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COMMERCIAL

Broadway House , Queen Street, Maidenhead, Berkshire

Guide Price
£2,800,000
Keller Williams Oxygen, Maidenhead
PROPERTY TYPE

Commercial Property

BEDROOMS

10

SIZE

Ask agent

Key features

  • Freehold investment opportunity
  • 10 fully let high spec. apartments
  • Prominent corner plot in Maidenhead town centre
  • Ground floor offices producing £35,000.00 pa
  • SPV purchase option
  • Gross rental income: £165,200.00 pa
  • Gross initial yield: 5.51%

Description

Broadway House was comprehensively renovated in 2020/21 to provide a detached building with ten flats on the upper floors and an attractive office/showroom (Class E) on the ground floor with a 60 foot frontage to Queen Street. All ten flats are fully let and the ground floor offices are currently leased to Coopers Estate Agents (See attached schedule of rental income and tenancy terms in particulars.)
The residential apartments benefit from a self-contained entrance at the front of the property. All the flats are constructed to a high internal specification and are fully furnished. Amenities include underfloor heating and a video entry system.

The property occupies a prominent position in Maidenhead Town Centre at the junction of Broadway and Queen Street, and adjacent to the Nicholson Centre shopping precinct. On the opposite side of Broadway is The Landing, a £250 Million development, comprising 429 homes, offices, shopping & leisure facilities and a
new public square that is due to complete by the end of 2023. Maidenhead Station is a five minute walk away and provides a regular and
direct service to London Paddington in under 40 minutes via the Elizabeth Line (Crossrail).

Further internal photos, floorplans, schedules, planning consent documents, EPC certificates and tenant covenants are available on request.

The property is available through an SPV purchase, allowing for significant Stamp Duty Land Tax savings.

Please note that each party is to bear their own professional and legal costs. We are advised that VAT will not be chargeable on the purchase price.
Council tax band: B

Brochures

Brochure - version 1

Broadway House , Queen Street, Maidenhead, Berkshire

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Maidenhead Station0.2 miles
  • Furze Platt Station0.9 miles
  • Taplow Station1.7 miles

About the agent

Keller Williams Oxygen, Maidenhead

18 York Road, York House Maidenhead SL6 1SF

Keller Williams Oxygen, Maidenhead

Keller Williams is all about a dedicated, bespoke and personal service. Our agents operate locally and have an unrivalled understanding of property in their area. We go the extra mile to sell your property. You will have one dedicated agent who will manage the transaction through from start to finish. To us, service is paramount and you will notice the difference at every step of your property journey.

Keller Williams is the number one estate agency in the world, with the highest number

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Notes

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Disclaimer - Property reference ZHKRES0000791644. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Keller Williams Oxygen, Maidenhead. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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