Property for sale
Property description & features
- Tenure: Freehold
- Freehold investment opportunity
- 10 fully let high spec. apartments
- Prominent corner plot in Maidenhead town centre
- Ground floor offices producing £35,000.00 pa
- SPV purchase option
- Gross rental income: £165,200.00 pa
- Gross initial yield: 5.51%
The residential apartments benefit from a self-contained entrance at the front of the property. All the flats are constructed to a high internal specification and are fully furnished. Amenities include underfloor heating and a video entry system.
The property occupies a prominent position in Maidenhead Town Centre at the junction of Broadway and Queen Street, and adjacent to the Nicholson Centre shopping precinct. On the opposite side of Broadway is The Landing, a £250 Million development, comprising 429 homes, offices, shopping & leisure facilities and a
new public square that is due to complete by the end of 2023. Maidenhead Station is a five minute walk away and provides a regular and
direct service to London Paddington in under 40 minutes via the Elizabeth Line (Crossrail).
Further internal photos, floorplans, schedules, planning consent documents, EPC certificates and tenant covenants are available on request.
The property is available through an SPV purchase, allowing for significant Stamp Duty Land Tax savings.
Please note that each party is to bear their own professional and legal costs. We are advised that VAT will not be chargeable on the purchase price.
Council tax band: B
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Broadband availability and predicted speed
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Super-fast: Between 30 Mbit/s and 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on January 6, 2022
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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