The property is located in a prime position on maidenhead High Street adjacent to Lloyds banks and directly opposite Marks and Spencers and Boots the Chemists.
Maidenhead is in th process of undergoing major developments to large parts of the town and with the added advantage of Crossrail coming to the town in 2108, the town will grow from strength to strength. The shop is part of the pedestrianised section of the High Street and is within a few yards of the entrance to Nicholsons Shopping Centre.
The accommodation comprises a lock up retail unit with an attractive return frontage in a prime location in the High Street. The unit comprises a large ground floor sales area with excellent window frontage and basement storage or office. WC’s.
Ground Floor Sales 1,813 SQ FT (168.41 SQ M)
Basement 617 SQ FT ( 57.31 SQ M)
TOTAL 2,430 SQ FT (226 SQ M)
The property is currently held on a full repairing and insuring lease dated 28th February 2016 for a period expirying on 28th February 2027. The rent will increase in years 4 and 5 to £55,000.00 per annum exclusive. In addition there is a rent review on 1st March 2021
Passing rent £52,500 per annum exclusive
We are verbally advised by RBWM tat the rateable value 2018/19 is £41,250.00. Please make your own enquiries.
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
Mark Potter – M 07970 783 107
E – firstname.lastname@example.org