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Champneys, Wigginton, Tring, HP23 6HY

26 bedrooms | House share | For Sale

Offers Over £2,600,000

Property type
House Share
Bedrooms
x26
Bathrooms
x6
Ian Bullimore  avatar

Ian Bullimore

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Key features

Large former stable block

Currently arranged as a 26 Bedroom HMO

Sale and Leaseback

15 year FRI Lease

Strong Covenant

No breaks

5 yearly rent reviews

Strong income

Superb location

Property Description

Freehold. The property is offered for sale with a brand new 15 year FRI lease on completion with no breaks to Champneys Tring Ltd and a parent company guarantee.

Initial rent of £200,000 per annum offering a great return on investment. 

5 yearly rent reviews - no breaks

Champneys will require a buy back clause should the successful purchaser wish to sell on the site to another party giving them the right of first refusal.

Location

The 170 acre Champneys Tring Spa Resort which is located in the beautiful Hertfordshire village of Wiggington which is located between Tring and Berkhamsted.
The property is located approximately 30 miles north west of London close to Buckinghamshire borders and is accessible from both Chesham Road which provides the main entrance as well as from Rossway Lane which provides a surrounding area is typically made up of open countryside and large luxury residential properties.
Road communications are good with the A41 being easily accessible which provides access to the M25 with Tring and Berkhamsted railway stations providing excellent accessibility to Central London with journey times from 32 minutes.
Tring is in Hertfordshire, about 48 km (30 miles) north west of London, near the Buckinghamshire border. The town has very good transport links, including the A41 dual carriageway and Tring railway station, which provides regular services to London Euston and Birmingham. The local economy includes retail, education and tourism. Notable attractions include the National History Museum at Tring and the nearby Chiltern Hills Area of Outstanding Natural Beauty. The area also has various amenities, including shops, schools and recreational facilities.

HMO Licence - M056311
Licence valid from:
10 September 2024
to:
9 September 2029 

 

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Whether you’ve only just started thinking about moving, or have done all your research and are ready to get the show on the road, we’re waiting to hear from you and ready to answer any questions you may have

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