This freehold shopping arcade offers a prime investment opportunity in the desirable village of Cookham, situated along the scenic River Thames. Currently generating an annual income of £42,660, with one unit available for lease, the property is well-positioned for further development and asset management.
Comprising 15 retail units and additional storage space at the rear, this property provides significant renovation potential. The design allows for various configurations, including the possibility of reverting to a single retail space or exploring alternative uses and redevelopment options, pending necessary permissions.
Cookham itself is known for its affluent community and charm, located just two miles north of Maidenhead. The arcade sits on the bustling north side of High Street, close to Berries Road, surrounded by a mix of local shops, eateries, and residential properties that enhance foot traffic and customer engagement.
Transportation links are excellent; the M4 and M40 motorways are easily accessible within a short drive. Additionally, nearby Cookham and Maidenhead train stations serve as convenient gateways to London Paddington, offering services that can reach central London in approximately 17 minutes.
The property’s appeal is further heightened by the long leasehold status of the flat above, providing additional income stability. The varied sizes of retail units range from approximately 93 sq ft to 438 sq ft, totaling around 1,569 sq ft across all units.
For those interested in capitalizing on this unique property with substantial potential for growth and adaptation in a sought-after location, inquiries should be directed to the Royal Borough of Windsor and Maidenhead for planning guidance and further information.