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For Sale by Auction on 23rd January 2025, Long Leasehold Retail Investment, 9 Minster Way, Slough, SL3 7EY

1,129 Sq Ft / Retail / Investment

For Sale - £120,000.00

Available - Last updated: 06 January 2025

For Sale by Auction on 23rd January 2025

A ground floor retail unit totalling approximately 104.90 sq m (1,129 sq ft) forming part of larger residential block. The unit provides a retail area plus ancillary accommodation to the rear. Externally there is a rear yard area.

Location

Slough is one of the principal towns in the Thames Valley lying on the M4 Corridor approximately 20 miles west of Central London and 19 miles north east of Reading. It lies immediately to the north of the M4 motorway, from which it can be accessed via junctions 5, 6 and 7. The M25 intersection (junction 15) lies approximately 4 miles to the east and the M40 motorway lies about 8 miles to the north accessible at junction 2. Slough railway station provides regional and national rail services including regular services to London Paddington with a journey time of 15 minutes and London Heathrow Airport lies approximately 5 miles to the south west.

Minster Way lies approximately 2 miles east of the town centre running north from Langley Road. The property lies on its east side near the junction with Barchester Road in a predominantly residential location.

Accommodation

9 Minster Way - Ground Floor Retail/Ancillary - 104.90 sq m (1,129 sq ft)

Terms

Tenure - Leasehold for a term of 250 years from completion at a peppercorn ground rent

Guide Price - £120,000

EPC - Rating 107 Band E

Specification

  • Long leasehold retail investment
  • Ground floor convenience store in a residential location
  • Six week completion available
  • Let until 2031
  • Producing £10,500 per annum
  • Offered on behalf of Slough Borough Council

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Guide Price For Sale Leasehold £120,000.00 NA

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Agency Team

BidX1 Commercial

020 3151 9502

Simon Bailey

BidX1 Commercial

020 3151 9486

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