The premises comprises a retail unit, which is believed to have been constructed in the 1960's and is currently occupied by Savers Health and Beauty. The ground floor has been fitted to a high standard throughout. The first floor provides ancillary accommodation, including staff room and WC's. A parking area exists at the rear of the property for up to two vehicles. This is accessed via West Street and a small walkway exists to the side of the property linking West Street to the High Street.
The property is let to Savers Health and Beauty Limited for a term of 10 years from 8th February 2021. The rent is currently £50,000 per annum and there is an upwards only rent review on 8th February 2026.
( Agency Pilot Software ref: 1281 )
Location
The premises are located in a prime position in Maidenhead High Street, a short distance from Nicholson’s Shopping Centre and approximately half a mile from Maidenhead Train Station and Crossrail line. This area of High Street is pedestrianised and nearby occupiers include Costa, Tesco Express and Marks & Spencer Simply Food.
Accommodation
2,954 sq ft / 274.44 sq m
Terms
INVESTMENT SUMMARY The property is let to Savers Health & Beauty Limited for a term of 10 years from 8th February 2021. The rent is currently £50,000 per annum and there is an upwards only rent review on 8th February 2026.
PRICE Our clients seek £1,050,000 for their freehold interest. The property is elected for VAT.
DUE DILIGENCE Any interested parties will be required to provide company information and proof of funds to comply with anti money laundering legislation.
RATES The Valuation Office indicates a Rateable Value as of 1st April 2023 of £38,750. Rate in the £ for 23/24 is 49.9p
ENERGY PERFORMANCE RATING E-117 LEGAL COSTS Each party is to be responsible for their own professional and legal fees.