61 -63 Peascod Street

Windsor, SL4 1DE

Type: Investment      Size: 1937 sq ft      Tenure: Freehold

VIRTUAL FREEHOLD RETAIL INVESTMENT FOR SALE
PEDESTRIANISED TRADING LOCATION
8.12% NET INITIAL YIELD
2025 LETTING SHOWING 12% INCREASE ON 2024

LOCATION
Peascod Street is the primary retail street in Windsor and No 61-63 is positioned on the east side within the pedestrianised section between
Victoria Street and Oxford Road, with rear servicing off James Street. Nearby retailers include Specsavers, Gails and many independent
retailers and restaurants.

DESCRIPTION
The property comprises the ground floor retail element of a larger, mainly residential building, let as two lock-up shops with rear servicing. The following approx. floor areas apply, and are provided for guidance only:
Shop 61 93.1 m2 1002 ft2 744 units ITZA
Shop 63 86.9 m2 935 ft2 631.75 units ITZA

TENANCIES & TENURE
61 Peascod Street is let to Rush Networks (One) Ltd on an effectively FRI lease for a term expiring 23 Sept 2029, at £42,000 p.a.x. and 63 Peascod Street is let to Singh Essential Ltd at £40,000 p.a.x. on an effectively FRI lease for a term expiring 6 July 2035, with a tenant only break option/rent review in July 2030. Our clients hold the premises on a 125-year headlease from freeholders, Royal Borough of Windsor & Maidenhead at a peppercorn ground rent, thus expiring in 101 years.

EPC No 61: B (42)
No 63: B (33)

TERMS
We are seeking offers in excess of £950,000 for the long-leasehold interest.

LEGAL COSTS
Both parties’ legal costs to be borne by the purchaser.

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MISREPRESENTATION ACT 1967

Philip Marsh Collins Deung Chartered Surveyors and their clients give notice that (i) these particulars are issued as a general guide and so not constitute part of an offer or contract. (ii) Whilst all care is taken in the preparation of these details they cannot be relied upon as statements or representations of facts and no liability can be accepted as to their accuracy. Intending occupiers or purchasers should make their own investigations to satisfy themselves as to the facts, and should take professional advice (iii) no person in the employment of Philip Marsh Collins Deung Chartered Surveyors has any authority to make or give any representation or warranty in relation to the property (iv) unless stated otherwise, rents or prices quoted are exclusive of VAT.