Warehouse Investment Opportunity – High Wycombe

Staples, Queen Alexandra Road/Marlow Hill, High Wycombe HP11 2JX

• High Wycombe is an affluent south east town, with an extensive catchment population of approximately 223,000 (Promis)
• Highly accessible location being situated on the A404 Marlow Hill, providing direct access to the M40 motorway located 1 mile (1.6km) to the south
• Prominent town centre site situated adjacent to Buckinghamshire New University and within walking distance of the town centre
• Solus retail warehouse unit compromising 15,533 sq ft (1,443 sq m) of well configured flexible accommodation together with 93 car parking spaces equating to an excellent ratio of 1:167 per sq ft
• Let in its entirety to Staples UK Retail Limited until 13 August 2027, with a tenant only break option on 14 August 2022
• Passing rent of £200,000 with a fixed uplift to £400,000 per annum in February 2015, equating to £25.75 per sq ft. The vendor will top up the rent until February 2015
• Unrestricted Open A1 planning consent
• Freehold
• Strategic town centre site offering future redevelopment potential