Commercial property for sale in Pheasant Hill Garage, London Road, Chalfont St. Giles HP8

This property is prominently located in an affluent area just to the north of the village of Chalfont St Giles, Buckinghamshire in an elevated position on the northern side of the A413 London Road. This is a typically high traffic location with significant potential passing trade. The premises comprise a detached car showroom with workshops to the rear on a corner plot of approximately 0.17 hectares/0.42 acres. The property is let to csg Motor Company Limited from 1st January 2017 for a 15 year term at a passing rent of £95,000 per annum, rising to £100,000 per annum on 1st January 2027. There is a mutual break clause on the tenth year of the term operable with a minimum of six months prior written notice. Price: £1,850,000 on an unconditional basis, subject to contract. VAT is applicable to the sale.