This property consists of a modern terrace of business and hybrid units, set on approximately 0.487 acres. Located in the heart of Maidenhead, it offers convenient access to various town center amenities and is just a short walk from the train station, which provides direct services to London Paddington. For those commuting by car, the M4 and A404 offer excellent connectivity to surrounding regions.
The units comprise ground floor industrial space with office accommodations situated above, featuring attractive glazed entrances and stairwells. Currently, some ground floor units have been repurposed for office use; however, they could easily be converted back to their original industrial configuration if desired. Presently, several units are occupied by established tenants, generating a total rental income of £102,200 per annum, with planned increases that will elevate this figure to £154,000 by September 2025. Notably, two of the ground-floor units host charitable organizations and do not generate rental income.
There's a significant opportunity for investors looking to enhance returns through refurbishment or reconfiguration. Should the units be developed as hybrid or business spaces following renovation, projected rental rates could reach around £12.50 per square foot annually. Alternatively, converting all units into designated office accommodations could yield rents between £19.50 and £22.50 per square foot based on the level of finish.
Moreover, there exists long-term potential for residential redevelopment—either through refurbishment of the existing structures or new construction—subject to obtaining the appropriate planning permission.
In terms of tenure, the freehold is available for purchase along with existing leases in place. Each party will bear their own legal costs in any transactions that may follow. Additionally, it's noted that the property is not VAT registered.
With its prime location and diverse potential uses—whether enhancing current rentals or exploring redevelopment options—this property presents a compelling investment opportunity for those looking to capitalize on Maidenhead's growth trajectory.
