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5 High St 2,096 sq ft 100% Let Office Property Maidenhead SL6 1JN £575,000 (£274.33/sq ft)
Investment Highlights
- Passing rent £45,740 per annum
- Reversionary rental growth potential
- Fully let to a mix of retail and office tenants
- Prominent town centre High Street location
Executive Summary
The property comprises a fully let, multi-tenanted town centre investment arranged as a ground floor retail unit with office accommodation across the first and second floors. The asset benefits from three income-producing tenants, with leases extending to 2030, providing immediate income security. There is clear reversionary potential, as both the first and second floor office rents are currently below market levels. In addition, the building offers future residential development potential (STP), creating longer-term value enhancement opportunities in a strong Maidenhead town centre location.
The current passing rent is £45,740 per annum.
The current passing rent is £45,740 per annum.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Size
2,096 sq ft
Costar Property Class
B
Year Built
1877
Price
£575,000
Price per sq ft
£274.33
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
653 sq ft
Amenities
- Security System
- Storage Space
- Air Conditioning
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5 High St
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