Retail Property (high street) for sale

Station Hill, Cookham, Maidenhead

£260,000

Property Description

Key features

  • UNDER OFFER
  • Commercial investment
  • Rent 18,000 per annum
  • 15 year repairing lease
  • Gross yield 7%
  • Freehold

Full description

Tenure: Freehold



UNDER OFFER - A commercial freehold investment comprising a ground floor retail unit let on a full repairing lease, located within 100 metres of Cookham train station and approximately 2.5 miles north of Maidenhead town centre. Local retailers include Nationwide, Coral, Costa Coffee and Countrystore.

LOCATION 
The property is located on Lower Road between Maidenhead Road and High Road approximately 2.5 miles north of Maidenhead town centre. Nearest train station within 100 metres is Cookham served by local services between Maidenhead and Marlow with connections to London.

DESCRIPTION 
The property comprises a freehold single fronted retail shop unit with W.C. and kitchenette, currently occupied by Age Concern. NIA 420 sq ft (39.09 sq m) Shop frontage 18 ft (5.37 m)

LEASE 
1 Station Hill is let to Age Concern on a new 15 year full repairing lease outside the Landlord & Tenant Act. Rent equivalent £18,000 per annum exclusive, payable monthly in advance by standing order subject to a rent review and break clause every third anniversary (5 years). All figures quoted are exclusive of VAT which will not be chargeable.

SIZE 
NIA 420 sq ft (39.09 sq m) Shop frontage 18 ft (5.37 m)

ENERGY PERFORMANCE 
Not required

BUSINESS RATES 
We have been verbally advised that the property is assessed as follows: Rateable value £11,000. Interested parties should make their own enquiries with the local authority to verify this information.

LOCAL AUTHORITY 
Windsor and Maidenhead - 01628 796 623

TO VIEW 
Viewings are not permitted as the property is sold as an occupied investment, however, reasonable access will be permitted for valuations and surveys.

TENURE 
Freehold

LEGAL FEES 
Each party to bear their own costs.

ROMANS COMMERCIAL 
Crowthorne House, Nine Mile Ride, Wokingham RG40 3GZ - 0800 781 0745

More information from this agent

Nearest stations

  • Cookham (0.1 mi)
  • Bourne End (1.4 mi)
  • Furze Platt (1.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Romans, Commercial

Crowthorne House Nine Mile Ride, RG40 3GZ

0118 453 0344 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Romans, Commercial

Crowthorne House Nine Mile Ride, RG40 3GZ

0118 453 0344 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Cookham (0.1 mi)
  • Bourne End (1.4 mi)
  • Furze Platt (1.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Romans, Commercial

Crowthorne House Nine Mile Ride, RG40 3GZ

0118 453 0344 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference AUC160256. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Romans, Commercial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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