Rarely available Windsor town centre retail investment for sale (with development potential) in a prime tourist spot, beneath The Castle

 

Summary

  • Three contiguous shops
  • Opposite the River Street pay and display car park / Jubilee Gardens
  • Possible reversionary rental value

Accommodation

The accommodation comprises the following areas:

Namesq ftsq m
Ground - Shop 1 River Street 302 28.06
Ground - Shop 2 River Street 300 27.87
Ground - Shop 3 River Street 220 20.44
Total82276.37
Nos 1, 2 And 3, River Street - e2d2453f41664d1ba1372af069b686b9.JPG

Location

In the popular River Street, between Thai Square and The Real Greek, near the Thameside Windsor Promenade, around the corner from The Theatre Royal and Thames Street multiple retailers, which include Zizzi, Prezzo, Nandos, Pizza Express and WH Smith.

Get directions from Google Maps

Further Information

Price Offers from £750,000 subject to contract and financial status

Rates Payable 1 and 2 River Street RV at £12,750 and No 3 at RV £8,100

EPC Rating This property has been set as EPC exempt.
Reason: EPC has been commissioned, will be available in less than 28 days


Description

In a contiguous row, three prime tourist pitch units trading as a barbers, ice cream shop and gift shop / tobacconist. Ground floor only, surrounded by four storey buildings and the 5 storey Theatre Royal.

Terms

Let to three tenants, one per shop.

Shop 1 at £16,000 p.a.x. lease expiry 31st December 2030 with a rent review 21st December 2025.
Shop 2 at £15,000 p.a.x. lease expiry 31st December 2030 with a rent review 25th March 2027.
Shop 3 at £14,000 p.a.x. lease expiry 31st December 2030 with a rent review 25th March 2027.

Current total rental income £45,000 p.a.x.

Freehold offers are invited, subject to contract and financial status reflecting a gross yield, at 6%

Title Plan

Please see the Title Plan, on the next page, for guidance.