Located halfway down St Leonards Road opposite East Berkshire College. St Leonards Road is a good secondary retail location and is a five minute walk to prime Peascod Street which is the main shopping street in Windsor.
Windsor offers two mainline railway stations offering services to London Paddington (via Slough) and Waterloo direct.
The M4 motorway (junction 6) is a five minute drive.
Retail & Retail Warehouse Investment plus 8 garages for sale.
Located on the busy secondary area of St Leonards Road close to Windsor Town Centre opposite East Berkshire College.
Windsor’s population approx. 35,000
Windsor boasts two mainline railway stations serving Paddington and Waterloo.
Approx 13,821 sq ft of buildings including 2 retail shops and 8 garage/stores
Current Income Â£124,250 p.a. exclusive (vacant shop under offer/Cycle shop lease renewal tbc)
Freehold Investment with benefit of 6 tenants (1 x pending)
Capital value of approx. Â£160 p sq ft
Ground floor shop 59a St Leonards Rd (Picture Framing) 718
First & Second floor offices 59 St Leonards – (Windsor Radio Cars) 1,690
Ground floor shop 59 St Leonards Rd (under offer) 587
Ground floor rear retail warehouse (MKO Cycles) 2,917
Ground floor rear (RHS) retail warehouse (C&G Furniture) 2,069
Ground & First (RHS) showroom (Urban Suite) 3,100
First Floor (LHS) showroom (Urban Suite) 2,740
8 No garages
Offers in excess Â£2.2m for the freehold interest subject to the existing leases.
Offering an approximate Yield of 5.31% (after deducting purchasers costs of 6.8%)
Total Rental Income (two subject to completion) Â£124,250 p.a. exclusive
VAT not applicable
Via Royal Borough of Windsor & Maidenhead
Each party to bear its own legal fees in this transaction.
Unless otherwise stated all rents and prices referred to or quoted in connection with this property do not include VAT which may be chargeable.
Strictly by prior appointment via the Sole Agents Campsie