Prominent corner location in prosperous Surrey town
Shop Rent: £52,000 p.a.x. Price: £600,000
3,150 Sq Ft
Location:
St Jude’s Road is the main shopping street in Englefield Green and is a short distance from the A30 and Royal Holloway College. Egham – 2 miles. Windsor – 6 miles.
Description:
A substantial three storey building with retail use on ground and lower ground floors. The top floor has been sold on a long lease.
Approximate floor areas:-
Lower Ground floor:
Retail/Stores 1,700 sq ft
Ground Floor:
Shop 1,450 sq ft
Lease:
The property is held on two co-terminus leases that expire in October 2017.
Lower Ground Floor: Rent £20,000 p.a.x.
Rent Review: July 2013
Ground Floor: Rent £32,000 p.a.x.
Rent Review October 2012
The leases provide for upward only open market reviews. There is Tenant’s break option in both leases exercisable upon giving 12 months notice at any time and subject to a 12 month rental penalty.
Tenants:
Armadillo Furniture Ltd (Co. Reg. No. 06355754)
Price:
£600,000, subject to contract.
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