20 miles west of Central London, 18 miles east of Reading, 4 miles north of Windsor
Roads
Roads
A4, A412, M4 (Junction 6) M25
Rail
Slough Rail Station
(approx. 35 mins to London Paddington)
Air
London Heathrow Airport, London Luton Airport, London City Airport
Situation
Slough, with a population over 100,000 is a strategically important centre, 20 miles west of London, 18 miles east of Reading and 4 miles north of Windsor. The town benefits from good road links with the M4 (Junction 6) and the M25 close by giving access to Heathrow and Gatwick International Airports. The M40 motorway is 6 miles north & the M3 8 miles to the south of the town. Slough's rail station provides direct services to London Paddington. The property is situated in the town centre on the south side of the pedestrianised High Street at its junction with Church Street and opposite Buckingham Gardens Car Park. Occupiers nearby Burger King, TSB, EE, McDonalds, Savers, Nationwide, Greggs & HSBC
Tenure
Freehold.
Location
Miles
20 miles west of Central London, 18 miles east of Reading, 4 miles north of Windsor
Roads
Roads
A4, A412, M4 (Junction 6) M25
Rail
Slough Rail Station
(approx. 35 mins to London Paddington)
Air
London Heathrow Airport, London Luton Airport, London City Airport
Situation
Slough, with a population over 100,000 is a strategically important centre, 20 miles west of London, 18 miles east of Reading and 4 miles north of Windsor. The town benefits from good road links with the M4 (Junction 6) and the M25 close by giving access to Heathrow and Gatwick International Airports. The M40 motorway is 6 miles north & the M3 8 miles to the south of the town. Slough's rail station provides direct services to London Paddington. The property is situated in the town centre on the south side of the pedestrianised High Street at its junction with Church Street and opposite Buckingham Gardens Car Park. Occupiers nearby Burger King, TSB, EE, McDonalds, Savers, Nationwide, Greggs & HSBC
Tenure
Freehold.
Description
The property comprises ground floor retail with residential accommodation above. The residential accommodation of 8 flats known as Butler House is separately accessed from Church Street and arranged on ground and upper floors.
VAT
VAT is applicable to this lot.
Completion Period
6 Week Completion
EPC
Band D. See legal pack at www.acuitus.co.uk
Description
The property comprises ground floor retail with residential accommodation above. The residential accommodation of 8 flats known as Butler House is separately accessed from Church Street and arranged on ground and upper floors.
VAT
VAT is applicable to this lot.
Completion Period
6 Week Completion
EPC
Band D. See legal pack at www.acuitus.co.uk
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Review/ (Reversion)
Ground
Retail/Ancillary
215.54 sq m
(2,320 sq ft)
Starbucks Coffee Company (UK) Limited (sublet) (1)
15 years from 19/10/2007
£100,000
(18/10/2022)
Rear Ground and upper floors
Residential
8 Flats
Butler House Management (Slough) Limited
150 years from 1/01/2007
£1,600
1/01/2027 & 20 every years thereafter - RPI linked (31/12/2157)
Total
Total Commercial
£101,600
(1) For the year ended 29th September 2019, Starbucks Coffee Company (UK) Limited reported a turnover of £361.7m, pretax loss of £8.5m and Shareholders Funds of £39.2m and operate from 910 stores nationwide (Source: Companies House 14/01/2021). Sublet to Soul Coffee House (South) Limited at £100,000 per annum on a lease expiring 15/10/2022.
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
