121-123 High Street

Slough, SL1 1DH

562 to 6,466 sq ft

121-123 HIGH STREET SL1 1DH

PRIME HIGH STREET INVESTMENT LET TO LLOYDS PLC

FREEHOLD FOR SALE

Summary

Prime High Street Retail Investment
Great Transport Links
Close Proximity to Queensmere Shopping Centre
Development Opportunity
Let to Lloyds Bank Plc

Accommodation

The accommodation comprises the following areas:

Name	Floor/Unit	Size	sq ft	sq m
Ground	Ground	2,897 sq ft	2,897	269.14
1st	1st	1,742 sq ft	1,742	161.84
2nd	2nd	562 sq ft	562	52.21
Basement	Basement	1,265 sq ft	1,265	117.52
Total			6,466	600.71

Location

Slough is a major commercial centre within the Thames Valley located approximately 38 km (24 miles) west of London and 16 km (10 miles) west of Heathrow Airport. Communication links are excellent with Junction 5 of the M4 motorway within a mile of the town centre which, in turn, connects with the M25, 3 miles to the east. There are frequent rail services to London (Paddington) with an average journey time of 27 minutes. The new Elizabeth Line is only a short walk away providing 4 new higher capacity trains running an hour in each direction between Slough and London.

Get directions from Google Maps

Mainline Stations

Slough

4 mins
Windsor and Eton Riverside

33 mins
Datchet

37 mins
Windsor and Eton Central

37 mins

Underground Station

Slough

4 mins
Langley

44 mins
Burnham

47 mins
Iver

73 mins

Further Information

Price £1,300,000

Rates Payable Upon Enquiry

Service Charge n/a

Description

The property comprises of a mid-terrace three- Storey building originally constructed circa 1930’s.
The property was originally used as a cinema as noted by the art deco cladding on the front elevation. The entire property is occupied by Lloyds Bank PLC. The property is arranged over basement, ground and ancillary offices on the first and second floors.

Tenancy

The entire property is Let to Lloyds Bank Plc on a FR&I Lease for a term of 5 years from 23/12/2020 without rent review expiring 23/12/2025 at the current passing rental of £70,000 per annum. Lloyds Bank have formally applied to take a new Lease for a further 3 years from expiring of the current Lease. Rent and Terms are to be agreed.

Viewings

Strictly by appointment through owner’s SOLE agents as above.

IDENTIFICATION:

In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser.