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23 Queen Street, Maidenhead, Berkshire, SL6 1NB

Guide Price
£5,000

Business rates & charges may apply

Savills, Savills Auctions- Commercial
SIZE

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SECTOR

Commercial property for sale

Key features

  • Freehold Ground Rent Investment
  • Retail Unit and Four Flats
  • Retail Unit Let on 999 Year Lease - Peppercorn Rent
  • Flats Let on 125 Year Leases (approx. 119 Years Unexpired)
  • Fixed rental Uplifts Every 25 Years
  • VAT-Free Investment
  • Investment Let at £1,000 p.a. (20% GIY on Guide Price)

Description

The property comprises a freehold, mixed-use, ground rent investment located in the heart of Maidenhead.

Arranged as a ground floor retail unit with four flats, all individual units are sold off on a long leasehold basis as per the below summary:

Retail - 999 Year Lease at pepppercorn rent
Flat 1 - 125 years from 24.06.2018 at £250 per annum
Flat 2 - 125 years from 24.06.2018 at £250 per annum
Flat 3 - 125 years from 26.06.2019 at £250 per annum
Flat 4 - 125 years from 24.06.2018 at £250 per annum
Flats 1, 2 & 4 include a fixed rental uplift to £500 per annum in 2043 with further increases every 25 years thereafter.

Please see the Legal Pack for more information.

23 Queen Street, Maidenhead, Berkshire, SL6 1NB

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Maidenhead Station0.3 miles
  • Furze Platt Station0.8 miles
  • Taplow Station1.7 miles

About Savills, Savills Auctions- Commercial

33 Margaret Street, London, W1G 0JD

Notes

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Disclaimer - Property reference E41000C0-402A-4A2A-9F1A-0AF8E9F260DE. 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 Savills, Savills Auctions- 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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