Retail/Shop For Sale Maidenhead
PROPERTY ID: 127734
PROPERTY TYPE
Retail/Shop
STATUS
Available
SIZE
0 sq.ft
Property Details
Freehold Retail & Residential Investment For Sale Central, Prominent Location Commercial Income £37,000 P.a. Plus Vacant Flats And Store Approx. Total Yield Of 7.6% On Letting Of Vacant Flats Location The Property Is Situated On The South Side Of The High Street In Maidenhead, Just To The East Of The Junction With St Ives Road In Arguably The Nicest Part Of The Town Centre. Maidenhead Itself, Is A Busy Town With A Resident Population Of Over 70,000 On The A4, Close To Junction 8/9 Of The M4. The Town Centre Is Being Transformed By A Number Of Significant Retail And Residential Developments And The Area Around This Property Has Been Enhanced, With More Amenities And Attractions. The Elizabeth Line/gwr Station Is Nearby. What3words Location: ///resist.critic.loaf Description The Property Comprises A Terraced, 2 Storey Building, With Two Shops, Two Flats And A Currently Vacant First Floor Space . The Larger Retail Unit Is Operated As A Sun Tanning And Beauty Establishment On Two Levels . Some Photos Of Flats Supplied By Letting Agents, Watermans, Before Most Recent Letting. Approx. Net Areas Provided As A Guide Only: Shop 7: 69.2 M2 (745 Ft2) Incl. 205 Ft2 On 1st Floor Shop 7a: 33.5 M2 (361 Ft2) 1st Floor: 16.3 M2 (175 Ft2) Vacant Area Flat 1: 1 Bed, 2nd Bed/boxroom, Kitchen, Bathroom Flat 2: 2 Beds, Kitchen, Bathroom Tenancies Shop 7a Is Let To D Kaczmarek, T/a Needle Tailoring, On Assignment, For A Term Expiring 30 June 2025 At £12,000 P.a.x. But Has Recently Agreed A Regear To A 7-year Term At £14,500 Rising By £500 On The 3rd And 5th Years. Shop 7 Is Let To The Suntan Shop (maidenhead) Ltd For A Term To 7 June 2028 At £22,500 P.a.x. Flats 1and 2 Are Currently Vacant But Were Recently Let At £1400 P.m. And £1300 P.m. Respectively. A Store/office Room On The First Floor Is Currently Vacant. Epc Flats: D, Shops: C Terms We Are Seeking Offers In Excess Of £900,000 For The Freehold Interest In The Building. For More Information, Email Philip@pmcd.co.uk Or Phone 01494 683642