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For Sale by Auction on 27th February 2025, Multi-Let Retail Investment, 51-61 Cheviot Road, Slough, SL3 8UE

5,278 Sq Ft / Retail / Investment

For Sale - £525,000.00

Available - Last updated: 10 February 2025

For Sale by Auction on 27th February 2025

A part single storey and part three storey building of traditional construction beneath a part flat and part pitched roof. The property is arranged as three ground floor retail units with three split level three bedroom maisonettes above (one of the flats is being retained by the Seller on a new 999 year lease - refer to legal pack). Each flat is accessed via its own separate external staircase from the rear service yard.

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.

Cheviot Road lies in Langley to the east of Slough town centre running south from Common Road and just to the north of junction 5 of the M4 motorway. The property lies on the east side of the road at its junction with Grampian Way in a mainly residential location.

Accommodation

51 Cheviot Road

Ground Floor retail/ancillary - 68.30 sq m (735 sq ft)

53 Cheviot Road

Ground Floor retail/ancillary - 78.40 sq m (844 sq ft)

59 Cheviot Road

First/Second Floor Maisonette - 86.00 sq m (925 sq ft)

55 Cheviot Road

Ground Floor retail/ancillary - 85.90sq m (924 sq ft)

61 Cheviot Road

First/Second Floor Maisonette - 86.00 sq m (925 sq ft)

57 Cheviot Road

First/Second Floor Maisonette - 86.00 sq m (925 sq ft)

Terms

Tenure - Freehold

Guide Price - £525,000

EPC:

51 Cheviot Road - Rating 61 Band C

53 Cheviot Road - Rating 81 Band D

55 Cheviot Road - Rating 68 Band C

59 Cheviot Road - Rating 75 Band C

61 Cheviot Road - Rating 69 Band C

Specification

  • Freehold multi-let retail investment
  • Established retail parade in a residential location
  • Includes 2x three bedroom maisonettes
  • Asset management opportunities
  • WAULT 10.75 years
  • Producing £43,500 per annum
  • Offered on behalf of Slough Borough Council

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Guide Price For Sale Freehold £525,000.00 NA

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Contact agents

Agency Team

BidX1 Commercial

020 3151 9502

Simon Bailey

BidX1 Commercial

020 3151 9486

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