Offers in region of
£550,000
(£1,100.00/sq. ft)
Retail premises for sale1 & 2 Clieve Cottages, High Street, Cookham SL6
500 sq. ft
EPC Rating: C
Just added
Freehold
About this property
Mixed use investment
Prominent Location in character High Street
Double fronted retail space
Separate flat with private garden
Planning permission for a two storey rear extension
Description
1-2 Clieve Cottages is a Grade II Listed building containing ground floor double fronted lock up retail unit with separate residential flat over. Located in Cookham High Street close to the River Thames. The High Street has a mixture of residential, retail, and restaurant properties and is very popular with tourists and locals alike. There is a rear yard providing additional seating for the Tea Shop and a secluded long rear garden for the flat.
The ground floor shop is let as a Tea Shop on a 5 year lease from June 2023, expiring in June 2028. The current passing rent is £17,000 which increases by £500 each year. The lease is excluded from the Security Provisions of the Landlord & Tenant Act.
The separate flat has two bedrooms, bathroom, lounge and kitchen which is accessed from the rear, the income on the flat is £1,350 per month.
The property has planning permission under reference 23/01692 and listed building consent under reference 23/02178 for a two storey rear extension to the ground floor cafe and flat above, received on 13th July 2023.
Location
Cookham is a historic Thames-side village and civil parish on the north-eastern edge of Berkshire, England, 2.9 miles north-north-east of Maidenhead and opposite the village of Bourne End.
Terms
The investment is available for sale on a freehold basis.
1-2 Clieve Cottages is a Grade II Listed building containing ground floor double fronted lock up retail unit with separate residential flat over. Located in Cookham High Street close to the River Thames. The High Street has a mixture of residential, retail, and restaurant properties and is very popular with tourists and locals alike. There is a rear yard providing additional seating for the Tea Shop and a secluded long rear garden for the flat.
The ground floor shop is let as a Tea Shop on a 5 year lease from June 2023, expiring in June 2028. The current passing rent is £17,000 which increases by £500 each year. The lease is excluded from the Security Provisions of the Landlord & Tenant Act.
The separate flat has two bedrooms, bathroom, lounge and kitchen which is accessed from the rear, the income on the flat is £1,350 per month.
The property has planning permission under reference 23/01692 and listed building consent under reference 23/02178 for a two storey rear extension to the ground floor cafe and flat above, received on 13th July 2023.
Location
Cookham is a historic Thames-side village and civil parish on the north-eastern edge of Berkshire, England, 2.9 miles north-north-east of Maidenhead and opposite the village of Bourne End.
Terms
The investment is available for sale on a freehold basis.
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Monthly repayment
£2,751 per month
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