0 Bedroom Commercial - Retail in Station Hill Maidenhead

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Commercial - Retail

Station Hill, Cookham, SL6 9BT

£260,000
  • sold
  • sold
  • sold
  • sold
  • Key Features

    • UNDER OFFER
    • Commercial investment
    • Rent £18,000 per annum
    • 15 year repairing lease
    • Gross yield 7%
    • Freehold

    Property Description

    UNDER OFFER - A commercial freehold investment comprising a ground floor retail unit let on a full repairing lease, located within 100 metres of Cookham train station and approximately 2.5 miles north of Maidenhead town centre. Local retailers include Nationwide, Coral, Costa Coffee and Countrystore.

    LOCATION: The property is located on Lower Road between Maidenhead Road and High Road approximately 2.5 miles north of Maidenhead town centre. Nearest train station within 100 metres is Cookham served by local services between Maidenhead and Marlow with connections to London.

    DESCRIPTION: The property comprises a freehold single fronted retail shop unit with W.C. and kitchenette, currently occupied by Age Concern. NIA 420 sq ft (39.09 sq m) Shop frontage 18 ft (5.37 m)

    LEASE: 1 Station Hill is let to Age Concern on a new 15 year full repairing lease outside the Landlord & Tenant Act. Rent equivalent £18,000 per annum exclusive, payable monthly in advance by standing order subject to a rent review and break clause every third anniversary (5 years). All figures quoted are exclusive of VAT which will not be chargeable.

    SIZE: NIA 420 sq ft (39.09 sq m) Shop frontage 18 ft (5.37 m)

    ENERGY PERFORMANCE: Not required

    BUSINESS RATES: We have been verbally advised that the property is assessed as follows: Rateable value £11,000. Interested parties should make their own enquiries with the local authority to verify this information.

    LOCAL AUTHORITY: Windsor and Maidenhead - 01628 796 623

    TO VIEW: Viewings are not permitted as the property is sold as an occupied investment, however, reasonable access will be permitted for valuations and surveys.

    TENURE: Freehold

    LEGAL FEES: Each party to bear their own costs.

    ROMANS COMMERCIAL: 23 Market Place, Wokingham, Berkshire, RG40 1AP - 0800 781 0745

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  • Energy Performance Certificate

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Commercial

Crowthorne House,
Nine Mile Ride,
RG40 3GZ

T: 0800 781 0745

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