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Market St - Exchange House

2,253 SF Retail Condo Unit Offered at $1,114,121 CAD in Maidenhead SL6 8AA

Investment Highlights

  • Tenanted retail investment
  • Full width frontage for both units
  • Situated in affluent and vibrant commuter town

Executive Summary

Maidenhead is an affluent and vibrant commuter town benefitting from the new Elizabeth Line (Crossrail) and excellent road links via the M4, A404 and M40. The opportunity is situated between the High Street and West Street, with close proximity to Boots, HSBC, British Heart Foundation and Sainsbury’s. Maidenhead train station is approximately a 5-minute walk from the property. The location is a popular pedestrian cut through root to and from the High Street.

Attachments

Brochure

Property Facts

Price $1,114,121 CAD
Unit Size 2,253 SF
No. Units 1
Total Building Size 12,413 SF
Property Type Retail (Condo)
Property Subtype Storefront Retail/Residential
Sale Type Investment
Building Class B
Floors 3
Typical Floor Size 7,600 SF
Year Built 1983
Parking Ratio 0.08/1,000 SF

1 Unit Available

Unit 17 & 17a

Unit Size 2,253 SF
Price $1,114,121 CAD
Price Per SF $494.51 CAD
Condo Use Retail
Sale Type Investment
Tenure Long Leasehold
Description

Both units benefit from having a full width frontage and open plan shop floor, with WC facilities to the rear. They further benefit from rear loading and one car parking space per unit to the rear.

The units are currently let to independent tenants, with a total annual income of £53,000 per annum excusive.

17 has recently been let to a Martial Arts centre, for a term of 10 years, with a tenant only break at the 3rd and 7th anniversaries of the lease.

17a has recently been let to a grocery store, for a term of 10 years, with a tenant break in 2029.

Sale Notes

Tenanted Retail Investment

Offers sought for the virtual freehold, which commenced 31st Jan 2013 for a term of 999 years, for the retail units in isolation at a guide price of £615,000.

The investment is to be sold with the benefit of the commercial tenants in situ, with copies of their leases available upon request.

Amenities

  • Security System
  • Accent Lighting
  • Air Conditioning

Nearby Major Retailers

Sainsbury's
Prezzo
Barclays
Costa Coffee
eurochange
Caffé Nero
Iceland
Lloyds Bank
HSBC
Santander
  • Listing ID: 33930473

  • Date on Market: 2024-11-20

  • Last Updated:

  • Address: Market St, Maidenhead SL6 8AA

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