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For Sale by Auction on 26th March 2025, Multi-Let Retail Investment, 2-20 (excl 10, 14, 16 & 18) Stoney Meade Lodge Far, Slough, SL1 2YL

4,497 Sq Ft / Retail / Investment

For Sale - £165,000.00

Available - Last updated: 14 March 2025

For Sale by Auction on 26th March 2025

Four ground floor retail units plus two self-contained flats forming part of a larger three storey building. The units are arranged as retail and ancillary accommodation at ground floor level and 12 Stoney Meade is arranged as a self-contained two bedroom flat, which sits above 4 Stoney Meade at first floor level. Three of the retail units plus one of the flats (two bedroom) are held on long leasehold interests (refer to legal pack). There is delivery access to the retail units from the rear.

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.

Stoneymeade runs south from Cippenham Lane to the west of the town centre. The parade lies on the east side of the road opposite the Earl of Cornwall public house and opposite Slough Retail Park where occupiers include Smyths Toys, The Range, Sofology, Costa and DFS.

Accommodation

2 & 12 Stoney Meade

Ground floor retail - 67.70 sq m (728 sq ft)

First floor two bedroom flat - 72.00 sq ft (775 sq ft)

4 Stoney Meade

Ground floor retail - 92.31 sq m (993 sq ft)

6 Stoney Meade

Ground floor retail - 46.30 sq m (498 sq ft)

8 Stoney Meade

Ground floor retail - 67.63 sq m (728 sq ft)

20 Stoney Meade

First floor flat - 72.00 sq m (775 sq ft)

Terms

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

Guide Price - £165,000

EPC:

2 Stoneymeade - Rating 92 Band D

4 Stoneymeade - Rating  94 Band D

6 Stoneymeade - Rating 46 Band B

8 Stoneymeade - Rating 90 Band D

12 Stoneymeade - Rating 77 Band C

20 Stoneymeade - Rating 70 Band C

Specification

  • Long leasehold multi-let retail investment
  • Established retail parade
  • Retail unit and two bedroom flat
  • Three further retail units and a two bedroom flat sold off on long leases
  • 6 week completion available
  • Producing £17,515 per annum
  • Offered on behalf of Slough Borough Council

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Guide Price For Sale Leasehold £165,000.00 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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