121-123 High St 6,466 sq ft Retail Property Slough SL1 1DH £1,390,000 (£214.97/sq ft)

Slough is a major commercial centre within the Thames Valley located approximately 38 km (24 miles) west of London and 16 km (10 miles) west of Heathrow Airport. Communication links are excellent with Junction 5 of the M4 motorway within a mile of the town centre which, in turn, connects with the M25, 3 miles to the east. There are frequent rail services to London (Paddington) with an average journey time of 27 minutes. The new Elizabeth Line is only a short walk away providing 4 new higher capacity trains running an hour in each direction between Slough and London.
121-123 HIGH STREET SL1 1DH PRIME HIGH STREET INVESTMENT LET TO LLOYDS PLC FREEHOLD FOR SALE The property comprises of a mid-terrace three- Storey building originally constructed circa 1930’s. The property was originally used as a cinema as noted by the art deco cladding on the front elevation. The entire property is occupied by Lloyds Bank PLC. The property is arranged over basement, ground and ancillary offices on the first and second floors.
Prime High Street Retail Bank Investment Great Transport Links Close Proximity to Queensmere Shopping Centre Development Opportunity Let to Lloyds Bank Plc New 3 year Lease to be granted to Lloyds Bank £1,390,000 with the benefit of the Income from Lloyds Bank Plc The entire property is Let to Lloyds Bank Plc on a FR&I Lease for a term of 5 years from 23/12/2020 without rent review expiring 23/12/2025 at the current passing rental of £70,000 per annum. Lloyds Bank have formally applied to take a new Lease for a further 3 years from the expiry of their current Lease at the same passing rental of £70,000 pax. The Landlords are seeking a rental of £75,000 pax.