Chatsworth House, 29 Broadway, Maidenhead
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- SIZE
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- SECTOR
Residential development for sale
Key features
- Freehold Investment/Development Opportunity
- Prominent Corner Pitch
- GIA 19,723 sq ft (1,832.27 sq m)
- Ground Floor Let to Kempton Carr Limited
- Lease Expires February 2030
- Producing £87,416 per annum
- Development Potential to the Four Upper Floors
- Permitted Development for Conversion to 30 Flats
Description
Arranged across ground and four upper floors, the ground floor is let as an office, whilst the upper parts benefit from permitted development consent to convert to 30 flats.
The ground floor is let to Kempton Carr Limited on a lease expiring February 2030 and paying £87,416 per annum, the tenant elected not to serve their break in 2023 displaying confidence in the location and therefore offering cash flow for the asset throughout the proposed development programme.
The upper parts have permitted development consent for conversion to provide 30 flats, with associated M&E to include a lift. a full breakdown of the proposed accommodation is available on the Savills Auctions website.
The property occupies a prominent corner pitch at the periphery of Maidenhead town centre, the immediate area comprises a mix of commercial and residential uses, with the retail amenities of the High Street and Queen Street less than 0.1 miles away and Maidenhead Rail Station is approx. 0.3 miles to the south offering direct services to London.
Brochures
Chatsworth House, 29 Broadway, Maidenhead
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 Savills, Savills, Auctions
33 Margaret Street, London, W1G 0JD
Notes
Disclaimer - Property reference 51AE281D-248D-4188-AE6A-FEAAF7C1FDBF. 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 Savills, Savills, Auctions. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Savills, Savills, Auctions on 020 3834 8097.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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