57 High Street, Ascot, Berkshire, SL5 7HP

57 High Street, Ascot, Berkshire, SL5 7HP

£725,000
Commercial
Sold
About this Property
24 September 2024
Sold
£725,000
Traditional
Commercial
Description

Commercial freehold shop investment located at 57 High Street, Ascot, Berkshire, SL5 7HP. The property comprises a total accommodation of approximately 133 sqm (1,432 sqft) and is entirely let to Soul Coffee House South Limited (t/a Starbucks) on a lease expiring in 2027. There is potential to extend and convert the first floor to residential use, subject to all consents. The property is situated 250m from the world-famous Royal Ascot Racecourse and is in proximity to occupiers such as Sainsbury's Local, Tesco Express, Costa, and Maserati. The rental value is £54,000, and a rent review for 2022 is outstanding. VAT is not applicable.

Location
More Information
Freehold
Planning Authority
Windsor and Maidenhead LPA
Address History
26 May 1998Sold£80,000
31 Oct 2024Sold£810,000

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