1/4
Investment

Investment For Sale Maidenhead

PROPERTY ID: 137914

PROPERTY TYPE

Investment

STATUS

Available

SIZE

111-238 sq.ft

Property Details

New Freehold Investment Instruction In Cookham, Berks Freehold Mixed Use Investment Comprising Restaurant And Hmo For Sale Prominent Central Position Close To Parking And The Train Station Fully Occupied With Restaurant Tenant And 5 Letting Rooms Above Accessed From The Rear. Generating Gross Rents Of £73,180 Pa 7 % Net Yield On Current Estimated Net Income Not Vat Elected Location The Property Is Conveniently Situated Opposite Station Parade, Providing A Great Mix Of Retail And Residential And Shoppers Car Park. The Train Station, With Its Car Park, Is Also Close At Hand Providing Services To Maidenhead And Marlow. Cookham Is Located Approximately 3 Miles North Of Maidenhead, 8 Miles North-west Of Slough, And Approx. 10 Miles East Of Reading. Bourne End And Marlow Are Approx. 2 And 4 Miles Distant Respectively. Additionally, It Is Approx. 30 Miles From London, With Rail Connections Serviced By Great Western Railways Marlow Branch Line. The M4 And M40 Motorways Are Easily Accessible From The A404 Link Road. The Area Is A Popular Destination For Walkers And Nature Lovers, Providing A Convenient Base For Walks Along The Thames Path. Description A Three-storey Building Consisting Of Ground Floor Restaurant With Basement And Independently Accessed Residential On First And Second Floors Comprising 5 Letting Rooms With Communal Kitchen And Two Bathrooms. The Restaurant Has The Following Approx. Areas: Seating And Bar Area: 67.5 Sm (727 Sf) Kitchen: 23.4 Sm (252 Sf) Customer Wcs: 5.3 Sm ( 57 Sf) Basement/ancillary: 30.8 Sm (330 Sf) Total: 127 Sm (1,366 Sf) Plus External Seating Area For Approx. 10 Covers Tenancies Ground Floor Restaurant Let To Nepsi Limited T/a Neps, With Director's Personal Guarantee For A Year's Rent On A 15 Year Fri Lease From 5 October 2023 Without Breaks, At A Passing Rent Of £32,500 Pax With Next Rent Review In October 2028. Rent Deposit Of £8,125 Is Held. (lease Can Be Provided). Www.nepsrestaurant.co.uk Upper Floors: 5 Rooms Let As Professional Hmos At Rents Ranging From £600 Pcm To £790 Pcm With Total Rent Roll Of £40,680 Less Overheads Of Approx. £18,253, Providing Net Rent Of Approx. £22,400 Pa Total Gross Rents: £73,180 Pa; Net Rents: Approx. £54,900 Pax (schedule Can Be Provided). Epcs Restaurant: B Residential: D Vat The Property Has Not Been Elected For Vat. Terms Guide Price: £750,000 For The Freehold Interest Subject To The Tenancies. A Purchase At This Level Shows A Net Initial Yield, After Acquisition Costs, Of 9.3% On The Gross Rents And 7% On The Rental Income Less Estimated Hmo Running Costs.

About the Agent

Philip Marsh Collins Deung

See Agent's Other Properties

Investment Unit

£750,000 Freehold

1 Station Hill, Maidenhead, SL6 9BT
Investment - Available
111-238 sq ft
10-22 sqm
Show phone number

Enquiry Form

Boxpod will only use your details to send an enquiry to the advertiser and prompt a response. By clicking the Send Enquiry button, you agree to Boxpod's Privacy Policy Please wait for a response. It may take several seconds.

Similar to this property

To Buy
£750000 Freehold

Slough, SL1 5EA

Investment

To Buy
£750000 Freehold

Slough, SL1 5EA

Investment

To Buy
£650000 Freehold

Beaconsfield, HP9 2HN

Investment

To Buy
£2950000 Freehold

Beaconsfield, HP9 2PD

Investment

To Buy
£1200000 Freehold

Beaconsfield, HP9 2PD

Investment

To Buy
£1750000 Freehold

Beaconsfield, HP9 2PD

Investment

To Buy
£485000 Freehold

Slough, SL1 1EL

Investment

To Buy
£165000 Freehold

Bracknell, RG12 9LP

Investment

To Buy
£2450000 Freehold

West Drayton, UB7 7QP

Investment

To Let
POA

Crowthorne, RG45 7AW

Investment

To Buy
£500000 Freehold

Camberley, GU15 3RB

Investment

To Buy
£560000 Freehold

Walton on Thames, KT12 1RW

Investment

To Buy
£325000 Freehold

Teddington, TW11 8QZ

Investment

To Buy
POA

Kingston-Upon-Thames, KT2 5JG

Investment

To Buy
£1600000 Freehold

London, NW10 1JS

Investment

To Buy
£300000 Freehold

Oxford, OX4 2RD

Investment

To Buy
£2000000 Freehold

Dunstable, LU6 1TA

Investment

To Let
£320000 Freehold

Basingstoke, RG24 8GT

Investment

To Buy
£375000 Freehold

Basingstoke, RG21 7NT

Investment

To Buy
£900000 Freehold

Luton, LU1 1SA

Investment

To Buy
£1100000 Freehold

Luton, LU1 2HN

Investment

To Buy
£750000 Freehold

Bicester, OX26 6LG

Investment