https://www.thelandsite.co.uk/files/properties/5f16f2634f2e11eaba390afeec538f48/1105-67678ec80a3cb509799722180372-e59c16570dd04333b06a3871f40b9de0-IMG_2900.jpg

Investment for sale in Crowthorne

83/85/85A Church Street, Crowthorne, Berkshire, RG45 7AW
For sale
POA
curchod-co
This property is marketed by:
Curchod & Co
Description

The premises being sold comprise a retail property at the front of the site, which is predominantly at ground floor level, with two small first floor rooms. Attached at the rear of the property, and accessed by a side gate from Church Street, is a well presented two bed residential property with an attractive garden.

The retail unit has a long established history as being used as an opticians, and is currently let to Norman Prince Crowthone Limited on a 15 year lease expiring on the 1st April 2033. There is a break option in 2028.

The residential property, which underwent a full refurbishment in 2015, is let under an AST at a rent of £1,150 per month (£13,800 pa) let until 11th February 2025.

Location

Crowthorne is a popular village close to Sandhurst and Bracknell. Within the village there are many cafes, shops, a post office, restaurants, and also larger stores such as a Lidl and Co-op.

The property is situated on Church Street which is very close to the main village centre. Crowthorne Train Station is located approximately 1.2 miles away. Junction 4 of the M3 is approximately 4 miles drive and Junction 10 of the M4 is approximately a 6 mile drive.

Key Points
  • Popular village location
  • Established commercial tenant
  • 2-bed residential property with garden
  • Retail income £15,100 per annum
  • Residential income £13,800 per annum
Anti Money Laundering

To comply with Anti Money Laundering regulations, Curchod & Co undertake ID checks for all successful purchasers and tenants where legislation requires us to do so.

Legal Costs/VAT

Each side to be responsible for the payment of their own legal fees incurred in the sale.

Prices are quoted exclusive of VAT which may be charged.


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