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Maidenhead - Freehold Vacant Retail with Residential Development Potential

Guide price: £500,000.00|2,465 Sq Ft|Residential, Retail, General Retail, Retail - High Street

Property details

SIZE2,465 Sq Ft
ADDRESS1A Cordwallis Road, Maidenhead, Berkshire, SL6 7DQ
TYPEResidential, Retail, General Retail, Retail - High Street
TENUREUnder Offer
POSTED ON20th July 2022

Description

Investment Consideration:
Vacant possession
VAT is NOT applicable to this property
Comprises detached retail premises (class E) arranged over ground and first floor
Total NIA 229 sq m (2,465 sq ft)
Planning approved in August 2022 for conversion of existing building from Retail (E) to 4 Self-Contained Residential Dwellings (C3) and a Retail/Office Unit (Class E use)
Situated in predominantly residential area, within 0.7 miles from the town centre and Maidenhead Train Station, which became part of Elizabeth Line in May 2022, providing direct services to central London and Heathrow Airport every 10 minutes at peak times.

Property Description:
The property comprises detached retail premises, arranged over ground and first floor, providing the following accommodation and dimensions:
Ground Floor: Workshop 150 sq m (1,615 sq ft)
Open plan retail,
First Floor: Ancillary 79 sq m (850 sq ft)
2 Rooms, Kitchenette, WC
Total net internal area: 229 sq m (2,465 sq ft)

Development Opportunity:
Planning approved on 22nd August 2022 for conversion of existing building from Retail (E) to 4 Self-Contained Residential Dwellings (C3) and a Retail/Office Unit (Class E use). The property would provide the following accommodation and dimensions:
Ground Floor:
Class E use: 24.40 sq m (263 sq ft)
Open plan retail/office
Flat 3 - 35.50 sq m (382 sq ft)
1 Bedroom, Open plan kitchen/living room, Bathroom
Flat 4 - 43.10 sq m (464 sq ft)
1 Bedroom, Open plan kitchen/living room, Bathroom
First Floor:
Flat 3 - 35.50 sq m (382 sq ft)
1 Bedroom, Open plan kitchen/living room, Bathroom
Flat 4 - 35.50 sq m (382 sq ft)
1 Bedroom, Open plan kitchen/living room, Bathroom

Total Residential Area: 149.60 sq m (1,610 sq ft)
Total Retail Area: 24.40 sq m (263 sq ft)
Location:
Maidenhead is a market town in the Royal Borough of Windsor and Maidenhead in the county of Berkshire, England, on the southwestern bank of the River Thames. Local bus services are provided by First Berkshire & The Thames Valley, Arriva Shires & Essex and Thames Valley Buses. The A4 runs through the town and crosses the Thames over Maidenhead Bridge. The town lies adjacent to junction 8/9 on the M4 motorway and is accessed via the A404(M) and A308(M). The A308(M), A404(M) and A404 form the Marlow and Maidenhead bypass which also acts as an important link between the M4, to the south of the town, and M40 at High Wycombe. The property is situated in predominantly residential area, within walking distance to the town centre and Maidenhead Train Station.

Location

marker
Location: 1A Cordwallis Road, Maidenhead, Berkshire, SL6 7DQ

Furze Platt (0.5 miles)

Maidenhead (0.7 miles)

Taplow (2.0 miles)

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