page 3 of the particulars.

EPC
Ground Floor: C
Flat 8A: D
Flat 8B: C

Business rates
The ground floor commercial accommodation has a current Rateable Value of £16,500.