Lot 73 Cornwall Place Shopping Centre, High Street, Buckingham, MK18 1SB

Property Enquiries

Simon Bailey


Viewing/Registration Enquiries

BidX1 Support Team

+44 (0) 20 7703 4401

Vendor Solicitor

Cara Keen

+44 (0) 1603 232 300

Unit 9 – Agreement in principle has been reached with the tenant for a new 10 year lease without break at a rent of £13,600pa, subject to 3 yearly rent reviews. A summary of the terms is available within the legal pack
Property Summary
  • Attractive Buckinghamshire town
  • Asset management opportunities
  • Tenants include TUI UK Ltd
  • Adjacent to Waitrose and public car park
  • Current rent £268,064 per annum
  • Six week completion available
  • On the Instructions of a UK Fund



Buckingham lies about 30 miles north east of Oxford and 21 miles south of Northampton and a has a population of just over 12,000. It can be accessed via the A422, A43, A5 and A421, which in turn provide access to the M40 and M1 motorways. Rail services are via Milton Keynes Central, which lies about 12 miles to the east.

High Street forms part of the A422 in the town centre, with the property lying on the south side of the road near its junction with Cornwalls Meadow. The property lies adjacent to the main town centre car park (Cornwalls Meadow Car Park) and Waitrose Supermarket with other nearby occupiers including Vision Express, Lloyds Pharmacy, Boots, Tesco Express, M&Co and Barclays.


The property provides a pedestrianised town centre shopping precinct with dual access from High Street to the front and Cornwalls Meadow Car Park to the rear. It is arranged as a number of single and two storey buildings of traditional construction providing a mix of retail, restaurant and medical units. The precinct benefits from a strong footfall being one of the main pedestrian thoroughfares linking the main town centre car park and the town centre. There is a small yard area to the side that includes some on-site car parking.


Please refer to legal documents


Aylesbury Vale District Council (01296 585858) www.aylesburyvaledc.gov.uk

Please refer to Legal Documents
Property Table

Accommodation & Tenancies






Commencement Date

Rent (PA)

1a & 1b

Medical 123.93 sq m (1,344 sq ft)

Selvaraj Balaji t/a The Gallery Dental

Lease expires 14/02/2026 (1)




Retail 34.84 sq m (375 sq ft)

Sandrasegarampillai Senthilrajan t/a Sabits Off-License

Lease expires 18/09/2033 (2)




Retail 27.87 sq m (300 sq ft)

Vape Direct Ltd

Lease expires 29/06/2022 (3)




Retail 102.28 sq m (1,101 sq ft)

Suleyman Ata & Nicola Ata t/a black Pepper Turkish Cuisine

Lease expires 30/03/2023




Retail 82.77 sq m (891 sq ft)


Lease expires 18/06/2028


£19,500 (4)


Retail 54.53 sq m (587 sq ft)


Under offer on a new 5 year lease (3 year break) at £12,900pa with 3 month's rent free (refer to legal pack)




Retail 54.72 sq m (589 sq ft)

Rachel at Panache Ltd t/a Panache Barbers

Lease expires 21/12/2022




Retail 67.35 sq m (725 sq ft)

Shlusar Wellness Ltd t/a Megasun Wellness

Lease expires 27/04/2022


£12,750 (5)


Retail 52.49 sq m (565 sq ft)

Curious Minds Vintage Ltd t/a Curious Minds Clothing

Lease expires 23/11/2022 (6)




Retail 57.04 sq m (614 sq ft)

Gyre & Gimble Ltd

Lease expires 01/06/2020





Retail 68.00 sq m (732 sq ft)

Detach Ltd t/a Willow Spring Dry Cleaning

Lease expires 23/06/2020




Retail 81.75 sq m (880 sq ft)


Lease expired 06/05/2018




Retail 169.08 sq m (1,820 sq ft)

Wing Kwong Lui & Jade Jsze Chuah t/a Jia Jia Le

Lease expires 16/03/2031

18/03/1991 (7)



Retail 75.43 sq m (812 sq ft)

Louise Jane Riley t/a Sweet Autumn

Lease expires 18/12/2024 (8)




Retail 88.53 sq m (953 sq ft)






Retail 104.14 sq m (1,121 sq ft)

Hair Host LLP

Lease expires 30/06/2025 (9)




Retail 70.32 sq m (757 sq ft)

Back to Nature (Buckingham) Ltd t/a Back to Nature Healthfood Shop

Lease expires 20/10/2021

11/04/1990 (10)



Retail 102.36 sq m (1,102 sq ft)

Vibin's Kitchen Ltd t/a Vibin's Cafe Bar & Restaurant

Lease expires 09/03/2028


£19,500 (11)


Retail 42.36 sq m (456 sq ft)

Dandy Lions Child Boutique

Lease expires 30/09/2019

05/08/2011 (12)








(1) There is a tenant's break clause on 14/02/2021 & a rent review on 15/02/2021
(2) There is a rent review & tenant's break clause on 19/09/2023
(3) There is a tenant’s break clause on 29/06/2020 & a rent review on 30/06/2020
(4) The rent is currently £16,250pa until 18/06/2022, which will be topped up by the vendor & there is a rent review on 19/06/2023
(5) There is a rent review on 28/04/2019
(6) There is a tenant's break clause on 23/11/2021
(7) Lease renewal on 14/05/2014 & rent review on 17/03/2021 & 17/03/2026
(8) There is a tenant's break clause & a rent review on 19/12/2019
(9) There is a rent review on 01/07/2020 & annually until expiry. There is a tenant's break clause on 30/06/2020
(10) Lease renewal on 21/10/2016
(11) The rent is currently £16,500pa until 09/03/2022, which will be topped up by the vendor & there is a rent review on 10/03/2023
(12) Lease renewal on 24/11/2016


Refer to the legal documentation

*Terms and Conditions

Buyers are strongly advised to read these terms and conditions, and check the Special Conditions and any applicable Addendum, prior to bidding on a Lot. Additional costs, charges and encumbrances may apply for Buyers once they have made a successful bid in relation to a property.

  1. The reserve price is the minimum price at which the property can be sold at auction.
  2. Where a guide price (or range of prices) is given, that guide is the minimum price at which, or range of prices within which, the seller may be prepared to sell on the date on which the guide price, or range of prices, is published. The sale price, whether prior to or at the auction, can be above or below the guide price depending upon market activity. BidX1 and the seller accept no responsibility for any losses, costs or damages incurred by a buyer as a result of relying on any guide price. The buyer must decide how much they should bid for any Lot. All guide prices are quoted subject to contract. Guide prices given by BidX1 or the seller cannot be accepted by the buyer as being a professional valuation for any purpose in accordance with the requirements or guidance notes of relevant professional bodies or other authorities.
  3. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. Whilst every effort is made to ensure that these guides are not misleading, it is possible that the reserve price set for any Lot may exceed the previously quoted guide price (as the seller may fix the final reserve price just before bidding commences).
  4. The guide price for the Lot does not include the administration fee of £1,000 (inclusive of VAT) charged by BidX1. In the case of a joint agent this administration fee will be £2,000 (exclusive of VAT). In addition, the guide price does not include VAT on the sale price, or any additional costs, charges or encumbrances that might apply to some Lots and/or some buyers. The Special Conditions of Sale of the seller, and any applicable Addendum, will state if there are other costs, charges or encumbrances and whether the seller has elected to charge VAT on the sale price.
  5. To participate in the sale BidX1 must hold a minimum amount from all bidders. This participation amount is fully refundable in the event that you are not the successful purchaser. For example, a participation fee of £4,500 comprises £3,500 relating to your bidder security (partial deposit payment) and an administration fee of £1,000 inc. VAT payable directly to BidX1. A higher participation amount may be payable depending on the reserve price of the Lot.
  6. Please note that Lots may be sold or withdrawn prior to auction.
  7. No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the seller in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the seller. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the seller. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller.

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