DFS, London Road, High Wycombe
Price
£6,400,000
Description
•
High Wycombe is an affluent south east commuter town located approximately 28
miles west of central London.
• A 20 minute drive time catchment
population of 321,295 with 66.9% of households within A, B or C1 demographic
groups, well above the national level of 53%.
• The property is situated in the
established retail warehouse and trade location for the town on the busy A40
London Road, with Wycombe Retail Park, B&Q, Halfords and the former
Homebase, shortly to be Lidl, close by.
• Strong trading performance.
• Freehold.
• A modern, high specification
17,653 sqft unit with excellent visibility to the traffic on London Road, with
dedicated access, servicing and parking.
• Securely let to DFS Trading Ltd,
on assignment from DSG Retail Ltd, with both companies rated 100, Very Low
Risk, by Experian.
• The passing rent of £457,470 pa
equates to £25.91 per sqft.
• WAULT of approximately 7.75 years
with no breaks.
Net Initial Yield
6.70%