Two retail units prominently located on Slough High Street
Within walking distance of Slough Rail Station and The Queensmere Shopping Centre
Nearby occupiers include Nando’s, Betfred and British Heart Foundation
For the Seller's Legal Pack, please click the Property Documents tab below
Lot 83
Auction 13th October 2016
Rent £50,000 per Annum Exclusive
Status Sold
Price £980,000
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Squafre London W1H 7BG
On Behalf of a Major Fund Manager
Property Information
Location
Miles
20 miles west of Central London, 17 miles east of Reading, 4 miles north of Windsor
Roads
A4, A412, M4 (Junction 6)
Rail
Slough Rail Station (approx. 35 mins to London Paddington)
Air
London Heathrow Airport, London Luton Airport, London City Airport
Situation
The property is prominently situated on southern side of High Street, a short walk from the Queensmere Observatory Shopping Centre which houses over 100 retailers including Primark, Argos and Debenhams. Other nearby occupiers include Nando's, Betfred and Oxfam.
Tenure
Freehold.
Location
Miles
20 miles west of Central London, 17 miles east of Reading, 4 miles north of Windsor
Roads
A4, A412, M4 (Junction 6)
Rail
Slough Rail Station (approx. 35 mins to London Paddington)
Air
London Heathrow Airport, London Luton Airport, London City Airport
Situation
The property is prominently situated on southern side of High Street, a short walk from the Queensmere Observatory Shopping Centre which houses over 100 retailers including Primark, Argos and Debenhams. Other nearby occupiers include Nando's, Betfred and Oxfam.
Tenure
Freehold.
Description
The property comprises two ground floor retail units with ancillary accommodation at first floor.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises two ground floor retail units with ancillary accommodation at first floor.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Unit
Floor
Use
Floor Areas (Approx)
Term
Tenant
Rent p.a.x
Review/(Reversion)
288
Ground First
Retail Ancillary
89.64 sq m 46.45 sq m
(965 sq ft) (500 sq ft)
10 years from 18/12/2009
OAKAM LIMITED t/a Oakam Financial Services
£25,000
(17/12/2019)
290
Ground First
Retail/ Restaurant Ancillary
94.57 sq m
42.45 sq m
(1,018 sq ft) (457 sq ft)
20 years from 28/03/2012 (2)
ARKAY SOLUTIONS LIMITED (1) t/a Peri Peri Original Takeaway
£25,000
28/03/2017 and five yearly (27/03/2032)
Totals
273.13 sq m
(2,940 sq ft)
£50,000
(1) Founded in 2006, Oakam provides financial services and currently operating from 22 stores across London and the Midlands. (Source: www.oakam.com 12/09/2016) (2) The lease provides an option to determine on 28/03/2017.
