Commercial property for sale in Crown Corner, High Street, Crowthorne RG45, £425,000

425,000.00

Offer Nr.:
64680500
Type of ad:
for Sale
Property type:
Commercial property
Contact name:
Page Hardy Harris Ltd
Phone(s):
01344 527658

* Freehold
**Key Points**
* Recently built high quality development
* Fully let or sold on long leases
* Prominent High Street location
* Good private parking
* Affluent Berkshire town
* Attractive design
* Good Parking
**Description**
An excellent investment opportunity with commercial letting and ground rent
income from a recently completed high quality development.
**Location**
Prominently located at the entrance to the High Street in the affluent
Berkshire town of Crowthorne
**Legal Fees**
Each party to pay their own legal costs
**VAT**
We understand that the property is not elected for VAT and therefore VAT will
not be charged on the sale.
**Tenancy Schedule**
Shop 1 - Let until 26 August 2031 on an effective Fri lease, with a rent
review and Tenant break option in August 2026. Passing rent of £23, 000pa.
Outside The Act.
Shop 2 - Sold on a 999 year lease at a peppercorn ground rent.
Flats 1 - 14 - Sold on 125 year leases with a current combined ground rent of
£2, 725. Rpi increases applied every 15 years.
Total current income of £25, 725pa

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