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80 High Street

Burnham, Buckinghamshire, SL1 7JT

12,810 Sq.Ft. (1,190.05 Sq.M.)

Investments

For Sale £350,000

Under Offer

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Description

The property is leased as a whole to a single tenant and comprises a good size ground floor shop with two bedroom flat above. The shop provides good clear retailing space and benefits from suspended ceiling, spotlights and WC to the rear. The flat above is accessed from within the shop and is fitted to a good standard with two double bedrooms, well fitted bathroom and kitchen. To the rear there is a small yard. To the front of the property there is open parking, not within this property's ownership, but has been used by the tenants of it for many years. The property is leased to an individual, as a whole, drafted outside the security provisions of the Landlord and Tenant Act, on an FRI 10 year lease to expire 5th November 2029. There was a break clause, which was not exercised by the tenant. The passing rental is £21,000 per annum, with no current arrears. An upward only market rent review will shortly be due.

Location

The property is located within the centre of Burnham Village High Street close to all the main shops and facilities and adjoining Costa Coffee. Burnham is midway between Slough and Maidenhead and is located just off the A4 which in turn connects with the M4 at Junction 7 close by. Burnham offers a wide range of shopping facilities including Morrisons and a selection of local independent traders.