Windsor, Berkshire, SL4 1DS
|Size||2,177 sq ft|
|Price||Offers in excess of £1,100,000 plus VAT|
|Business Rates||Grade Listed. The property is exempt if void.|
|Energy Performance Rating||This property has been set as EPC exempt.
Reason: Listed building
The property is located on Peascod Street, with Windsor's highest footfall. Windsor is situated on the Waterloo and Paddington train lines close to Heathrow and London.
The town is one of the UK’s most popular tourist destinations. It is estimated around 7.6 million tourism day trips were made to Windsor in 2017. In total, approximately £441.8 million was spent on trips to Windsor and Maidenhead in 2017. Approximately £420.1 million directly benefited local businesses (Source: www.windsor.gov.uk).
The property is let to Hoofs & Hides Genuine Leather UK Limited (t/a Hoofs & Hides) for a term of 15 years from 25th March 2018, expiring on 24th March 2033. The lease is subject to a Schedule of Condition. The current passing rent is £70,000 per annum. The lease benefits from 5 yearly upward only rent reviews.
The property comprises a retail unit arranged over ground, basement and two upper floors. The upper floors provide ancillary accommodation. The following floor areas are for guidance only. Net Frontage 4.93m16’2” Gross Frontage5.26m17’3” Zone A26.29 sq m283 sq ft Zone B29.91 sq m322 sq ft Zone C9.29 sq m100 sq ft ITZA 469 Ground Floor Total65.49 sq m705 sq ft Basement24.15 sq m260 sq ft First Floor51.56 sq m555 sq ft Second Floor40.78 sq m439 sq ft Attic 20.25 sq m 218 sq ft Total202.24 sq m2,177 sq ft approximate area for guidance only.
The freehold is available to purchase at £1.1 million (plus VAT).
The property is Grade Listed, therefore an EPC is not required.