Eton, SL4 6AF
Property Type | Investment |
Tenure | For Sale |
Size | 1,450 sq ft |
Price | Offers in the region of £650,000 - rental income £35,300 plus further ground floor commercial space unoccupied. |
Business Rates | Upon Enquiry |
Energy Performance Rating | This property has been set as EPC exempt. Reason: EPC has been commissioned, will be available in less than 28 days |
The premises comprises well proportioned retail space, a charming shop used during the past few decades in restoration and sale of antiques, 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, overlooking an internal courtyard. A two bedroom maisonette is separately accessed, fully modernised in 2019, with characterful rooms nicely finished, with a central staircase. A new boiler was installed in 2024. In addition to this, a former vacant workshop in need of refurbishment presents an excellent opportunity for owner occupation as studio premises or as an upgrade for further letting.
The accommodation comprises the following approximate areas:
Name | sq ft | sq m | Availability |
---|---|---|---|
Ground - Shop and ancillary | 550 | 51.10 | Occupied |
Ground - Unused store | 300 | 27.87 | Available |
Unit - 2 Bedroom Residential Maisonette | 600 | 55.74 | Occupied |
Total | 1,450 | 134.71 |
The property is 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. With a prominent frontage together with a characterful side entrance to the maisonette with a small patio area, the premises provide a prime and convenient position.
Available for sale as a property investment with part vacant possession, subject to contract and financial status.
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).
The commercial element has a current E Grade, the residential a D with potential for C.