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140 Peascod St, Windsor

under offer

Windsor & Maidenhead Shop for sale

£1,100,000 1,940 sq ft

Prideview Group
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140 Peascod St, Windsor

£1,100,000 1,940 sq ft

3D tour image 1: Matterport 3D Scan for 140 Peascod St - 2nd Floor
Take a 3D tour: 2nd Floor
3D tour image 2: Matterport 3D Scan for 140 Peascod St - Ground Floor
Take a 3D tour: Ground Floor
Status
Under offer
Highlights
  • Prime investment opportunity
  • Unmissable freehold retail investment in the historic town of Windsor along the city's prime retail thoroughfare.
  • This building is fully tenanted with 12.7 years left on the lease, producing a rent of £70,000 per annum and a gross yield of 6.4%.
  • Superb footfall within the area, just 100m from Windsor Castle and close to Windsor Royal Shopping Centre.
  • Sitauted within one of the UK’s leading tourist destinations whereby 7.6 million tourism day trips were made to Windsor an Maidenhead in 2017.
  • Nearby occupiers include Starbucks, M&S, Wagamama, Boots, Gap and River Island, among numerous other multiples.
Property type

Shop for sale

Full address
140 Peascod St, Windsor SL4 1DS – Windsor
Asking price
£1,100,000
Available space range
There is 1 space available. This measures 1,940 sq ft.
Features
24 hour access, Security system, Storage space
Brochure
Download the brochure

Property links

Sale details

Sale unit Available

1,940 sq ft, £567.01 per sq ft

Unit Sale unit
Address 140 Peascod St, Windsor, Berkshire, SL4 1DS, GB
Size 1,940 sq ft
Price £1,100,000
Price per unit £567.01 per sq ft
  • The available space comprises of a ground floor shop area of 705 sf with 260 sf ancillary accommodation at basement level, storage on the first and second floors measuring 555 sf and 439 sf respectively, and a disused attic measuring 218 sf.
  • This building is currently fully tenanted with 12.7 years left on the lease, generating a rent of £70,000 per annum.
  • Reflecting a net initial yield of 6.0%, assuming purchasers’ costs of 5.55%.
Sale type Investment
Tenure Freehold
More building details Less building details

Property facts for 140 Peascod St, Windsor

140 Peascod Street comprises a Grade II Listed building arranged over ground, basement and two upper floors. This building is situated in the historic town of Windsor, located within the Royal Borough of Windsor and Maidenhead, 24 miles west of Central London, 20 miles east of Reading and 6 miles south east of Maidenhead. Internally, the retail area has been fitted out to a high standard by the tenant. There is also ancillary accommodation at basement level and storage on the first and second floors, and a disused attic. Windsor has a primary catchment population of 91,000 which is considered one of the most affluent within the UK. This is reflected in its per capital retail spending levels which are significantly above the UK average and population categorised within the most affluent AB social group. The Royal Borough is also one of the UK’s leading tourist destinations with sites including Windsor Castle, Windsor Great Park, Legoland and the nearby Ascot Racecourse as well as being home to Eton College. It is estimated that around 7.6 million tourism day trips were made to Windsor and Maidenhead in 2017. In total, approximately £441.8 million was spent on trips to Windsor and Maidenhead in 2017 and approximately £420.1 million directly benefited local businesses from hotels and restaurants to cafes, shops and attractions.

Building subtype
Storefront retail office
Number of storeys
4
Rentable building area
1,940 sq ft
Year built
1900
Parking
Covered, Surface, Covered tandem, Reserved, Surface tandem

Attachments

PDF #1 Marketing brochure/flyer Download

This shop for sale is located in Windsor.

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Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to Prideview Group. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Prideview Group for full details and further information. 8153756