76 High Street, Burnham, Slough

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.