LOCATION:

Slough is a major commercial centre within the Thames Valley located approximately 38 km (24 miles) west of London and 16 km (10 miles) west of Heathrow Airport. Communication links are excellent with Junction 5 of the M4 motorway within a mile of the town centre which, in turn, connects with the M25, 3 miles to the east. There are frequent rail services to London (Paddington) with an average journey time of 27 minutes. The new Elizabeth Line is only a short walk away providing 4 new higher capacity trains running an hour in each direction between Slough and London.

DESCRIPTION:

The property comprises of a mid-terrace three- Storey building originally constructed circa 1930’s.
It is opinioned that the property was originally used as a cinema as noted by the art deco cladding on the front elevation. The entire property is occupied by Lloyds Bank PLC. The property is arranged over basement, ground and ancillary offices on the first and second floors.

AREAS (all measurements are approximate):

Commercial

Ground Floor                                     2,897 Sq Ft       (269 Sq M)

First Floor                                           1,742 Sq Ft        (161.8 Sq M)

Second Floor                                         562 Sq Ft        (52.2 Sq M)

Basement                                            1,265 Sq Ft         (117.5 Sq M)

TOTAL AREA                                6,466 Sq Ft       (600.5 Sq M)

TENANCY:

The property is let in its entirety to Lloyds Bank Plc under a full repairing lease from December 2020 for a term of five years. There is a Tenant break option in the third year and the passing rent is currently £70,000 per annum exclusive. The lease falls inside the security of tenure provisions of the Landlord and Tenant Act.

PRICE:

£1,350,000

LEGAL COSTS:

Each party to bear their own legal costs.

IDENTIFICATION:

In accordance with Anti-Money Laundering Regulations, two forms of identification will be required from the successful tenant.

VIEWING:

Strictly by appointment through SOLE agents; Christo & Co.

CONTACT:

Paul Stone (020 7482 1203 / 07973 845 462 / [email protected])

SUBJECT TO CONTRACT

NOTICE RELATING TO THE PROPERTY MISDESCRIPTIONS ACT

Christo & Co as Agents and for the Vendors/Lessors of this property give notice that: 1) These particulars have been checked and are understood to be materially correct at the date of publication. The content however, is given without responsibility and should not, in any circumstances, be relied upon as representations of fact. Intending Purchasers/Lessees should satisfy themselves as to their correctness and as to the availability to the property prior to arranging viewings of the property. 2) These particulars are a guide only and do not form part of an offer or contract. 3) Christo & Co, their employees, nor the Vendors/Lessors make or give any representation or warranty in relation to the property. 4) No representation or warranty is given in respect of any part, equipment or services at the property. 5) Unless otherwise stated, prices, rents or other prices quoted are exclusive of VAT. Intending Purchasers/Lessees must satisfy themselves independently as to the incidence of VAT in respect of any transaction relating to this property. 6) Date of Publication: July 2023.