Self-contained offices above with potential to convert to residential (subject to consents)
Nearby occupiers include Marks & Spencer, Starbucks, Gap, Boots the Chemist, L’Occitane, White Stuff, Molton Brown, River Island and Superdry.
Close to Windsor Royal and King Edward Court Shopping Centres
Approximately 100 metres from Windsor Castle
Popular and Historic Tourist Town
For the Seller's Legal Pack, please click the Property Documents tab below
Lot 6
Auction 13th October 2016
Rent £53,000 per Annum Exclusive
Status Sold
Price £920,000
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Squafre London W1H 7BG
Property Information
Location
Miles
16 miles north-west of Henley, 20 miles of south-west of Reading, 25 miles west of Central London
Roads
A308, A332, M4 (Junction 6), M25 (Junction 15)
Rail
Windsor and Eton Riverside Railway Station
Air
London Heathrow Airport
Situation
The property is situated on northern side of the pedestrianised Peascod Street, Windsor's prime retailing thoroughfare in the heart of Windsor town centre and approximately 100 metres from Windsor Castle. Nearby occupiers include Marks & Spencer, Starbucks, Wagamama, Boots the Chemist, L'Occitane, White Stuff, Gap, River Island and Superdry. The property benefits from close proximity to Windsor Royal Shopping Centre that houses occupiers including Gourmet Burger Kitchen, Café Rouge, Aquascutum, Links of London and Jo Malone. King Edward Court is also a short walk away, housing retailers including Next, New Look, Topman, H & M and Fat Face.
Tenure
Freehold.
Location
Miles
16 miles north-west of Henley, 20 miles of south-west of Reading, 25 miles west of Central London
Roads
A308, A332, M4 (Junction 6), M25 (Junction 15)
Rail
Windsor and Eton Riverside Railway Station
Air
London Heathrow Airport
Situation
The property is situated on northern side of the pedestrianised Peascod Street, Windsor's prime retailing thoroughfare in the heart of Windsor town centre and approximately 100 metres from Windsor Castle. Nearby occupiers include Marks & Spencer, Starbucks, Wagamama, Boots the Chemist, L'Occitane, White Stuff, Gap, River Island and Superdry. The property benefits from close proximity to Windsor Royal Shopping Centre that houses occupiers including Gourmet Burger Kitchen, Café Rouge, Aquascutum, Links of London and Jo Malone. King Edward Court is also a short walk away, housing retailers including Next, New Look, Topman, H & M and Fat Face.
Tenure
Freehold.
Description
The property, a Grade II listed building, comprises a ground floor shop with ancillary accommodation at basement level and separately accessed office accommodation on the first and second floors, accessed from Peascod Street.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property, a Grade II listed building, comprises a ground floor shop with ancillary accommodation at basement level and separately accessed office accommodation on the first and second floors, accessed from Peascod Street.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Rent p.a.x
Term
Reversion
Ground Basement
Retail/Ancillary Ancillary
71.16 sq m 20.90 sq m
(766 sq ft) (225 sq ft)
MIP (FAITH) SOUTHAMPTON LIMITED t/a Moda in Pelle (1)
£53,000
5 years from 25/10/2012 on a full repairing and insuring lease (2)
24/10/2017
First Second Attic
Offices Offices Disused
50.26 sq m 20.90 sq m
(541 sq ft) (225 sq ft) (-)
VACANT POSSESSION
-
-
Totals
163.23 sq m
(1,757 sq ft)
£53,000
(1) Moda in Pelle was founded in 1975 and sell women's shoes and accessories. They currently operate out of almost 60 stores nationwide from locations including Brixton, Holloway, Marlow, Amersham, Winchester, Oxford, Bath and Brighton (Source: www.modainpella.com 10/08/2016) (2) The lease is subject to a Schedule of Condition.
