105 - 107 High Street, Burnham, SL1 7JZ
2,387 Sq Ft / Other / Investment
For Sale
- £500,000.00
Available - Last updated: 19 November 2024
Summary
The properties are well located in Burnham High Street on ground and first floor levels with an estate agents, hairdressers & physiotherapist together with a large car park to the rear, accessed via the archway.
Key Points
Central, Prominent PositionIncome from 3 well established tenanciesLarge car park for more than 10 vehicles. Plus lock up garage.Potential to extend (STP)Total income receivable £37,200 pa
Viewings
By prior arrangement via the agents. Please contact David Pearce - 07921 820 943
Business Rates
The tenants are responsible for paying Business Rates directly to the Local Authority.
Legal Costs & VAT
Each party will be responsible for their own Legal Fees. All figures are quoted exclusive of VAT, which may be chargeable.
Location
Conveniently located between Slough and Maidenhead, Burnham has excellent transport links to the M4 and M40. Burnham train station is on the Crossrail route and is just 1.2 miles away. The thriving High Street offers a wide range of amenities including supermarkets, coffee shops, Post Office, pubs and restaurants.Terms
Offers invited in excess of £500,000 for the Freehold, subject to the following leases:
105 High Street, Let to Sequence Estate Agents Ltd from March 2024 for 5 years at £14,500 pax. Tenant break in 2027.
Part 107 High Street, Let to Jenni Carey from May 2024 for 6 years at £6,500pax. Subject to review at 3rd year.
Part Ground floor & First Floor 107 High Street, Let to Burnham Physiotherapy and Sports Injury Clinic Ltd for 10 years from September 2022 at £16,200 pax. Tenant break and review in September 2027.
Total income receivable - £37,200 pa
Property Quote Price(s)
| Description | Sale type | Guide price | Price type |
| |
For Sale Freehold
|
£500,000.00
| NA |
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