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121-123 High Street, Slough, SL1 1DH

£1,425,000

£220.38 per sq ft

Business rates & charges may apply

Christo & Co, London, London
SIZE AVAILABLE

6,466 sq ft

601 sq m

SECTOR

High street retail property for sale

Key features

  • Prime High Street Retail Bank Investment
  • Great Transport Links
  • Close Proximity to Queensmere Shopping Centre
  • Development Opportunity
  • Let to Lloyds Bank Plc

Description

Description
The property comprises of a mid-terrace three- Storey building originally constructed circa 1930’s.
The property was originally used as a cinema as noted by the art deco cladding on the front elevation. The entire property is occupied by Lloyds Bank PLC. The property is arranged over basement, ground and ancillary offices on the first and second floors.

Location
Slough is a major commercial centre within the Thames Valley located approximately 38 km (24 miles) west of London and 16 km (10 miles) west of Heathrow Airport. Communication links are excellent with Junction 5 of the M4 motorway within a mile of the town centre which, in turn, connects with the M25, 3 miles to the east. There are frequent rail services to London (Paddington) with an average journey time of 27 minutes. The new Elizabeth Line is only a short walk away providing 4 new higher capacity trains running an hour in each direction between Slough and London.

Tenancy
The entire property is Let to Lloyds Bank Plc on a FR&I Lease for a term of 5 years from 23/12/2020 without rent review expiring 23/12/2025 at the current passing rental of £70,000 per annum.

Lloyds Bank have formally applied to take a new Lease for a further 3 years from expiring of the current Lease. Rent and Terms are to be agreed.

Viewings
Strictly by appointment through owner’s SOLE agents as above.

IDENTIFICATION:
In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser.

Freehold Price
£1,425,000 with the benefit of the Income from Lloyds Bank Plc

Brochures

121-123 High Street, Slough, SL1 1DH

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Slough Station0.2 miles
  • Windsor & Eton Riverside Station1.7 miles
  • Datchet Station1.9 miles

About Christo & Co, London, London

Parkway London NW1 7AH

Christo & Co are a well-established Estate Agency originally founded by Chris Christo in 1985 after the dissolution of Christo Vegoda. providing a highly professional service, yet personal where Clients can rely upon the expertise of a highly experienced team of Surveyors, Valuers and Commercial/Residential Agents.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 272920-1. 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 Christo & Co, London, London. 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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