16-20 WARWICK ROAD

BEACONSFIELD HP9 2PEATTRACTIVE SOUTH EAST OFFICE & RESIDENTIAL INVESTMENT OPPORTUNITY

16-20 WARWICK ROAD

BEACONSFIELD HP9 2PEATTRACTIVE SOUTH EAST OFFICE & RESIDENTIAL INVESTMENT OPPORTUNITY

INVESTMENT CONSIDERATIONS

■ Located within the affluent commuter town of Beaconsfield

■ Situated a 5 minute walk from Beaconsfield Train Station and Town Centre

■ The property comprises two attractive detached buildings. 16 Warwick Road provides a 5,040 sq ft self contained office. 20 Warwick Road provides three flats let on ASTs

■ Fully let to 4 tenants with a current rent of £168,400 per annum, reflecting £25.20 psf on the office accommodation

■ The office accommodation is let in its entirety to Sacla UK Ltd on a 10 year lease from 22nd August 2013

■ The office benefits from 23 on-site car parking spaces, reflecting a ratio of 1:219 sq ft, each flat benefits from a garage car parking space

■ Freehold

■ Future development of the site and existing office accommodation to residential (STP)

PROPOSAL

■ Offers sought in excess of £2,700,000 (Two Million, Seven Hundred Thousand Pounds) subject to contract and exclusive of VAT. A purchase at this level reflects a net initial yield of 5.86% assuming standard purchaser’s costs.

16-20 WARWICK ROAD

BEACONSFIELD HP9 2PEATTRACTIVE SOUTH EAST OFFICE & RESIDENTIAL INVESTMENT OPPORTUNITY

LONDONHeathrow

LondonCity

Gatwick

StanstedLuton

J27J25J23

J21

J20

J19

J16

J15

J2

J12

J10

J7J8

J9

J6

J5

J3

J2

J29

J28

A5

A505

A418

A602A131

A130

A138

A130

A127

A217

A331

A322

A339

A232

A264

A229

A120

A404

A355

A404

A413

A4142

A4010

A414

A414

A414

A1

A2

A3

A41

A34

A40

A31

A24

A22

A21

A20

A10

A10

A12

A12

A13

A26

A21

A23

A23

A420

A303

A34

A34

A44

A40

M1

M4

M4

M2

M3

M3

M10

M40

A404(M)

A329(M)

M25

M25

M25

M25

M25

M25

M23

M26

M20

M20

M11

M11

A1(M)

M1

Harlow

Epping

Hertford

LUTON

Aylesbury

DunstableStevenage

Hatfield

Dartford

Bromley

Gravesend

GillinghamRochester

Sittingbourne

Croydon

Biggin Hill

Romford

Tonbridge

RoyalTunbridge

Wells

Maidstone

Snodland

Sheerness

StaplehurstPaddockWood

CrawleyThree Bridges

Horley

Horsham

Witley

Godalming

Cranleigh

HaywardsHeath

Redhill

Oxted

DorkingGUILDFORD Reigate

HemelHempstead

Chesham

St Albans

HighWycombe

Thame

Watford

WembleyUxbridge

Ruislip

Woking

Harefield

Hampstead

Enfield

Windsor

Aldershot

Alton

BASINGSTOKE

Famham

Fleet

Bracknall

Ascot

Sandhurst

READING

OXFORD

Maidenhead

EpsomSutton

Ashford

Hounslow

Southall

Billericay

Wickford

Southend-on-SeaCanveyIsland

Chelmsford

ChippingOngar

Basildon

Walton-on-Thames

KingstonUpon Thames

Clapham

Harpenden

Eton

Marlow

Egham

HurleySLOUGH

BEACONSFIELD

P

REYNOLDS ROAD WARWICK ROAD

GRENFELL ROAD

CALEDON ROAD

WILT

ON

CRE

S

BARING ROAD

MAXWELL ROAD

B

URK

ES RO

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GRO

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D

B4747 PENN

ROA

D

STATION

ROAD

B4747

GREGORIES ROAD

LEDBOROUGH LANE

BEACONSFIELDSTATION

PROPERTY

LOCATION

Beaconsfield is an affluent and established residential and commercial town located approximately 5.4 miles (6.7 km) south east of High Wycombe, 18.6 miles (29.9 km) south west of Watford and 8.7 miles (14.0 km) north west of Slough. Beaconsfield is situated in the heart of Buckinghamshire in the Chiltern Hills area of Outstanding Natural Beauty.

Beaconsfield is a popular and affluent commuter town whilst benefiting from excellent road communications. The town is located adjacent to the A40 and J2 of the M40 Motorway, providing access to London’s inner ring roads and the rest of the UK.

The town is served by Beaconsfield Rail Station, offering direct services to London Marylebone, High Wycombe and Oxford.

M40 (Junction 2) 6 minutes

Oxford 48 minutes

Heathrow 14 miles

Gatwick 43 miles

High Wycombe 5 minutes

London Marylebone 20 minutes

Journey time source: Google/National Rail

SITUATION

The property is situated on the southern side of Warwick Road, close to its junction with Penn Road (B474). Warwick Road is centrally located, c. 400 ft east of the town’s main retailing pitch and approximately 1,500 ft north west of Beaconsfield Station.

Occupiers within the immediate vicinity include Waitrose, Oxfam, Barclays Bank, HSBC and several independent restaurants and cafés.

TENURE

The property is held freehold.

DESCRIPTION

The office accommodation is arranged over ground and two upper floors totalling approximately 5,040 sqft (468.2 sqm). Internally the ground floor provides a reception area and meeting rooms.

The first and second floors comprise office accommodation, staff kitchen and meeting rooms. There are WCs located at each mid-level with a disabled and female WCs to the ground floor.

There is car parking to the rear of the site for approximately 23 cars with 3 garage spaces.

The residential accommodation provides three, 2 bedroom apartments with kitchen, bathroom and living room. The apartments are in good condition Flat 2 and the communal areas have recently been refurbished. All the flats benefit from use of their own garage.

WARWIC

32

36

3413

812 to 18

20

Electricity Sub Station0m 10m 20m 30m

16 Warwick Road, Beaconsfield, HP9 2PE

Ordnance Survey © Crown Copyright 2019. All rights reserved. Licence number 100022432. Plotted Scale - 1:599

© Crown Copyright, ES 100004106. For identification purposes only.

WARWICK ROAD

THE BROADWAY

16-20 WARWICK ROAD

BEACONSFIELD HP9 2PEATTRACTIVE SOUTH EAST OFFICE & RESIDENTIAL INVESTMENT OPPORTUNITY

TENANCY SCHEDULE

Demise Tenant Description Area (sq m)

Area (sq ft)

Start Date Expiry Date (Break)

Passing Rent pa

16 SACLA UK Ltd

Ground 130.5 1,405

22/08/2013 21/08/2023£127,000

(£25.20 psf)

First 179.3 1,930

Second 158.4 1,705

Total 468.2 5,040

20, Flat 1 Private Individual Ground Floor 2 bedroom 11/01/2010 Monthly periodic term £13,200

20, Flat 2 Private Individual First Floor 2 bedroom 02/07/201901/07/2021

(02/07/2020)£14,400

20, Flat 3 Private Individual Second Floor 2 bedroom 13/11/2015 Monthly periodic term £13,800

Total 468.2 5,040 £168,400

16-20 WARWICK ROAD

BEACONSFIELD HP9 2PEATTRACTIVE SOUTH EAST OFFICE & RESIDENTIAL INVESTMENT OPPORTUNITY

COVENANT

SACLA UK Limited (02609524)

SACLA UK Limited is a Private Limited company trading in importing Italian foods for the wholesale distribution into the UK grocery retail and food services market.

SACLA UK Limited has a D&B rating of 2A2 and an Experian Credit Rating of 100 reflecting ‘Very Low Risk’.

SACLA UK Limited produced the following financial results over a 3 year period:

31 December 2016

31 December 2017

31 December 2018

Turnover £22,702,718 £20,782,704 £21,979,140

Pre-Tax Profit £216,079 £208,269 £13,150

Shareholders Funds

£1,391,777 £1,545,225 £1,554,129

EPC

Available in the dataroom.

VAT

16 Warwick Road has been elected for VAT. 20 Warwick Road has not been elected for VAT.

16-20 WARWICK ROAD

BEACONSFIELD HP9 2PEATTRACTIVE SOUTH EAST OFFICE & RESIDENTIAL INVESTMENT OPPORTUNITY

Misrepresentation Act: 1. Allsop LLP on its own behalf and on behalf of the vendor/lessor of this property whose agent Allsop LLP is, gives notice that: (a) these particulars do not constitute in whole or in part an offer or contract for sale or lease; (b) none of the statements contained in these particulars as to the property are to be relied on as statements or representations of fact; and (c) the vendor/lessor does not make or give, and neither Allsop LLP nor any of its members or any person in its employment has any authority to make or give, any representation or warranty whatsoever in relation to the property. The only representations, warranties, undertakings and contractual obligations to be given or undertaken by the vendor/lessor are those contained and expressly referred to in the written contract for sale or agreement for lease between the vendor/lessor and a purchaser or tenant. 2. Prospective purchasers or tenants are strongly advised to: (a) satisfy themselves as to the correctness of each statement contained in these particulars; (b) inspect the property and the neighbouring area; (c) ensure that any items expressed to be included are available and in working order; (d) arrange a full structural (and where appropriate environmental) survey of the property; and (e) carry out all necessary searches and enquiries. Allsop is the trading name of Allsop LLP. Design CommandD www.commandHQ.co.uk 10.19

Lottie Hayward020 7543 6750lottie.hayward@allsop.co.uk

For further information or to make arrangements for viewing please contact: Gergo Petrovics 020 7543 6861 gergo.petrovics@allsop.co.uk allsop.co.uk

PROPOSALOffers sought in excess of £2,700,000 (Two Million, Seven Hundred Thousand Pounds) subject to contract and exclusive of VAT. A purchase at this level reflects a net initial yield of 5.86% assuming standard purchaser’s costs.

AMLA successful bidder will be required to provide the usual information to satisfy the AML requirements when Head of Terms are agreed.

DATA ROOMFor further information please register to the Allsop Marketing Data Room on the following link:

https://datarooms.allsop.co.uk/register/warwickroad