£699,000
(£408.77/sq. ft)
Retail premises for sale244 Dedworth Road, Windsor SL4
1,710 sq. ft
Just added
Freehold
About this property
Excellent Dedworth catchment
Substantial premises with additional management potential
Long term commercial rental income
Description
The property comprises a takeaway shop, Big Joe's Fish & Chips, with rear access, plus a self-contained 3 bedroom maisonette. The ground floor is entirely let at £25,000 p.a.x. With a lease from 2019 for 20 years and 5 yearly rent reviews. The first floor and second floor maisonette is entirely let at £20,400 per annum on an AST. Subject to obtaining planning consent the upper floors might be capable of dividing into two apartments. The property also has excellent potential to the rear, for further addition.
Location
Windsor is an affluent town with a significant volume of tourists visiting the castle every year. The town has excellent road communications being located some 2 miles from Junction 6 of the M4 which provides links to the M25 & M3 motorways.Windsor & Eton Riverside and Windsor & Eton Central rail stations provide regular services to London Waterloo (1hr) and London Paddington (29 mins)
The property is situated in an established parade on the north side of Dedworth Road, at its junction with Smiths Lane and Wolf Lane, in a predominantly residential area which provides an excellent catchment. Occupiers close by include William Hill, Horler Estate Agent, Continental Dry Cleaners - also a Tesco Supermarket and Aldi store close by.
Terms
Unconditional offers are invited with a price guide of £699,000 subject to contract and financial status .
With long term income from the commercial element this provides a return of approximately 6.45% gross, with the added potential of converting the upper floors into two apartments, subject to planning consent.
The property comprises a takeaway shop, Big Joe's Fish & Chips, with rear access, plus a self-contained 3 bedroom maisonette. The ground floor is entirely let at £25,000 p.a.x. With a lease from 2019 for 20 years and 5 yearly rent reviews. The first floor and second floor maisonette is entirely let at £20,400 per annum on an AST. Subject to obtaining planning consent the upper floors might be capable of dividing into two apartments. The property also has excellent potential to the rear, for further addition.
Location
Windsor is an affluent town with a significant volume of tourists visiting the castle every year. The town has excellent road communications being located some 2 miles from Junction 6 of the M4 which provides links to the M25 & M3 motorways.Windsor & Eton Riverside and Windsor & Eton Central rail stations provide regular services to London Waterloo (1hr) and London Paddington (29 mins)
The property is situated in an established parade on the north side of Dedworth Road, at its junction with Smiths Lane and Wolf Lane, in a predominantly residential area which provides an excellent catchment. Occupiers close by include William Hill, Horler Estate Agent, Continental Dry Cleaners - also a Tesco Supermarket and Aldi store close by.
Terms
Unconditional offers are invited with a price guide of £699,000 subject to contract and financial status .
With long term income from the commercial element this provides a return of approximately 6.45% gross, with the added potential of converting the upper floors into two apartments, subject to planning consent.
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Monthly repayment
£3,496 per month
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