Location Estimated District Population: 142,000 Miles: 5 miles south of Slough 8 miles west of Heathrow 25 miles west of Central London
Roads: A308, A332, M4, M25 Rent £20,100 pa
Prominent Freehold Betting Office Investment • Let to Coral Racing Limited • New 16 year lease (no breaks)
• Rent Review 2016 to a minimum of £23,024 pa. Further minimum rental increase in 2021
• VAT- free investment and Completion 10th January 2012 available
The Special Conditions of Sale and a legal pack are available from the Seller’s Solicitors and are available online at www.cbre.co.uk/auctions. Seller’s Solicitor Wallace LLP. t: 0207 636 4422. e: jackie.boot@wallace.co.uk Ref: Mrs J Boot.
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Position The property is located in a prominent position on Dedworth Road opposite its junction with Manor Road in a mixed commercial and residential area about 1 mile west of the town centre.
Nearby: Total Petrol Station, Costcutter, Stows of Windsor.
Description BETTING OFFICE arranged on the ground floor and a self-contained flat on the first floor.
Total Commercial Area (1) Trading as Coral, with about 1,600 branches. (Source: www.galacoral.co.uk)
Lease Term: 16 years from 3rd February 2011 Basis: FRI Rent: £20,100 per annum Reviews: Rising to a minimum of £23,024 pa or OMRV in September 2016 and further by 2.5% pa compounded annually or OMRV in September 2021
Expiry: February 2027 VAT is not applicable to this lot.