Full Details
Location -
The premises are located in a prime position in Maidenhead High Street, a short distance from Nicholson's Shopping Centre and approximately half a mile from Maidenhead Train Station and Crossrail line. This area of High Street is pedestrianised and nearby occupiers include Costa, Tesco Express and Marks & Spencer Simply Food.
Description -
The premises comprises a retail unit, which is belived to have been constructed in the 1960's and is currently occupied by Savers Health & Beauty. The ground floor has been fitted to a high standard throughout. The first floor provides ancillary accommodation, including staff room and WC's. A parking area exists at the rear of the property for up to two vehicles. This is accessed via West Street and a small walkway exists to the side of the property linking West Street to the High Street.
The property is let to Savers Health & Beauty Limited for a term of 10 years from 8th February 2021. The rent is currently £50,000 per annum and there is a tenant only break option on 8th February 2026 operable with a minimum of six months' prior written notice. There is an upwards only rent review on 8th February 2026.
Accommodation -
The premises provide the following accommodation measured on an approximate net internal area basis:
Ground Floor 2,596 sq ft / 241.18 sq m
First Floor 358 sq ft / 33.26 sq m
Total 2,954 sq ft / 274.44 sq m
Car Parking -
Up to 2 spaces
Terms -
£1,150,000 for the freehold interest.
Rateable Value -
The Valuation Office indicates a Rateable Value as of 1st April 2023 of £38,750.
Energy Performance Rating -
The EPC rating for this property is E - 117
Viewing -
By appointment with the Sole Agents Duncan Bailey Kennedy:-
Phillip Mawby / Tom Good
phillipm@dbk.co.uk / tomg@dbk.co.uk
Telephone: 01494 450951