Windsor, SL4 1QT
Property Type | Investment |
Tenure | For Sale |
Size | 220 to 822 sq ft |
Business Rates | 1 and 2 River Street RV at £12,750 and No 3 at RV £8,100 |
Energy Performance Rating | This property has been set as EPC exempt. Reason: EPC has been commissioned, will be available in less than 28 days |
In a contiguous row, three prime tourist pitch units trading as a barbers, ice cream shop and gift shop / tobacconist. Ground floor only, surrounded by four storey buildings and the 5 storey Theatre Royal.
The accommodation comprises the following areas:
Name | sq ft | sq m |
---|---|---|
Ground - Shop 1 River Street | 302 | 28.06 |
Ground - Shop 2 River Street | 300 | 27.87 |
Ground - Shop 3 River Street | 220 | 20.44 |
Total | 822 | 76.37 |
In the popular River Street, between Thai Square and The Real Greek, near the Thameside Windsor Promenade, around the corner from The Theatre Royal and Thames Street multiple retailers, which include Zizzi, Prezzo, Nandos, Pizza Express and WH Smith.
Let to three tenants, one per shop.
Shop 1 at £16,000 p.a.x. lease expiry 31st December 2030 with a rent review 21st December 2025.
Shop 2 at £15,000 p.a.x. lease expiry 31st December 2030 with a rent review 25th March 2027.
Shop 3 at £14,000 p.a.x. lease expiry 31st December 2030 with a rent review 25th March 2027.
Current total rental income £45,000 p.a.x.
Freehold offers are invited, subject to contract and financial status reflecting a gross yield, at 6%
Please see the Title Plan, on the next page, for guidance.