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233-249 High Street, Slough, SL1 1BY
44,990 Sq Ft / Retail / General Retail
Withdrawn - Last updated: 04 April 2025
High Street Investment with Asset Management Potential
Key Features
- Prime High Street retailing location in Slough.
- Freehold property totalling 44,990 sq.ft
- Let to Wilko, lease expiring in March 2029.
- Wilko is an essential retailer that traded throughout the pandemic. The company was founded in 1930 and remains a family owned business.
- A rental income of £259,608 pa, equating to £5.77 per sq ft.
- Asset management initiatives and longer term redevelopment opportunities, subject to necessary planning consents.
- Offers are invited on an unconditional basis in excess of £2,500,000 (Two Million, Five Hundred Thousand Pounds) subject to contract and exclusive of
- This reflects an attractive net initial yield of 9.76%, assuming purchaser's costs of 6.40%, equating to £55 psf.
( Agency Pilot Software ref: 113010 )
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