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23 Queen St 2,303 sq ft Office Property Maidenhead SL6 1NB £5,000 (£2.17/sq ft)
INVESTMENT HIGHLIGHTS
- Freehold Ground Rent Investment
- Retail Unit Let on 999 Year Lease - Peppercorn Rent
- Fixed rental Uplifts Every 25 Years
- Investment Let at £1,000 p.a. (20% GIY on Guide Price)
- Retail Unit and Four Flats
- Flats Let on 125 Year Leases (approx. 119 Years Unexpired)
- VAT-Free Investment
EXECUTIVE SUMMARY
Lot 142 is available by way of Savills Online Auction 1st October 2025
The property comprises a freehold, mixed-use, ground rent investment located in the heart of Maidenhead. Arranged as a ground floor retail unit with four flats, all individual units are sold off on a long leasehold basis as per the below summary: Retail - 999 Year Lease at pepppercorn rent Flat 1 - 125 years from 24.06.2018 at £250 per annum Flat 2 - 125 years from 24.06.2018 at £250 per annum Flat 3 - 125 years from 26.06.2019 at £250 per annum Flat 4 - 125 years from 24.06.2018 at £250 per annum Flats 1, 2 & 4 include a fixed rental uplift to £500 per annum in 2043 with further increases every 25 years thereafter. Please see the Legal Pack for more information.
The property comprises a freehold, mixed-use, ground rent investment located in the heart of Maidenhead. Arranged as a ground floor retail unit with four flats, all individual units are sold off on a long leasehold basis as per the below summary: Retail - 999 Year Lease at pepppercorn rent Flat 1 - 125 years from 24.06.2018 at £250 per annum Flat 2 - 125 years from 24.06.2018 at £250 per annum Flat 3 - 125 years from 26.06.2019 at £250 per annum Flat 4 - 125 years from 24.06.2018 at £250 per annum Flats 1, 2 & 4 include a fixed rental uplift to £500 per annum in 2043 with further increases every 25 years thereafter. Please see the Legal Pack for more information.
PROPERTY FACTS Under Offer
Sale Type
Owner Occupier
Sale Condition
Auction Sale
Property Type
Office
Tenure
Freehold
Property Size
2,303 sq ft
Costar Property Class
B
Year Built
1890
Price
£5,000
Price per sq ft
£2.17
Number of Floors
4
Typical Floor Size
576 sq ft
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23 Queen St
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