Oakridge House & Oakridge Place, 31-37 Station Road & 46-56 Oak End Way, Gerrards Cross, Buckinghamshire, SL9 8ES
Result: Sold for £100,000 Guide price: £100,000 plus*
Wednesday, 6th February 2019 11:00am
Location & Description
A large and mainly modern development of 28 self-contained apartments (27 with basement parking - 35 spaces in total) incorporating a Waitrose (not part of the sale). Gerrards Cross is in south Buckinghamshire just to the north west of J16 of the M25 where the M40 intersects. The busy town centre can be reached from the A413 (Amersham Road) and the property fronts Station Road and Oak End Way to the rear. The mainline station is a short distance to the west and nearby occupiers include NatWest, Holland & Barrett, Café Rouge with other national multiples in Packhorse Road.
All the apartments (except one) have a basement parking space(s) and are sold on leases for 175 years from 01.12.2012 at £250 p.a. with 15 year reviews linked to the Retail Price Index (see leases for exact wording).
999 years from 19.09.2012 at a peppercorn rent
EQUIVALENT TO £7,000 p.a. WITH 15 YEAR REVIEWS
Rapleys LLP Tel: 0370 777 6292 Ref: Angus Irvine