Lot 79 Commercial Investment With Lapsed Planning For DevelopmentAuction Date:
1st May 2025
101 High Street, Maidenhead, Berkshire, SL6 1JX
Currently let at £34,000 per annum
Maidenhead is a market town in the Royal Borough of Windsor & Maidenhead. The High Street has, for centuries, been the town's main commercial thoroughfare, running east/west through the town centre and lies within a designated conservation area.
This property is located towards the western end of the pedestrianised High Street offering many other local and national branded retailers. The mainline railway station is half a mile away and following recent upgrades offers a high speed rail link to London on the Elizabeth Line and direct links further afield.
The two storey building is currently occupied by a national charity shop with their main retail area on the ground floor and further storage areas on the first floor. The property has a pedestrian right of way from the rear of the premises to Nicholsons Lane at the rear.
Planning
Planning Consent, which has now lapsed, was granted by the Royal Borough of Windsor & Maidenhead Council under ref: 19/02698/FULL, dated 23rd January 2020, for Change of Use of the first floor from A1 use to C3 residential use, first and second floor rear extension, changes to external finish and a new second floor with mansard roof to create four self-contained flats, subject to conditions.
A copy of the Planning Consent and accompanying documents may be downloaded from the Local Planning Authority website, Royal Borough of Windsor & Maidenhead Council. Website: www.rbwm.gov.uk. Tel: 01628 683800.
Ground Floor
Main customer retail area, storage room, kitchenette and W.C.
First Floor
Two storage rooms.
Outside
Small rear courtyard.
Tenancy
Cancer Research UK are currently holding over following the expiry on 14th April 2021 of a 10-year FRI lease, currently paying £34,000 per annum, plus buildings insurance.
EPC Rating
C (74) Floor area 212 sq.m.
There is an addendum available to be read
in conjunction with the legal documentation.
Further Information
Joe Rocks/Rob Marchant
on 01489 564606
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Important
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.
* Price Information
Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).
We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.
Additional Fees
An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.
All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to Buyers Fees
