76/78 High Street, Burnham, SL1 7JT
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Key features
- High Yielding Mixed Use Investment
- Two Ground Floor Retail Units with an Office Suite to the Upper Parts
- Fully Let to Three Tenants
- Asset Management Potential
- ERV Approx. £45,000 per annum
- High Footfall Pitch in Affluent Town
- Investment Let at £24,100 p.a. (10.04% GIY on Guide Price)
- ERV Reflects 18.75% on Guide Price
Description
StrapLine
Auction Sale - 13/05/2025High Yielding, Multi-Let, Mixed-Use Investment Occupying a Prime Pitch in an Affluent Town
Two Ground Floor Retail Units with an Office Suite to the Upper Parts
Investment Let at £24,100 per annum
Description
The property comprises a high yielding, multi-let, mixed use investment occupying a prime pitch in the affluent town of Burnham.
Arranged across ground and first floors, the Grade II listed building comprises two retail units to the ground floor with a self contained office suite to the first floor.
The property is fully let to three tenants, with the ground floor units let to a boutique clothing retailer and Romans Estate Agents. The first floor is let on a separate commercial lease and used as offices. The total rent is £24,100 per annum (please see the below Tenancy Schedule for more information).
A number of leases have recently expired or are nearing expiry, with the tenants continuing to pay rent and therefore holding over. We consider the property offers evident asset management potential via renewal of leases and improvement of rents. We consider the Estimated Rental Value (ERV) of the property to be in the order of £45,000 per annum.
The property occupies a prime pitch fronting Burnham High Street, an affluent commuter town benefitting from access to the Elizabeth Line. The surrounding area is characterised by a mix of boutique and national retailers with nearby tenants including Morrisons Daily, Ladbrokes and Costa.
Tenancy
Please see the Tenancy Schedule and Legal Pack for more information.
76/78 High Street, Burnham, SL1 7JT
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Burnham Station0.9 miles
- Taplow Station1.2 miles
- Maidenhead Station3.0 miles
Notes
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Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Savills Auctions, London on 020 3909 6715.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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