Characterful modernised commercial and residential premises with further potential

Key Points

• Well let popular mixed use premises.
• Centrally situated in the High Street.
• Further potential.

Description

The premises comprise well proportioned retail space in a charming shop used for the past few decades in the restoration and sale of antiques an more recently for interiors sales and for the past few years as a specialist collectables bookshop. The shop has a frontage of approximately 22 feet and the front area a depth of approximately 20 feet, increasing on one side to just over 26 feet, which overlooks an internal courtyard. Separately accessed is a two bedroom maisonette, fully modernised in 2021, with characterful rooms nicely finished, with a central staircase. In addition, a former workshop in need of refurbishment presents an excellent opportunity for owner occupation as studio premises or as an upgrade for further letting.

Available area

The accommodation comprises the following areas:

Location

In the centre of Eton High Street next to Tastes Deli, amongst antique, books and coffee shops and a few hundred yards from Windsor & Eton Bridge. The property presents a prominent frontage with together with a characterful side entrance to the maisonette with a gate entrance to a small patio area leading to the front door.

Terms

Available for sale as a property investment with part vacant possession, subject to contract and financial status.

Current Lease Outline - Retail and Residential

The shop is let to Mainly Books Ltd as Retail falling within Class E, for a term of 10 years at a rent of £20,000 per annum excusive with a 5th anniversary rent review / 5th anniversary tenant break. The tenant is to maintain the shop in good and substantial repair.

The maisonette is let on an Assured Shorthold Tenancy allowing for fair wear and tear at a rent of £1,275 pcm (£15,300 per annum).