140 Peascod Street Windsor Berkshire SL4 1DS

140 Peascod Street
Windsor
Berkshire
SL4 1DS

Freehold Retail Investment (with vacant offices above)

Part let to tenant trading as Moda in Pelle
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
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Squafre
London W1H 7BG

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Freehold Retail Investment (with vacant offices above)

Part let to tenant trading as Moda in Pelle
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

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

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.