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61-63 Peascod St 1,937 SF Retail Condo Unit Offered at $1,282,103 in Windsor SL4 1DE
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Tenure | Long Leasehold |
| Cap Rate | 8.12% |
| Sale Type | Investment |
| Cap Rate | 8.12% |
| Tenure | Long Leasehold |
Description
The property comprises the ground floor retail element of a larger, mainly residential building, let as two lock-up shops with rear servicing.
Sale Notes
Seeking offers in excess of £950,000 for the long-leasehold interest. 61 Peascod Street is let to Rush Networks (One) Ltd on an effectively FRI lease for a term
expiring 23 Sept 2029, at £42,000 p.a.x. and 63 Peascod Street is let to Singh Essential Ltd at £40,000 p.a.x. on an effectively FRI lease for a term expiring 6 July 2035, with a tenant only break option/rent review in July 2030. Our clients hold the premises on a 125-year headlease from freeholders, Royal Borough of Windsor & Maidenhead at a peppercorn ground rent, thus expiring in 101 years.
expiring 23 Sept 2029, at £42,000 p.a.x. and 63 Peascod Street is let to Singh Essential Ltd at £40,000 p.a.x. on an effectively FRI lease for a term expiring 6 July 2035, with a tenant only break option/rent review in July 2030. Our clients hold the premises on a 125-year headlease from freeholders, Royal Borough of Windsor & Maidenhead at a peppercorn ground rent, thus expiring in 101 years.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 61-63 | 1,937 SF | Retail | $1,282,103 ($661.90/SF) | $104,106.78 |
Unit 61-63
| Unit Size |
| 1,937 SF |
| Condo Use |
| Retail |
| Price |
| $1,282,103 ($661.90/SF) |
| NOI |
| $104,106.78 |
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Unit 61-63
| Unit Size | 1,937 SF |
| Condo Use | Retail |
| Price | $1,282,103 ($661.90/SF) |
| NOI | $104,106.78 |
| Sale Type | Investment |
| Cap Rate | 8.12% |
| Tenure | Long Leasehold |
| Description | |
| The property comprises the ground floor retail element of a larger, mainly residential building, let as two lock-up shops with rear servicing.</li></ul> | |
| Sale Notes | |
| Seeking offers in excess of £950,000 for the long-leasehold interest. 61 Peascod Street is let to Rush Networks (One) Ltd on an effectively FRI lease for a term<br> expiring 23 Sept 2029, at £42,000 p.a.x. and 63 Peascod Street is let to Singh Essential Ltd at £40,000 p.a.x. on an effectively FRI lease for a term expiring 6 July 2035, with a tenant only break option/rent review in July 2030. Our clients hold the premises on a 125-year headlease from freeholders, Royal Borough of Windsor & Maidenhead at a peppercorn ground rent, thus expiring in 101 years.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 1,937 SF | Floors | 3 |
| Property Type | Retail (Condo) | Typical Floor Size | 1,937 SF |
| Property Subtype | Storefront Retail/Residential | Year Built | 1909 |
| Building Class | B | Lot Size | 0.09 AC |
| Total Building Size | 1,937 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Residential |
| Building Class | B |
| Floors | 3 |
| Typical Floor Size | 1,937 SF |
| Year Built | 1909 |
| Lot Size | 0.09 AC |
Amenities
- Energy Performance Rating - D
- Automatic Blinds
- Air Conditioning
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Matterport 3D Exterior
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Street View
Street
Map
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61-63 Peascod St
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